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Updated 12 months ago,
New housing development in Sherman, TX
I am planning to buy my first investment property in Sherman,TX. But I came across some youtube videos/advertisements of new housing development like the Bel Air Village, Heritage Ranch, etc. There are almost 10,000 new homes being built. Considering this, does it makes sense to buy a property in the area? Would there be appreciation in this market if the inventory is high and the population growth is not as much?
I am beginning my real estate journey and any insights on this would be helpful.