Any hope for my damaged tree?
So I recently purchased this house in the summer of 2013 and we have a fairly nice back yard. About a month or so ago, I noticed a tree that was whitening on one half and the bark is peeling away from the tree on the other half. I haven't ever owned a home before so this is the first time I have ever had to deal with this. I have been watering the tree like crazy hoping that will help but so far nothing. Is my tree dying? Is there anything I can do to save it? It is in full bloom right now and is very pretty but I am worried for the future of the tree. There are some little white things coming out of the bark in certain places as well. Does this indicate anything? Any help anyone can provide would be greatly appreciated!