While much of the country is feeling the "lock-in" effect of high interest rates, the Amarillo real estate market is telling a very different story. According to a recent report from the National Association of REALTORS® (NAR), Amarillo is officially a mobility outlier, with movement rates that significantly outperform the national average. Why This Matters for Amarillo Sellers For local...
Market Trends & Forecasts
Big-picture trends and outlooks for the Amarillo housing market. These posts explore where the market may be heading and what buyers and sellers should consider when planning their next move.
Capitalize on Limited Inventory! With just a 1.38-month supply, the low inventory in Hillside Terrace Estates signals strong demand, making it a prime time to list your home. Set a Competitive Price. The median list price for new and active listings is around $305,000 to $310,000, providing a solid benchmark for pricing your property competitively in the current market. Act Fast: Listings Are...
Amarillo’s economic forecast recently ranked number one among mid-sized cities nationwide, signaling strong and steady growth ahead for the local economy. According to a report highlighted by MyHighPlains, economists point to Amarillo’s strategic location at the crossroads of I-40 and I-27, a diversified business base, steady population growth, and a healthy labor force as key drivers behind this...
Almost Summer—Is It Still a Good Time to Buy? The school year is winding down, the days are long, and summer is just around the corner. If you’ve been thinking about buying a home in Amarillo, this window between late spring and early summer can be one of the best times to make a move. Many buyers start looking in early spring, but if you’re jumping in now, you’re not too late, in fact, you...
Why So Many Homeowners Choose Spring to Sell. When the flowers bloom and the days get longer, the housing market starts to heat up. Spring has long been considered the best time to list a home, and it’s easy to see why. Buyers are more active, homes look their best, and families are eager to move before the next school year begins. But is spring always the best time for you to sell? Let’s take a...