POSTED: Tuesday, April 13, 2010 - 5:41pm
UPDATED: Thursday, April 22, 2010 - 2:34am
TYLER - The housing market has been up and down around the nation, but for the eighth month in a row, Tyler area home sales have increased.
Real estate agents say that makes them cautiously optimistic.
The first quarter of this year showed a more than five percent increase over the same quarter last year, but sales still aren't up to where they once were.
A representative from the Greater Tyler Association of Realtors says house sales are increasing every month, but it's by less than ten percent, which most economists say really points to just a steady market.
However, in Wood County, real estate agents say sales are through the roof. They're up by more than 46 percent, especially for vacation homes on the lake.
While all of this is encouraging news, agents say they're not ready to start celebrating just yet.
"We're better than we were last year, that's good news, is it a thriving, booming, boosting market? No, but we're better than we were last year," says Lucinda Kittrell from the Tyler Association of Realtors.
Foreclosures in East Texas are actually slightly on the rise as well.
The upside is you can often get a good deal on a foreclosed house.