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Home Prices Rising In Amarillo

Florida Leads Country In Foreclosures, Almost Three Times Higher Than Nat'l Rate
Photo by Joe Raedle/Getty Images

Good news for home owners in Amarillo.  The average appreciation of homes is up 4% in our area.

The value of existing homes going up is due to a shortage of new home building.  This means there is no shortage of buyers and sellers can expect a premium for their property.

Most of the homes being purchased now at less than $250,000.

For more see this source article.

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