Think I'm just saying that because this is where I live and work? Well of course! But I ALSO have some national backing on my statement. This week, Amarillo Globe News talked about how Florida based Housing Predictor (an online real estate research company) said that Amarillo will have the highest predicted appreciation of the nation at 2.1%.
That's not a lot, of course, but on this top 25 list, only FOUR markets total are in the positive! Most are deprecating - the lowest in the top 25 at -4.8% ‘appreciation'. The chart from Housing Predictor is down below.
On a slightly different tack, USA Today earlier in the week talked about Amarillo's real estate market as well. Amarillo has been able to survive the recession with just ‘flesh wounds' as Tracy Howland of the Amarillo Association of Realtors termed it. We currently have the states lowest unemployment rate.
Our first quarter was rather tight, but with summer here now, we've been able to pick up - June '09 beating June '08 in sells by 4%, and July is looking to be another positive month. That's GREAT, considering that the first six months had an 18% drop from '08.
Of course, our luxury market is sluggish, like the rest of the country, but as long as we can stay the course and not have our house values dip down too far, Amarillo will hopefully remain in the top real estate markets!
|
Rank
|
Market
|
Predicted Appreciation
|
|
1
|
Amarillo
|
2.1%
|
|
2
|
Morgantown, W.V. (tie)
|
1.6%
|
|
3
|
Lubbock (tie)
|
1.6 %
|
|
4
|
Logan, Utah
|
1.4%
|
|
5
|
Piedmont, S.D.
|
-1.5%
|
|
6
|
Lawton, Okla.
|
-2.1%
|
|
7
|
Albany, Ga.
|
-2.1%
|
|
8
|
Black Hills, S.D.
|
-2.1%
|
|
9
|
Minot, N.D.
|
-2.7%
|
|
10
|
Paducah, Ky.
|
-2.7%
|
|
11
|
Bozeman, Mont.
|
-2.8%
|
|
12
|
Edmond, Okla.
|
-2.8%
|
|
13
|
Rapid City, S.D.
|
-2.8%
|
|
14
|
Oklahoma City, Okla.
|
-2.9%
|
|
15
|
Lincoln, Neb.
|
-3.0%
|
|
16
|
Billings, Mont.
|
-3.4%
|
|
17
|
Monroe, La.
|
-3.5%
|
|
18
|
Livingston, Mont.
|
-3.5%
|
|
19
|
Buffalo, Wyo.
|
-3.5%
|
|
20
|
Great Falls, Mont.
|
-3.7%
|
|
21
|
Decatur, Ill.
|
-4.1%
|
|
22
|
Fargo, N.D.
|
-4.5%
|
|
23
|
Missoula, Mont.
|
-4.5%
|
|
24
|
Grand Forks, N.D.
|
-4.7%
|
|
25
|
Lander, Wyo.
|
-4.8%
|
List provided by www.HousingPredictor.com
This information is presented by:
Connie Taylor
Keller Williams
ConnieTaylor@KW.com
www.SoldByConnieTaylor.com
Information is deemed to be reliable, but is not guaranteed.
;)
;)
