Tyler Texas Update

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In 2007 Tyler moved up on the list of best performing cities in the nation, rising to number 38 of all 179 metro areas in the USA. [Best Performing Cities]

Tyler ranked 16th in US for lowest cost of living in retirement and high on recreation opportunities and major medical facilities. [Retirement]

Low taxes… the state of Texas is number two in the nation for lowest per capita taxes [Low Taxes] AND of all cities in Texas, large and small, Tyler has the lowest city tax in Texas!

Tyler’s cost of living is just 91% of the national average! [Low Cost of Living]

And Tyler, like all of Texas, resists the national home price decline trend. [Business Journal] In 2007 Texas home prices continued to rise, so your home purchase in Tyler benefits from a solid investment history. [First American]

Read for yourself even more of Tyler’s good news in education, record low unemployment, and quality of life at http://www.tedc.org/index.php.

Press reports of property values and the data used to support the headlines need a closer look. The impact in confidence on unaffected markets is now providing an opportunity to pick up bargains. This won’t last long once confidence returns this summer. Agencies Admit Skewed Numbers - May 1

The Fed has published some interesting maps showing county by county where the mortgage delinquency rates are and where the value of homes is increasing or decreasing. You will like what you see if you are a Texas investor.

The Tyler Economic Development Council’s report of March 5th, 2008.

Click on these items. 
Property Values Up, Job Growth, Low Unemployment, and Property Tax Rates Down.

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