Amarillo Real Estate Ranks 5th Strongest in the Market

There's good reason to celebrate as Amarillo real estate ranks 5^th strongest in the market, according to Veros Real Estate Solutions. Veros is predicting that Amarillo, Texas will see a modest 2.7% increase in home prices between March 2010 and March 2011. The biggest increase will be the top ranking city with a 3.4% increase in San Diego, California.

The index estimates that Amarillo real estate sales hit their peak prices during the third quarter of 2009, due to the home buyer tax credits, and will slide 0.8% during the fourth of this year only to begin its upward gain once again.

Veros' list of the five strongest projected real estate markets for 2010 - 2011:

1. San Diego/Carlsbad/San Marcos, CA +3.4%

2. Los Angeles/Long Beach, Santa Ana, CA + 3.1%

3. Houston/Sugarland/Baytown +3.0%

4. San Francisco/Oakland/Fremont, CA +3.0%

5. Amarillo +2.7%

Veros' list of the five weakest projected real estate markets for 2010 - 2011:

1. Deltona/Daytona Beach/Ormond Beach, FL -10%

2. Palm Bay/Melbourne, Titusville, FL -8.9%

3. Naples/Marco Island, FL -8.8%

4. Orlando/Kissimmee, FL -8.7%

5. Port St. Lucie/Fort Pierce, FL -8.6%

Amarillo, Texas homeowners are happy to hear the news that they've made the top five strongest real estate markets and to see these projected numbers. It's just good news to homeowners that their home values will be appreciating very soon once again.