You guys! Geez. You were just saying how bad it was that you let things get personal and here you go again.
I’ve never considered 3600 square feet a McMansion.
Again, folks, WHAT bubble?
La Paloma is a newer, high end neighborhood in Northern Amarillo near our hospital district.
Believe me, you have your high end neighborhoods, but alas, per the article I quoted earlier in the LATimes, they’ll soon be 8.5 to 11 percent cheaper soon.
Of course, the Moody report the article speaks of is saying better than usual things about Texas and the Southwest and especially compared to other, more volatile markets in the US.
You’ve recently derided each other on this forum for attacking the poster and not the statistics. I bring you statistics via a report by MOODY and all you can do is slam.
In keeping with the guidelines of this forum, the expletives I inserted have been removed.
You guys make me laugh. I was in here a few months ago offering a property for sale in Amarillo and man, you guys laid into me big time. It got VERY negative and although I’m typically thick-skinned, you somehow got under my layers and I felt defeated.
I felt somewhat vindicated because this is just the outcome I thought would occur. My ENTIRE point of any post I offered was that WHEN your market fails, AND you want to move your equity, CONSIDER Amarillo (or anywhere Texas).
I offered a property via web link for a luxury home ($167/square foot) here in Amarillo and the response was swift and punishing. Again, for those new readers; here’s the link: http://21sandhills.com
Someone (can’t recall who) offered up this bit of wisdom: “Why would I trade my bubble for yours”? Okay kids, read the first article from the LA Times (Martin Crutsinger) and see for yourself why.
Of course, I’m ready this time for the onslaught of flames and negativity, but now at least the tide is turning (we have no tides in Amarillo) on the statistics of just where the housing economy is sliding.
