Home Sale Prices Down - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Home Sale Prices Down

AMARILLO, TEXAS - If your Amarillo house sells tomorrow, it will probably be worth thousands less than just two years before. Back during the eight-thousand dollar tax credit for first time buyers, sales surged an extra thirty percent, but about two months later:

"Houses are not moving as quickly as they had in the been in the past. and you have to be competitive," said Lisa Harris, Amarillo Association of Realtors President.

In fact in 2008 the average sale price of homes in town topped $141,000. Today, that's dropped to about $139,000.

Harris says that since the tax credit for first-time home buyers, there's just not enough qualified buyers to match the number of houses on the market. That's leading to some tough competition and lower prices.

  • Today's Local News HeadlinesToday's Local NewsMore>>

  • Clovis-Carver Library now has WWII Japanese American internment exhibit

    Clovis-Carver Library now has WWII Japanese American internment exhibit

    KFDAKFDA

    The Clovis-Carver Public Library now has an exhibit that shows the history of Japanese American Internment camps in New Mexico during World War II (WWII).  

    The Clovis-Carver Public Library now has an exhibit that shows the history of Japanese American Internment camps in New Mexico during World War II (WWII).  

  • Warford Activity Center renovations underway

    Warford Activity Center renovations underway

    Tuesday, March 28 2017 11:40 PM EDT2017-03-29 03:40:12 GMT
    Source: KFDASource: KFDA

    Amarillo's former North Branch YMCA is closer to opening as the Charles E. Warford Activities Center. Now that the facility is free of asbestos, construction and renovations are set to begin soon. First up is the indoor swimming pool. Tuesday evening the Amarillo City Council approved a $488,031 contract to renovate the pool at the center. "The pool was built in the 1960s, so we're dealing with a pool that had cast iron drain lines...

    Amarillo's former North Branch YMCA is closer to opening as the Charles E. Warford Activities Center. Now that the facility is free of asbestos, construction and renovations are set to begin soon. First up is the indoor swimming pool. Tuesday evening the Amarillo City Council approved a $488,031 contract to renovate the pool at the center. "The pool was built in the 1960s, so we're dealing with a pool that had cast iron drain lines...

  • United Way announces 2017 funding allocations

    United Way announces 2017 funding allocations

    Tuesday, March 28 2017 9:52 PM EDT2017-03-29 01:52:43 GMT
    Source: United Way of Amarillo & CanyonSource: United Way of Amarillo & Canyon

    United Way of Amarillo and Canyon announced the 26 programs that will benefit from the $1.6 million raised during the 2016 annual campaign.

    United Way of Amarillo and Canyon announced the 26 programs that will benefit from the $1.6 million raised during the 2016 annual campaign.

Powered by Frankly