Amarillo, TX Real Estate News

By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
  Pamela Madore The Pamela Madore Group 806-290-1920 Thinking Of Selling?  Just Had Multiple Offers On A Property on The Market Less Than A Week The property I told you about last week at 5611 Bailey now has two offers on it.  We turned one down so that is a total of 3 offers. Buyers are fighting over houses but with fair offers.  They are not overpaying for properties.  They are just buying them. Oh, by the way, I have another listing on the market for 10 days at 2815 James Louis and just received an amazing offer. If you are thinking of selling, it is now time to move.  Don't worry about the whole sell/buy process.  Piece of cake.   Contact us Pamela MadoreThe Pamela Madore GroupPink House TeamKeller Williams Realty3955 S. Soncy Amarillo, TX 79119http://iloveamarillo.com806-290-1920 
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore The Pamela Madore Group http://iloveamarillo.com 4/2 on 3.5 Acres In The Country For $85,000?  What?  Really?  How Can I See It? This is a dream come true for a lot of country people.  It is outside of the city limits so come on animals. 5611 Bailey Veranda     5611 Bailey   5611 Bailey Master   5611 Bailey Master Bath   5611 Bailey   5611 Bailey The mobile is a 4/2 with updates and a metal roof.  It has a gas cooking stove and a large open floor plan.  The bedrooms are big and the master is secluded. Outside is where we live, though.  There is about 3.5 acre much of which is fenced into different sections.  For storage we have an old railroad car. You can not miss out on this property! Note: This featured property is no longer available. Please visit www.iloveamarillo.com...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore  The Pamela Madore Group 806-290-1920 Hoof Prints--Welcome to Amarillo Texas There have been millions of horse prints through Amarillo from its early history in the old west.  Even today it is not uncommon to see horses in pastures or riders along the side of the highway.   Amarillo is a city named in many country western songs, "Amarillo By Morning" and "Amarillo Sky" to name two.  Many of Louis L'Amour books traveled through Amarillo.  We are a unique city. If you have spent much time in Amarillo you have probably seen beautifully painted horses here and there around the city. Each horse is an exact replica of a Quarter Horse.  They are made of fiberglass and weigh approximately 125 pounds each--which is considerable less than a real quarter horse that weighs in at about...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
 Pamela MadoreThe Pamela Madore GroupKeller Williams Realty I Want To Buy A New House But I Have A House To Sell First!  What Do I do? First, don't panic.  This is done on a daily basis.  It may seem complicated, the thought of being homeless and all, but if you have an experienced Realtor (like me) to help you then you won't have a problem.    Let me give you a caveat here.  If you are looking for something that doesn't exist in Amarillo or on the planet at all, there may be trouble.     Most people think they should go see what is out there.  That is usually done by visiting open houses and the like.  That's OK.  But what if, I say what if, you found your dream home and you can't buy it because you don't even have your house on the market yet? The first step for you is to get qualifie...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore The Pamela Madore Group  Pink House Team  In this day of updates, granite and the like, we have taken the charm out of many '50s and '60's houses. We took out the pink bathrooms.   There is a history around the pink bathrooms. It started with Lady Mamie Eisenhower. Back in the era she was known as First Lady Pink. She redecorated the private quarters in the White House in pink. Thus a boom in pink bathrooms.  Other colors began to emerge. Yellow, blue, green, beige, peach, salmon, lavender and grey bathrooms for instance.  Who said that bathrooms had to be white? A rough guess is that during that period more than 5 million pink bathrooms were installed. Pink was a post-war color and if you have a look around Amarillo lately you will see a lot of pink popping up. Look at th...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore ThePamela Madore Group Five Must Do's To Prepare Your House For Sale And Increase It's Value There are many things you can do to get your house ready for sale.  I am going to list the top 5 that I have learned to make the most difference.  These are in no particular order of importance. 1. If you have your house for sale then you must plan on moving.  Right?  When a buyer walks though your house they want to see what it will look like with their things in it and not yours.   Will Cleaning up My Front Yard Help Me Sell My House? So in preparing to put your house on the market,  rent a storage building, buy some boxes and start packing. If you haven't used it in the last 6 months then there is a good chance you won't use it before you move into your new house. This is called...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group Keller Williams Realty http://pinkhouseteam.com Don't Lose Out On The Good Ones Just recently I was at a function where people that were in between jobs came and made many items for sale for the benefit of the PARC as it is called. I don't wear a lot of jewelry but there was a set of earnings with a matching necklace.  It was absolutely gorgeous.  Whoever made it knew what they were doing. Well, I vacillated. Do I want it?  Will I wear it?  Guess what happened.  Yup.  