DailyBubble News
DailyBubble News

Amarillo real estate and housing market trends for this summer

The real estate market in Amarillo, Texas may see some changes this summer. Currently, interest rates are around 6-7%, which could make it harder for buyers to afford homes and potentially slow down the market. However, Amarillo sellers have been more flexible with pricing to attract buyers.

Realtor Felecia Middaugh from Keller Williams Realty mentioned that interest rates can vary for each individual, depending on factors like down payment, credit score, income, and employment stability. Last year, interest rates were also around 6-7%, with some as low as 5%.

Overall, Amarillo’s real estate market is experiencing some shifts due to interest rates, but sellers are adapting to attract buyers. It’s important for buyers to consider their financial situation and work with a realtor to find the best options in the current market.

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