Candy Evans
Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.
Happy Fourth of July, 2012. We live the American Dream of real estate here in Texas more than anywhere. Maybe it’s because we learned our lesson back in the 1980’s — R.I.P. Danny Faulkner. Not only did we learn, we RETAINED. When I was in Denver at the National Association of Real Estate Editors Conference last month, Mark Fleming, the dashing economist for CoreLogic, told me over drinks that what saved our butts this time around was our state set limits on HELOCs, or home improvement loans. In Texas, we are limited on what we can borrow against our homesteads. That is what kept many of us from over-borrowing, so when the market fell we were not left with underwater loans*. I walked into our bank yesterday, Comerica, which I LOVE — who else sends you a thank-you note when you pay off a loan? But more than three people asked if they could offer me a home-improvement loan in the course of one hour. You know me, I’d buy a second home in a heartbeat! Our laws in Texas saved us, said Mark, in spite of ourselves.
We live the American Dream of real estate here in Texas more than anywhere. Maybe it’s because we learned our lesson back in the 1980’s — R.I.P. Danny Faulkner. Not only did we learn, we RETAINED. When I was in Denver at the National Association of Real Estate Editors Conference last month, Mark Fleming, the…
Ryan Jones over at the Times-Picayune reports that New Orleans Saints coach Sean Payton has apparently, cryptically filed for divorce from his wife, Beth. Tricky, but smart move here: a Tarrant County divorce petition was filed on June 14, the filings using initials so as to avoid making the Paytons’ identities public. Ryan says: They…
Sean and Beth Payton have this yummy beach house on the Gulf coast of Florida in between Panama City Beach and Grayton Beach, Florida. Commenters on NOLA have said he’s fighting to keep it. If I were his wife, I’d fight like hell for it. Hell hath no wrath like a man who comes between…
Would these sports guys please just calm down, it’s a mid-week holiday for God’s sake. Now comes word that Jason Terry is leaving the Mavericks and heading to the Celtics in Boston, or B-town. I’ll be up there in a couple weeks and check on The Jet’s house-hunting — already have some ideas, in fact. Meantime,…
