Today an article came out in the local paper(Dyersburg state Gazette) about Dyersburg High School being recognized by U. S. News and World Report for excellence in education. Twice Dyersburg High School has been recognized as a Blue Ribbon School. Now Dyersburg High School has been awarded a bronze medal based upon criteria including college-prep curriculum and achievement scores across the curriculum. I personally have fond memories of Dyersburg High School and was in the 10th grade when the high school was built and put in service. The school has excelled over the years and has also been updated and others wings and buildings built on the campus. Here is a link to the website for Dyersburg High school. 02/26/2009

A couple of days ago I met with a family planning to relocate to the Dyersburg,Tn  area. Actually, one of the family members is relocating with a company called Southern Pride/Yield King. This company is relocating a manufacturing facility that was totally lost a few weeks ago do to the roof caving in from heavy snow sitting on top. Their facility which they are planning to open by April 1st  is located in Alamo,Tn which is about 25 miles south of Dyersburg,Tennessee. They will be relocating only a few employees but plan to eventually hire up to 30 hourly employees from this area. To get the manufacturing off the ground, they are hiring through ManPower and Labor Finders. I am familiar with manpower which is here in Dyersburg but not familiar with Labor Finders. I was told that right no... 02/24/2009

For the last few years I have personally sold many of the HUD foreclosures in the Dyersburg market area. About two years ago I hired one of my HUD foreclosures competitors to sell for my company. His name is Jackie Keeling and he is one fine agent. A few weeks ago a local real estate company closed and I hired my two other main Hud foreclosure competitors. Their names are Jennifer Campbell and  Joanne Reasons. I am so proud to have them both. Our company is closing a HUD foreclosure located on Millsfield Hwy(out from Dyersburg) tomorrow in Memphis and then closing another HUD foreclosure next week (located on Pennell Lane in Dyersburg). Currently there are two Hud foreclosures that have just been reduced and really worth the money. The first one is on Blake Cove and the other one is on ... 02/19/2009

A couple of days ago I wrote a post about a new restaurant possible coming to Dyersburg,Tn. In this time of downsizing and restaurants closing, what are the chances of getting a nice family restaurant to Dyersburg? This morning I met with representatives of a restaurant chain located in middle Tennessee. We talked over coffee at the local McDonalds then drove over and walked through the "empty" Ryan's restaurant building behind the Dyersburg Mall. Do you want  to see a "Dyersburg" family style restaurant with "fresh vegetables" as the backdrop of an exciting menu? In their other restaurants, they have seafood night on Friday nights.  This is a Christian owned and managed restaurant which also brings in gospel singing on the weekends. Does this appeal to you? The name of this company is ... 02/07/2009

For the last few days I have been in contact with a fairly new family restaurant chain based in middle Tennessee. About a year ago, Ryans pulled out of Dyersburg,Tn leaving a vacuum in the buffet,fresh vegetables style restaurants. A few days ago, a friend told me about stopping at a restaurant in middle Tennessee and also told me the placed was packed and the food was great! Richard and I agreed that Dyersburg could use this type of restaurant in Dyersburg. I have sent them lots of information about Dyersburg and they are excited about the possibility of locating in Dyersburg and hopefully in the ex-Ryan's building. They are coming on Saturday to look at the building. They told me that unless there is some unknown surprises with the building to expect them to use my services to negotia... 02/05/2009

A little over a week ago, an ice storm hit this region and left many without electricity. Although the city of Dyersburg did not lose power, the surrounding areas including Lake,Obion and parts of Gibson County did lose their electricity due to the ice and down power lines. Also hardest hit were parts of extreme southeast Missouri and northeast Arkansas. Right after this storm hit, Dyersburg had more people shopping than we have had during any normal time. The traffic was really heavy and stores packed. This only proved a point to me about Dyersburg Tn being a regional area. Back in eary 2005 I read an article in Site Selection Magazine about Dyersburg being a micropolitan city. The U.S. census bureau describes a micropolitan city as at least 10,000 people and less than 50,000 people an... 02/04/2009

Alan Hestor, the President of the Dyersburg/Dyer County Chamber of Commerce(for almost 8 years) came to my office to see me this morning. One of the reasons Mr. Hestor came to see me is to tell me he has been getting Google alerts for the term Dyersburg. He says he has been clicking into those Google alerts and reading my blog posts(most are on my activerain posts). I have been blogging for over 4 years and over 2 years on Activerain. Alan also explained to me some exciting things taking place at the Chamber and concerning the future of Dyersburg,Tn. There were some things I was sworn to secrecy on but he stated that I could announce those in a few short weeks.  I am excited about the future of Dyersburg,Tn and excited about being a Realtor here in the Dyersburg/Dyer County area! We hav... 02/02/2009

