I have a peach tree little over year old has a white looking fuzz on the trunk and some branches. The tree had nice peaches this year made sure it didn't overdo itself and took blooms off. It's about an 8 to 10 ft tree.
Without seeing an image it is difficult, but from your description this could be a serious issue with a wood rot fungus.
The white fuzz as you mention is the reproductive bodies of the fungus.
Stressed or injured trees are susceptible to these fungi.
The tree is generally not salvageable and should be removed from the yard.
I do think you should do a bit of inspection and checking to be sure you don't have another issue instead since I don't have an image to look at.
Mealybug and Wooly Aphids produce white looking material. They would be treatable with Neem Oil.
Also Lichens grow on trees and cause no issue to the tree health, they also could appear white.
I am listing several links for you.
http://www.ipm.ucdavis.edu/PMG/r3102911.html
https://www.gardeningknowhow.com/plant-problems/pests/insects/mealybugs-control.htm
https://www.gardeningknowhow.com/plant-problems/pests/insects/woolly-aphid-control.htm
https://www.gardeningknowhow.com/ornamental/fungus-lichen/treatment-tree-lichen.htm
https://www.gardeningknowhow.com/edible/fruits/peach/common-peach-diseases.htm
This is the first year that I planted a peach tree. There are many peaches but they are not getting soft. I tried picking a few and putting them on the counter to see if they would soften but instead they turn rotten. When do you know when to pick the peaches? Others on the tree stay hard and they rot.
Deciding when to harvest peaches is a matter of personal preference. While most people prefer tree-ripened fruit, but fruit at this stage has an extremely short shelf life. Therefore, it may be better to pick the fruit two to four days before it is fully ripe. Here are some things to look for when harvesting peaches: When the fruit is easily pulled off the twigs then it is probably ripe. You should feel a certain amount of movement when you press in to the flesh of the peach with your fingers. When peaches change from green to an orange tint, they are nearly ripe. Ripe peaches will give off a pleasant, peachy smell.
What spray should I use to nurse it back to health?
Here is a link that address common Peach tree diseases and methods of treatment.
https://www.gardeningknowhow.com/edible/fruits/peach/common-peach-diseases.htm
I live in the Ottawa, Ontario Canada region, and I was wondering if it is possible to plant and eventually grow a peach tree from inside a house. And what does it consist of doing so, if it is possible? I'm not quite sure if the Ottawa region would be suitable for growing outdoors since we have figourous winters.
There are Zone 4 cultivators of peach trees.
A peach tree would not be a suitable indoor tree.
https://www.gardeningknowhow.com/edible/fruits/peach/peach-tree-care.htm
While removing some dead trees from the back of our land, the workers accidentally broke our peach tree. It was about 4 inches around. We tried to graft it back together, but the tree eventually fell over. There are several shoots coming out of the base of the tree, perhaps 1 inch off the ground. I was told that shoots do not produce fruit. Is this true?
They peach tree was likely a grafted tree and the root stock is from another tree of some kind.
The root growth likely would not be a Peach tree variety. It is best to dig up and remove and start a new tree.
I'm sorry your tree was lost.
Can I take a very small peach tree rooted this year and put it a pot and grow it as miniature?
When we bought our house, we were told that one of the plants was a Japnese dwarf peach tree. I have looked on the internet and our tree indeed looks like a dwarf peach tree but it is small, only about 3-4 tall, and it is about 5-6 years old. This tree produces fruit each year, but each peach is only about 2 inches in diameter. I have read that dwarf peach trees produce normal sized fruit. So my question is, is the fruit our tree is bearing edible?
Here are a few links for you with more information.
https://www.gardeningknowhow.com/edible/fruits/peach/fertilizing-peach-trees.htm
https://www.gardeningknowhow.com/edible/fruits/fegen/reasons-for-small-hard-fruit.htm