RECENT BLOG POSTS
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As a Real Estate Broker specializing in Foreclosures, the #1 Questions asked is: "Are there any good deals out there?" My answer is always, if it's that good of a deal, it has major problems: foundation, mold, missing copper, easement issues, etc. The foreclosure market in Tyler has increased...
02/28/2009
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Texas Veterans are sitting on a gold mine but may not know it. The Texas Veterans Land Board (VLB) will finance at least an acre of land for Texas Vets. The maximum amount that can be financed has increased from $60,000 to $80,000. This benefit is only available to Texas Veterans. The land wil...
01/04/2009
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An updated Market report was recently released by the Real Estate Center at TAMU. As expected, sales continue to decline in every city listed since last year. In my opinion, this will continue to happen throughout 2009. In our market, I have witnessed several builders/develops go out of busine...
12/29/2008
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It is official, we are in a recession! Just from looking at the real estate market in Texas, it appears that the recession started months ago. Very few Texas cities didn't have a decline in home sales and/or an increase in median price. Tyler, TX sales were down over 20% but the median sales p...
12/04/2008
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It has officially been announced that "We are in a Recession" and it is apparent in some real estate markets across Texas. While some market have been hit hard, others are still booming. Below is a snapshot of cities across Texas. Note that Tyler sales were down over 20% from last year but the ...
12/04/2008
I am the managing broker for Harold Carter, REALTORS - Tyler. Harold Carter, REALTORS is the exclusive HUD Listing Broker for 22 Counties in Northeast Texas. What is a HUD Home? A property that has been acquired by the government (U.S. Department of Housing & Urban Development) after the owners ...
10/28/2008
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How do I stress the importance of not letting the Banks win? Homeowners, don't let your bank or lender strip you of your equity in your home. If you have been in your home for a 5 years or more, you should have equity. What is a short sale? A short sale allows your bank or lender to accept an ...
10/28/2008
The current real estate market is tough but in East Texas, it is not as bad as other areas. We have seen a decline in sales and home values and the unemployment rate is increasing due to some major manufacturing job layoffs. It has been my experience that Homebuyers are being more selective now ...
10/28/2008
The real estate market in East Texas is still alive and well. Although there we have seen a decrease in sales, overall our home values are about the same as last year and new construction and new developments continue to pop up. New construction in our area averages about $100 sq ft but depends ...
10/07/2008
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It has been soooo HOT in Texas that I have found it hard to dress comfortable and continue to maintain my professionalism. I always dress professionally when I have a closing or an appointment with clients or customers but because I specialize in foreclosures, I dress comfortable and causal to p...
08/14/2008