I own several residential rental units and have a part time security guy. He came in the office today and announced, "I am buying a FSBO".  This really shocked me because you hear so many horror stories with people buying for sale by owners! When I first hired Bobby I told him the reason I was hiring him was because he was the security expert and he had something to bring to the table. He is doing a great job by the way. I also told him that I am the real estate expert but I guess he did not hear that. Anyway, he told me what he was paying and then asked me, "what about that insulation I saw hanging down"? I then told him I know he was having the property inspected and his offer was subject to a home inspection, acceptable termite letter and appraisal? At that point Bobby said, "I assum... 01/19/2009

A few days ago the local paper ran a news story about a soldier from Dyersburg who was killed in Afghanistan. Here is that complete article. Today, his body was flown into the Dyersburg airport by the military. There was quite a ceremony at the airport for this fallen soldier and his family. Here is the story in today's state gazette. Please check back tomorrow and click on the paper link. After the ceremony, the body was accompanied by state troopers, local police, 30-40 motorcycles(the guardians) and family members along a route of 10-12 miles to the funeral home. As you can see from the pictures a lot of people turned out at my church(which was on the route) to show their respect to this fallen soldier and his family. I was so proud of all the patriots who turned out in 15 degree wea... 01/15/2009

Today I was reading a news article written in our local newspaper "The State Gazette". This article was quoting the current county mayor Richard Hill. Mr. Hill talked about the accomplishments of the city and county in attracting new industry and also making improvements to existing infrastructure. Mr. Hill stated that having new industry come into our city and county offsets the slower economy. He also stated that having potential new companies in the pipeline is also good for Dyersburg. I am not sure if this means that another industry is coming to Dyersburg or that we just have some prospects that might come to Dyersburg. You can read the entire story here. As you can see, Dyersburg,Tn is very progressive in attracting industry to our area! Dyersburg,Tn has a lot to offer both to new... 01/13/2009

As many of the readers know, Fannie Mae, Freddie Mac and Ginnie Mae are the primary sources of government backed loans in this country. These three entities are also getting hammered by a multiple of foreclosures. I will not go into the fraud(in this post) that was involved in many of these bad loans. What I do want to discuss the the method these government agencies are using to market these foreclosures. Here in the Dyersburg,Tennessee area(northwest Tennessee) the Freddie Mac foreclosures are given to a company in Trenton,Tn(30 miles away) to market. Of the three, this company does the best job of selling their foreclosures in the Dyersburg area. They do have the utilities turned on and have the properties marketable. However, they are located quite a few miles away from Dyersburg an... 01/08/2009

This post is primarily for Dyersburg realtors who are tech savvy. With a google alert for Dyersburg realtors, they will receive this blog post discussing one of Dyersburg's best realtors. On June 1, 2007 Jackie Keeling shut down his very successful franchised real estate company Coldwell Banker Real Estate Team. He approached me about working for Carousel Realty(no employee headaches). After discussing what I required from my agents and the split I could offer him, we both came to a mutual agreement and we sent off the paperwork for him to work "for" Carousel Realty. Jackie later told me he wanted to work with me because we share the same value system! I took that as a compliment as I have always respected the way Jackie did business! Jackie was and still is one of the top realtors for ... 12/29/2008

For the last several years, I have sold tons of Hud houses. However, they appear to get more challenging in the last few months. One that I have under contract, 1475 Keats in Dyersburg not only has some repair issues that did not show up in the original Hud listing but now has termites. For all you Realtors that sell Hud homes, you know that Hud has a home inspection done as well as an appraisal and termite inspection. The home inspection is available on the HUD side and other two reports are available upon request to Hud's management company for your area. I was on vacation last week and my lender called and asked me about a "fresh termite letter" so I called my termite inspector and asked him to check the house for termites. We had an older termite letter provided by Hud but not curre... 12/23/2008

