Tyler, Longview among Improving Markets

TYLER — Tyler and Longview are among 12 Texas cities on the March National Association of Home Builders/First American Improving Markets Index (IMI). The index identifies metropolitan areas that have shown improvement in housing permits, employment, and house prices for at least six consecutive months. The IMI listed more improving markets in Texas than any other state. “The point is that economic conditions have been consistently strengthening in a diverse array of individual markets nationwide,” said NAHB Chairman Barry Rutenberg. Other markets in Texas that made the list included Austin, San Antonio, Amarillo, Dallas, Laredo, McAllen, Midland, Odessa and Victoria.

“As the economy is improving, our builders are seeing more and more clients who may have been watching and waiting for the last few years,” said Libby Simmons, executive vice-president of the Tyler Area Builders Association (TABA). “These numbers are a continuing sign that things are improving.” In fact, the number of houses in TABA’s upcoming 59th Annual Parade of Homes has increased significantly over last year. TABA officials say that signals additional strength in the Tyler area.