Why are people flocking to East Texas?

East Texas is one of the best kept secrets in the country. We enjoy a mild climate, have plenty of water, full employment, lots of trees, lots and lots of lakes, great fishing, hunting, and of course... golf!

For the last 15 years East Texas and the Tyler area in particular have literally exploded with growth. New communities are springing up everywhere. And industries, both traditional and the newer service industries are finding the area attractive.

What does this mean for you as a buyer?

As a buyer you face a "seller's market." This means generally that good properties don't stay on the market very long. Good deals are quickly recognized and are gone overnight. Paying the "right price" for the right property will require work and good representation. Long term your investment at a time of low interest rates will give you the advantage. Short term, time is not on your side. You must be ready to act quickly when the right home appears.

What does this mean for you as a seller?

As a potential seller you face the competition of the newer developments and the relative low cost of building a custom home. Even though the market has many buyers our low construction costs put a cap on what sellers can ask for existing homes. Homes kept "up to date" will have the advantage. Land costs are cheaper further out and this adds to the pricing pressure on existing homes. You need a savvy marketer to position your property in the market. As a seller in the current market you are in the enviable position to consider trading up. Low interest rates and construction costs can work to your benefit if you are prepared.

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Why are people flocking to East Texas?

What does this mean for you as a buyer?

What does this mean for you as a seller?