Want to move to Amarillo and buy a house? Planning to spend a few years here? Sure. Housing is good quality and inexpensive.
In the long run we have a little problem coming up. It’s called the Ogallala Aquifer. That’s an underground water source running up and down the middle of the United States.
It’s what keeps all these nice farms green and healthy:
The entire Texas Panhandle gets the majority of it’s water supply from this underground system. Unfortunately, it’s going to run dry, and when it does whole cities like Amarillo, Texas, are in for a very big problem.
Real Estate values will crash.
That’s still 20 or 30 years out, though, so if you plan to buy and live here a few years, go for it!