House shopping in Tyler? Foreclosures could make houses more affordable

Wednesday, April 6, 2011 - 4:47pm

If you are shopping for a house in Tyler, we have good news for you!

Soon you may have plenty houses to choose from at an affordable cost.

Figures from data analysis group Core Logic say the rate is up 1.25- percent, which is a little higher than this time last year.

But, the numbers show the Tyler rate is actually lower than the national foreclosure rate.

Kellar Williams Realtor, Terry Miller says most of these stastistics are homes that have been vacant for a while.

So having them back on the market is good for Tyler's economy.



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