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Lakeland Realty Donna Clark Group
1145 Canton Road
PO Box 190
Cadiz, KY 42211
Office Phone:270-522-9333
Cell Phone:   270-792-4563
donnaclark21@aol.com

 

Testimonials Page

Butch and I are most Grateful for Donna Clark's intelligence, dedication and patience in helping us find our dream home. We looked at several homes, but never felt like this is "the one"! We had several particulars we had requested, but yet had to stay in an affordable price range. Donna Clark's encouragement kept us from giving up on finding the home we could afford and love at the same time. Donna's honesty, true dedication to her client's interest and her knowledge of the Real Estate Industry most definitely sets her apart from other Realtors. Thank you Donna for an exceptional job!!! We highly recommend you to anyone seeking an excellent Real Estate Agent!
I keep going back to Donna for my real estate needs. No one works harder to get you a sale or find your new "home" in Trigg County. Her attention to detail and her capacity to network place buyers and sellers together. Donna's knowledge of the area and her skills in negotiation are amazing. When we first came to Trigg County, we had no idea of the many areas in the county matching our relocation needs. She not only spent days driving us throughout the county but arranged for us to view waterfront lots by boat. The opportunity to see our property by water helped us find a great lot where we built our dream home. I have referred many friends and neighbors to Donna and her team. It is hard to find a realtor and broker who listens to what you want and works to find the perfect match whether buying or selling. Call her for your next real estate transaction. You will not be disappointed. spennington9
Working with Donna was an amazing experience. Donna and her staff were able to understand exactly what we were looking for in a Home within the first five minutes of meeting. Her patients and experience were detrimental in our home selection and purchase, not to mention that I was out of the country for 80% of the process to include the closing. I would recommend Donna Clark and her Lakeland Realty Group to my family and friends. Scott Coons
Donna is a rock star in real estate. Her knowledge of the area around Lake Barkley is remarkable. She spent several days showing us various houses in the area. Her focus was not on the time involved or the money. Her focus was finding us that perfect lake house to fit our needs/wants. And we did thanks to Donna. I highly recommend her to anyone looking for real estate in Trigg County bmaier9
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LAKE BARKLEY & KENTUCKY LAKE WATERFRONT & LAKE AREA REAL ESTATE

Located in beautiful Cadiz in Western Kentucky.  Lakeland Realty Donna Clark Group specializes in superior customer service for our buyers and sellers in the greater Lake Barkley & Kentucky Lake area.  We are centrally located in Western Kentucky within minutes of Lake Barkley, Kentucky Lake, Lake Barkley State Park and Land Between the Lakes.  Whether you are searching for the perfect waterfront home or lot, dockable waterfront property, lake area home or lot, single family home, farm, rural property, commercial or in town property we can help you find your dream.  We service Cadiz, Eddyville, Hopkinsville, Fort Campbell, Princeton, Draffenville, Murray, Cerulean, Paducah and the surrounding areas.  We'll show you any property listed in the MLS.  We look forward to showing you that all Realtors are not created equal.  

About Us.  Our group of professionals come from the 3 major franchises in the real estate market with over 100 years combined experience.  We have consistently been multi-million dollar producers over the years and strive to be your number one chocie of Realtors, THERE IS A DIFFERENCE IN REALTORS!!! 

BUYERS
Automatically receive personalized MLS listings by e-mail.  Lakeland Realty Donna Clark Group can have our MLS service search the local MLS every 15 minutes and find the homes that match your criteria and notify you immediately with the latest listing information.  Simply choose Dream Home Finder and fill in the requested information.  Or, search yourself at Quick Search or Map Search.

SELLERS
If you're planning to sell your home in the next few months, this FREE service from Lakeland Realty Donna Clark Group is designed to help establish your home's current market value.  Simply choose
Market Analysis and fill out the requested information. We will use comparable sold listings to help you calculate the fair market value of your home.

Certifications and Recognitions
Consistent Multi-Million Dollar Producers
Waterfront Specialists
KAR and NAR members

Specialization
Our company specializes in representing clients in the purchase and sale of single-family residences and lakefront properties within the cities of Cadiz, Eddyville, Benton, Princeton, and Paducah.  We keep current of all transactions in these areas.

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Real Estate News!!!

Latest Realty News from NAR

Workforce Migration and Affordability: A Closer Look

The workforce is moving to less affordable areas.

– In the last 12 months, more than 1.7 million LinkedIn members who lived in the 20 largest metropolitan areas moved from a more affordable place to a less affordable place.

– Denver, San Francisco and Seattle were the top destinations for LinkedIn members.

Although housing affordability is still weakening in many local areas, particularly in the West, as a result of the ongoing supply and demand imbalances, a NAR analysis shows that many workers are actually moving to less affordable areas such as San Francisco and Seattle. According to LinkedIn migration data[1], more than 1.7 million LinkedIn members[2] moved to a less affordable area in the last 12 months. In 13 of the largest 20 areas, a majority of the workforce moved from a less expensive place to a more expensive place.

