Mabank, TX

We began 2011 with hope for a brighter economy and dreams of a lake full of water and giggling kids. While our wishes didn’t fully come to be, there were many families enjoying the water and sales of homes around Cedar Creek Lake held up well this summer considering the adversity.

A number of positive-thinking families have allowed us to help them purchase homes this year, and we have appreciated their joyful attitudes. Fortunately, our buyers recognize that Texas is experiencing the worst drought since the 1800s and can see past the low water level.

On September 3rd, two homes are marked sold for the month and there are 38 homes around the lake with contracts pending. We are delighted that 4 of our selling client’s homes have contracts pending and are expected to close this month—a respectable share of the coming sales!

Home sales data is from the HCBR MLS.

For more information, please see our full Cedar Creek Lake Real Estate Newsletter.

The Cedar Creek Lake Festival of the Arts is this Saturday, May 21st, 2011 from 10-4 in downtown Mabank, TX.

The festival is brought to you by the Mabank Chapter of the Cedar Creek Lake Area Chamber of Commerce and Mabank Tourist Development!

Come enjoy a day of arts, crafts, live music, food and FUN on historic Market Street in downtown Mabank. You'll find artists from around the state, featuring work in all mediums, including watercolor, oil, acrylics, photography, pottery, handmade jewelry, metal art, wood and much more!

There'll be music on stage all day providing family entertainment - food and drinks will be plentiful and readily available. Come stroll on Market Street, visit with the vendors, listen to some music and look for that perfect piece of art.

Cedar Creek Lake, TX home sales for April, 2011 are not showing the improvement we'd hoped for. Perhaps the blue skies we're seeing now will bring more buyers to the lake!

Our waterfront home sales are doing well for the lower priced homes!

The statistics above are from the Henderson County Board of Realtors MLS.

Home Instead Senior Care and Family Extension Agency of Henderson County are hosting this health fair on Saturday, September 11, 2010 from 9a.m. - 1:00p.m. at the First United Methodist Church of Mabank.

The church address is 501 South Third Street, Mabank, TX 75147

The free health screenings include:

Blood pressure check, Pulse Oximetry, Hearing exams and hearing aid cleaning, Eye exams, message therapy, spinal alignment test and blood glucose testing.

For more information, please call 903-880-5025

Time magazine's recent article, "Rethinking Homeownership - why owning a home may no longer make economic sense" came at a special time in my daughter's life. Having married 2 weeks ago, she and her husband were evaluating purchasing a home. Then, Time published the article...

I commend the new couple on their financial wisdom. They have a plan! Buy something very inexpensive, pay off the mortgage in a few years, and then look to do it again with a bit more expensive home. This keeps their interest, taxes and other expenses in line with their capability to pay off the home, and they will truly build equity in their purchase.

This approach is similar to the very old way of paying cash or obtaining a short-term mortgage. I remember my parents buying a home with a 10-year mortgage. 20 years, the maximum then, was just too long. Buying to the maximum the bank will finance and owing 30 years of their lives to the bank is a young couple's path to misery in this financial era. We all have choices, and need to do what makes sense for us, not what others with smiling faces and our money, would like us to do.

My favorite billboard reads "Act your wage."