Someone else got the necklace.   I was able to salvage the earnings but I missed out on a good one.  Sad face. Sometimes you have to get out of your comfort zone and take a risk and jump.  If you don't you may only be wearing the earings. We had a new Foreclosure come on the market today.  Watch thi...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group http://myamarillohomes.com Funny Real Estate Stories Crazy things happen in the real estate business.  Some are good and some are not so good.  With increased technology, we all have to think  about outcomes. Julie Sauls Buyer's Agent The Pamela Madore Group    Julie, my buyer’s agent had clients that she had been showing houses to.  The clients had an enormous TV, surround sound, speaker deal that takes up a whole wall.  Theatre chairs and everything. It was difficult to find a house that would accommodate  such a huge piece of furniture. Client's Dream  Well, as luck would have it on Superbowl Sunday, they  found a house that looked like it might work.  The living room was big and the owner had a very similar set-up!  So Julie said, “why don’t you just sit in t...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore The Pamela Madore Group Keller Williams Realty http://iloveamarillo.com Why Did My House End Up As An Expired Listing? -The Pamela Madore Group Why Didn't My House Sell? The most common answer to that question is "my Realtor didn't do anything." Admittedly, Realtors have different approaches in their marketing and some approaches work better than others but overall we are on an equal playing field. If I ask my seller what is the most important thing I can do for you, the answer is "sell my house". If you want your house to sell you have to trust your Realtor.  I don't mean trust as in steal something from you, (which would be a good idea, too) I mean trust what they say.  When you trust your Realtor, you may have to listen to some things you don't want to hear.   I don't h...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group Keller Williams Realty http://iloveamarillo.com 3307 Palmer St DR Amarillo, TX 79106--The Pamela Madore Group Want to see the storm shelter first?   Pretty Cool--3307 Palmer As many storm shelters that I have seen in my life her in Amarillo, this is the first one I would really consider getting into.  You are definitely not in Kansas anymore. Oh.  The house.  Yes, there is a house with the storm shelter.  It is a 3/2/2 with a great size back yard complete with covered patio and storage building.  The kitchen has been totally remodeled and it also has a formal dining room.  The living room room is almost 28' long! In addition to the other 1895 sq, ft., we have a sunroom with about another 300 sq ft.  It is all rigged for heat and air.  Just needs to be hooked up. ...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreThe Pamela Madore GroupKeller Williams Realtyhttp://iloveamarillo.com   City View Home Reduced By $10,000 For Quick Sale By The Pamela Madore Group!  The sellers of the home listed at 7410 Alexandria in City View has reduced the price by $10,000 for a quick sale. They are also willing to use their Moving Company to move you completely free of charge within the Amarillo area. See Virtual Tour Here All The Details Are Here Get Your Personal Search App Here  Market Trends in 79118 This house was built in 2015.  The family lived in it one week and had a family emergency and must sell it.  They put many extras into the house because they thought it would be their forever home. Now you have that same opportunity--to make it your forever home.  Remember to go to www.greatschools.o...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore The Pamela Madore Group Keller Williams Realty http://iloveamarillo.com Recently I ran across a picture that really spoke to me.  If there was a narrative, I didn't read it.  The picture was enough. How To Build A Chicken   This man had a dream.  I am sure people looked at him as though he was crazy much like Noah.  But he didn't care if they laughed or not.  He had a dream. He was going to build a chicken. I imagine the first thing he had to do was sketch it out and take some time thinking about what moving parts he needs, what order he should get them, and where he would find them. With his outline and list of parts he began to look for the things he would need. He was probably on a tight budget. Who could imagine spending money on a dream this big and seemingly silly?  ...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Julie Sauls The Pamela Madore Group Pink House Team http://iloveamarillo.com Time to plant a garden.  Remember that marijuana is still illegal in Texas so try cucumbers, tomatoes, carrots, or watermelon or something pleasing to the eye and tasteful in the end.   3001 Rocky Road 1003 Rocky Road for only $96,000 is the place to be.  The back yard is fenced in to keep those pesky garden killers out. You can sit on your back porch, having a barbecue and watch your garden grow, The home is a 3 bedroom, 2 bath home with a separate office.  It has a two sided fireplace between the living room and the office.  The kitchen is roomy and has an open plan into the dining area and living area. The owner built an over-sized two car garage perfect for cars or an over-sized shop.  He put in 3 electric ...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group Keller Williams Realty http://iloveamarillo.com 4611 Cole St in Amarillo is now for sale at the low, low price of $88,000  The house is located in the Country Club/Avondale area.  