For instance, the San Francisco area was the most popular destination for workers moving from Detroit. More than 36,000 LinkedIn members from Detroit moved to the San Francisco area in the last 12 months. Based on the REALTORS® Affordability Distribution Curve and Score (RADCS), the affordability score for Detroit was 0.95 in September 2018 while the affordability score for the San Francisco area was 0.48. But what does this mean? The higher the score, the more affordable the area is. For example, a household earning $100,000 in Detroit can afford to buy 72% of homes currently listed for sale while the same household can afford to buy only 8% of homes for sale in San Francisco area.

San Francisco was also the top destination for workers from Philadelphia. Although Philadelphia is more affordable than San Francisco, nearly 27,000 LinkedIn members moved from Philadelphia to San Francisco in the last 12 months. The visualization below allows you to compare the affordability of the area of origin with the affordability of the destination area. Among the 20 largest areas, see in which areas workers decided to move to a less affordable place. Please bear in mind that the higher the score, the more affordable the area is.

While people in general are moving less these days, we also see that fewer people move for an employment-related reason. However, due to a strong economy, it seems that people get better jobs and decide to move to the most attractive areas across the United States.  The good news is that new construction is increasing even in areas with serious housing supply issues. For example, the three-year issuance of single-family permits increased 2 percent in the San Francisco metro area. Based on the NAR Housing Shortage Tracker, when we compare permit issuance with employment growth, we see that in November 2018 a single-family permit was issued for every 12 new jobs compared to 15 jobs in November 2017.


[1] LinkedIn Workforce Report (October 2018).

[2] From the 20 largest areas as far as LinkedIn membership.

In Which States Did Properties Sell Quickly in September 2018?

In a monthly survey of REALTORS®, respondents reported that properties were typically on the market for 32 days (34 days on year ago), according to the  September 2018 REALTORS® Confidence Index Survey.[1]  However, the difference in median days in the current month compared to the same month last year has started to narrow as homebuying demand has eased and the inventory of homes for sale has slightly increased. In January and February of this year, properties were selling about one week less compared to the length of time in the same period one year ago.

During the July–September 2018, properties typically sold within one month in 27 states (32 states in August 2018).  Properties sold most quickly in South Dakota (20 days), Idaho (21), Washington (21 days), Rhode Island (21 days), Indianapolis (22 days), Kansas (23), Massachusetts (23), Ohio (23), Utah (23), Colorado (24), Nevada (24), Nebraska (24), Maine (24), and Michigan (24).  

That properties are still selling faster compared to one year ago is an indication that the supply of homes for sale is still inadequate compared to the demand for homes. Based on the REALTORS® Seller Traffic Index[2], home selling conditions were “weak” during July, August, and September 2018 compared to one year ago in the District of Columbia and in 28 states including California, Oregon, Colorado, New York, New Jersey, Massachusetts, Virginia, North Carolina, South Carolina, Georgia, Tennessee, and Florida.

 


[1] In generating the median days on market at the state level, NAR uses data for the last three surveys to have close to 30 observations. Small states such as AK, ND, SD, MT, VT, WY, WV, DE, and D.C., may have fewer than 30 observations.

[2] An index greater than 50 means that more respondents reported conditions relative to one year ago as “strong” than those that reported “weak.” Due to sampling, we categorize the index as “very weak” for 0 to 25; “weak” for values 25+ to 45; “stable” for values 45+ to 55; “strong” for values 55+ to 75; and “very strong” for values 75+.

September 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates rose to 4.77 percent this September, up 14.9 percent compared to 4.15 percent a year ago.

  • Housing affordability declined from a year ago in September moving the index down 8.4 percent from 160.1 to 146.7. The median sales price for a single family home sold in September in the US was $260,500 up 4.6 percent from a year ago.
  • Nationally, mortgage rates were up 62 basis point from one year ago (one percentage point equals 100 basis points).

  • The payment as a percentage of income was down to 17 percent this September but up from 15.6 percent from a year ago. Regionally, the West has the highest payment at 23.7 percent of income. The South had the second highest payment at 16.5 percent followed by the Northeast at 16.4 percent. The Midwest had the lowest payment as a percentage of income at 13.5 percent.

  • Regionally, the West recorded the biggest increase in home prices at 7.0 percent. The Northeast had an increase of 5.3 percent while the South had a gain of 4.2 percent. The Midwest had the smallest growth in price of 2.2 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 9.0 percent. The South had a decline of 7.3 percent followed by the West that fell 6.8 percent. The Midwest had the smallest drop of 5.8 percent.
  • On a monthly basis, affordability is up from last month in all of the four regions. The Northeast had biggest gain of 5.5 percent. The Midwest had an incline of 4.2 percent followed by the South with an increase of 2.3 percent. The West had the smallest gain in affordability of 1.9 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 185.3. The least affordable region remained the West where the index was 105.4. For comparison, the index was 151.4 in the South, and 152.3 in the Northeast.

  • Mortgage applications are currently down. Mortgage rates are rising and home price growth is starting to slow down. Despite higher mortgage rates, lower home prices and increases inventory levels will help renters and potential home buyers enter the housing market. Home prices are up 4.6 percent outpacing median family incomes that are growing 3.1 percent.
  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

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