One of the things I have noticed over the last few Christmas holidays is that family and friends travel into the Dyersburg,Tennessee area and many times get online to search for real estate deals in Dyersburg. If you are one of these people, let me introduce myself to you. I am Mike Frazier, broker/owner of Carousel Realty in Dyersburg,Tn. I have been a Realtor since 1998 and the owner of my own independent real estate company since 1998. I am a graduate of Freed Hardeman University in Henderson,Tn with a bachelor's degree in business management. Before college, I served 4 years in the U.S. Air Force and was honorable discharged in 1978 with the rank of sergeant. I am married to the former Gail Berry and we have two daughters age 11 and 15. Our family is active in the community and in c... 12/23/2008

If you are moving to the Dyersburg,Tn area and you are like most people, you want to rent until you learn the area. I have great news for you! Carousel Realty is offering you an apartment rental for month to month if you sign up as a client of a Carousel agent. Thats right, you do not have to sign a years lease but can go month to month. There is no other company in Dyersburg,Tn offering this type of service. We own over 100 units and currently(as of today) have 4 vacant apartments in the Twin Oaks complex.If you like, mapquest the location of 900 E. Tickle street Dyersburg,Tennessee 38024. As you will see this is a very good location and centrally located. These are 2 bedroom, 1.5 bath apts with stove,refrigerator(w/ice maker) washer and dryer connection and dishwasher. We also anticip... 12/16/2008

A few days ago I wrote a post about a new bank foreclosure(THDA) that I had just listed. I listed that property on November 19th and we just negotiated a contract this morming. Boy was that quick! Also, we listed a bank foreclosure at 512 Lewis Avenue here in Dyersburg on November 14 and we negotiated a sales contract on that one on November 20th. A picture of that house is just below. I have been writing about the foreclosures here in the Dyersburg area for quite some time and also have been telling you that the Realtors have been buying many of them. These last two properties are being bought by non Realtors so there are deals here for everyone. Here is a Dyersburg Hud foreclosure at a great price. I look for many more foreclosures to become available as the national economy slows and... 11/26/2008

A few weeks ago I wrote a post about selling Hud foreclosures and other foreclosures here in the Dyersburg Tennessee area. Larry Brewer called me last week about the foreclosures I am selling here. If you are located in middle Tennessee and are interested in foreclosures(especially around Franklin), Larry is your man. Here is a recent article he wrote about foreclosures. In that recent article that I wrote, I mainly discussed selling HUD(FHA loans that have defaulted) foreclosures. However, there are also other foreclosures that an investor needs to know about. Federal National Mortgage Association (FNMA or Fannie Mae), Government National Mortgage Association (GNMA or Ginnie Mae) and Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac) are all "secondary market lenders". There... 11/24/2008

A few days ago, I wrote a post about selling foreclosures here in the Dyersburg,Tn area. In that article I mentioned that many of the Realtors are taking advantage of the foreclosure opportunities here. However, lately I am getting lots of calls from investors who are also looking to purchase "great deals". When I walked into the office this morning, my agent Jackie Keeling told me he has an investor wanting to buy 10 brick 3-4 bedroom 2 bath houses. I also have a few investors who are also looking for great deals! Right now I would say that 75% of the calls coming in are people looking for rentals (to rent) and 20% of the calls are investors looking for deals to rent out to the 75% who are looking to rent. I hope I have not confused you! Although the calls from non investor buyers and ... 11/17/2008

In case you haven't noticed, Dyersburg has had its share of foreclosures. Here is a Hud foreclosure which I just negotiated a contract on and it is set to close in a few days. The original list price was in the upper 40's with the just negotiated contract price in the high 30's. I am not sure but I believe I sell more HUD foreclosures in Dyersburg,Tn than any other agent. Not only do I sell HUD foreclosures but I also sell Ginnie Mae, Fannie Mae and just plain bank foreclosures. If you are in the market for a good deal on a foreclosure, give me a call and lets get started buying foreclosures. Many of the Realtors here in the Dyersburg Tennessee area are buying (for themselves)at a brisk pace but I am not buying but helping clients increase their net worth by buying foreclosures with ins... 11/13/2008

When I go on a listing appointment I tell the sellers that if they want to sell their property they have to price it according to today's market. Many are still thinking they can get much more for their house than even the tax appraisal. I tell them in today's market even the tax appraisal is too high to price their house by. A home is only worth as much as similiar houses are selling for in the current market. For the owners listening to their professional Realtors, their houses are selling here in the Dyersburg,Tn area. What people do not realize is that although prices are down, when they sell their house at todays lower price they then can then buy at todays lower price! If you are in the market to sell your house, hire a professional who knows the market and the market area your ho... 11/11/2008