Buyers are taking advantage of low home interest rates in Tyler - KYTX CBS 19 Tyler Longview News Weather Sports

Buyers are taking advantage of low home interest rates in Tyler

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(KYTX) - Home interest rates are low and Tyler realtors say,home buyers are taking advantage.

Compared to last year, month to month home sales have surpassed last years numbers already.
   
Realtors say the house buying boom is happening all over the lone star state, and it doesn't appear to be slowing down.

"People on average are moving to Texas a 1700 a day so the out look for 2014 and the rest of the year is good," says Lorri Loggins, President of Greater Tyler Association of Realtors.

 


Realtors say there is a 10 month supply on homes in Tyler. As for people selling their home, the average time on market is 3 months.

 

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