Lisa Harris's (aharristx) Blog

In the Summer of 2005, Mark Dotzour, Chief Economist at the Texas A&M Real Estate Center, gave a presentation to our local board based on his research, What Factors Determine the Volume of Home Sales in Texas.  The factors that determined Home sales volume in a local economy basically boiled down...

Most Expensive Neighborhoods In Amarillo, TX City Limits  based on MLS data 3/07/07 to 3/07/08 Price/SqftAverage Sold Price AverageMinMaxTascosa Country Club $ 126.28  $ 68.24  $ 244.08  $ 444,666.67 La Paloma $ 118.54  $ 75.74  $ 256.36  $ 386,968.42 Colonies $ 112.71  $ 84.94  $ 141.44  $ 339,7...

Housing Inventory is still low for lower priced homes in Amarillo and Canyon.  Months of inventory that is less than 5 months is considered a Seller's market. Months of inventory between 5 and 7 months is considered neutral market and above 8 months is considered a buyer's market. Single Family U...