PRESIDENT'S PROGRAMS

Tyler Texas, and the surrounding piney woods of East Texas, is the place to be considering what's coming. And fiscally conservative politicians can't stop the onslaught.

The house of representatives passed (by a narrow margin) the "cap-and-trade" environmental bill yesterday. And that's going to further decimate the economy should the senate follow suit.
And the health care bill will surely pass, eliminating the last vestiges of restraint.

It's time to move to a safer place. Buy your country estate now. Email me at john@johncmartin.com. And let's find your place of peace and safety.

ECONOMISTS

Some of the world's best economists are saying that our government is keeping quiet about inflation. With the amount of money being spent (that we don't have), the value of the dollar will depreciate, sending prices up rapidly. The flood of printed money poured into the market is bound to cause inflation of prices and deflation of the dollar.

Why would the government keep this quiet? It's because rising inflation makes it easier to pay debt. Deflated dollars pay government debt faster and easier. Hyperinflation pays them off a LOT faster!

Make your available dollars count now. If you're in the market for real property, spend your money now before it's too late. Soon it won't be worth as much as it is right now. And Tyler Texas real estate is the place to come to find the home of your dreams.

OBAMADRAMA

It's time to make your move. So much money is being spent; so much money is being printed. The end result is inflation of prices and deflation of the dollar. That's the way it works.

Your dollar will not buy as much after today. If you wish to buy a home in Tyler Texas, or a ranch property in East Texas, it will cost less today than it will tomorrow.

Interest rates are going up. It's inevitable under these conditions. The worth of the dollar is going down. That, too, is inevitable under present conditions.

Safety, security and worth are (at least partially) defined in ownership of real property. And at www.johncmartin.com we are committed to the promotion of real property ownership. Call me and let's find yours.

GREATEST TAX SHELTER OF ALL!

Homeownership is the greatest of all tax shelters. Just consider:

1) You can deduct all of the interest paid annually.
2) You can deduct all of the property taxes paid annually.
3) You can get an equity loan on your home, pay off all your credit cards, and STILL deduct all the interest paid annually.
4) You can sell your home and, if you made a profit, it too comes to you tax free (up to a certain amount).

There has been talk over the years about limiting some of the goodies; but for right now this is the greatest tax shelter of all! Email me john@johncmartin.com, and let's talk!

HOME SALES

Home sales in and around Tyler, Texas were off by a significant percentage during April, as compared to April 2008. That, of course, leaves an increase in the number of homes on the market.

When there's an increase in the number of homes on the market, then prices begin to drop a bit. In a market in which home prices have remained relatively steady throughout this downturn, a reduction in price means an opportunity for buyers to get a better deal on the home that they want.

And also, in a market in which beautiful homes were already available at a fraction of the cost of many other areas, an additional reduction is especially attractive. So, click on the web site link above, and let's find yours. And email me at john@johncmartin.com with your criteria.

BIGGEST BLUNDER

There are still sellers out there who think that their house is the exception. They think that the other houses that are on the market are really overpriced; yet when you get to their house, they think that it should have a higher price because it is better. Overpricing a home because of an emotional attachment only makes selling it that much more difficult.

Listen to your realtor. An unrealistic view of the value of your home is the biggest blunder you can make.

John C. Martin, Realtor

NEW STATS

Thirty-year mortgage rates fell to 4.78 percent Friday, hitting their lowest level since Freddie Mac started tracking rates in 1970.
Adjustable-rate mortgages also eased, but one-year, adjustable-rate mortgages are averaging rates nearly the same as 30-year fixed rates, at 4.77 percent.
Freddie Mac officials reported borrowers who refinanced their mortgages in the first quarter reduced their combined mortgage payments by about $2.5 billion over the coming year.

The Pending Home Sales Index from the National Association of Realtors (NAR) showed a 3.2 percent gain to 84.6 from February, when it was 82. The index stands 1.6 percent higher than a year ago.

These statistics suggest that lots of people think it's time to buy a home. Homes in Tyler Tx are available for you right now; and they are WAY less expensive than in most other areas.