The neighborhood is a mature and stable neighborhood. Priced at only $88,000 it is perfect for a first time homebuyer,  It has 3 bedrooms plus a bonus room that could be used as a 4th bedroom if needed.  If you need less bedrooms, one of the bedrooms from the converted garage has a fireplace and could easily be used as a second living area.  It has a way big back yard, too. Right now there are 28 houses that are active, 11 houses that are in pending status, and 32 houses had sold since Jan. 1.  The average sold per square ft is $67.38.  4611 Cole is listed at only $58 per sq ft. The sch...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group Pink House Team Keller Williams Realty http://iloveamarillo.com 7410 Alexandria---New Listing in City View Want an amazing house?  You asked for it and you got it with this 2015 built home.  Ceramic Tile Wood Look Who wants a split bedroom plan?  Got it.  Three bedrooms on the other side of the house from the master. Look At That Crown Molding Love the wood look but don't like the maintenance. No problem.  This house has wood look ceramic tile.  The bedrooms have carpet. There a bonus room upstairs that the Dallas Cowboys have taken over. Keeping Those Bad Guys Out Got some of those big pick-up trucks? Not a problem.  We have an over sized 3 car garage. It is big and it is beautiful.  Look at the pictures and video tour and then you decide. Call For Showing Today...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group Keller Williams Realty 806-290-1920 Hillside Terrace Amarillo March 2015 Real Estate Statistics Market Update for March 2015March was very interesting in Hillside Terrace As of today there are 20 active listings ranging in price from $159,900 to $256,500. The average DOM is 50 with an average list price of $105.26 a square ft. Twelve are new construction and 8 are resales. Look at this. There are 22 pending--more pendings than actives. They range in price from $149,000 to $215,000. Average days on the market are 83 and average pend price per sq ft. is $105.43. Ten of those are new construction and 12 are resales. Is our market shifting?   In March there were 12 closed ranging in price from $149,500 to $213,000. Average DOM 132. Average sq ft sold is $102.85. Of ...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group Keller Williams Realty http://iloveamarillo.com Selling or buying a house can be a very emotional time in one's life.  It doesn't matter why you are selling, you still had memories there good or bad. Sometimes buyers and sellers see these nebulous forms on the other side of the papers they sign and don't really think of them as real people.   There are ways to over come this--or at least help it.  Here are three examples verbatim as they told me. When I asked my sellers to put something together that I could show to buyers about why they bought their house, this is what they wrote. We chose the house because it was1) in our price range2) quiet neighborhood 3) no neighbor on one side of the home 4) shed in back yard5) much larger than our apartment (1 bedroom apa...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
The Pamela Madore Group Keller Williams Realty 806-290-1920 Hillside Terrace Amarillo March 2015 Real Estate Statistics Market Update for March 2015March was very interesting in Hillside Terrace As of today there are 20 active listings ranging in price from $159,900 to $256,500. The average DOM is 50 with an average list price of $105.26 a square ft. Twelve are new construction and 8 are resales. Look at this. There are 22 pending--more pendings than actives. They range in price from $149,000 to $215,000. Average days on the market are 83 and average pend price per sq ft. is $105.43. Ten of those are new construction and 12 are resales. Is our market shifting?   In March there were 12 closed ranging in price from $149,500 to $213,000. Average DOM 132. Average sq ft sold is $102.85. Of t...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreThe Pamela Madore Grouphttp://iloveamarillo.com How Do I Know If My House Is Priced Right?If it sells the first day. Recently, in Denver, a house went on the market and on Day 1 there were 70 showings and 25 offers. Denver is a seller's market right now and Amarillo is moving in that direction--maybe not as drastic. There are several things that come into play when pricing your house and, unfortunately, those things are a moving target. If you don't have a signed contract within 3 weeks, you are probably overpriced. As a Realtor I do not have a crystal ball.  All I have are the current statistics and trends. No matter how frustrating it is, THE BUYER SETS THE PRICE.   We have some cookie-cutter neighborhoods that are quite easy to price and be close.  We have other neighbor...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreThe Pamela Madore Grouphttp://iloveamarillo.comHow Accurate Are Credit Reports I cannot begin to tell you over the years how many times I have heard, "but that isn't mine" or "that isn't right" or "I paid that off".   And how that affects your credit score is serious.Think about how often your mail has a misspelling of your name or a mistake in your street address. Then imagine the possibility of error in a report that has much more information about you. Cases of mistaken identity, out-of-date information and outright errors can easily occur.Federal Reserve Bank of San Francisco   Each of the three big credit bureaus have at least 200 million credit files. So a 1% error would translate into 2 million consumers per bureau.Tara Siegel Bernard    Percent of consumers who file...
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