Archives for January 2014

Drones: The Next Big Thing in Real Estate Photography?

Move over Google Earth. The Drone may soon be invading the aerial photography kingdom. These drones don’t listen to private conversations, nor are they combative, but they can be a highly useful tool for Real Estate Agents!

Traditionally, aerial photos for Real Estate were taken by photographers in privately hired helicopters, and even more recently, Google Earth.

But a new twist may be coming onto the scene – remote operated Drones equipped with cameras. The operator is able to direct the drone around and above any piece of desired real estate.

If you haven’t already droned me out (pun intended), consider how an aerial view can be a worthy exposure. As a seller, you are able to showcase the property in its entirety, along with its surrounding areas. Favorable differences from your standard point-and-shoot camera might more effectively show yard size vs. house size, the leveling of the land, angles, quality of roofing, etc – These features may be hard to visualize unless seen from a bird’s eye view.

A house on the water is said to be valued around 3 times that of an inland home. The use of a drone that would show proximity to water, would be valuable.

But don’t go placing your orders just yet. In an effort to protect the surveillance of private properties, Texas law passed Sept. 1 states that using drones for real estate photography is illegal and punishable by a fine. It might be three years before the savvy camera-carrying unmanned aircraft can capture your property of choice.

Loophole? House Bill 912 Senate Version (1E) states that “Code include a person who: (8) with the consent of the individual captured in the image and the individual who owns or lawfully occupies the real estate property captured in the image.”

Here’s to hoping we’re at least many decades away from robots selling the properties, too!

 

Cheniere Energy, Corpus Christi Liquefaction Project Update!

Chenier Energy coming to Corpus Christi

This past Thursday, Jan. 9, at the Padre Island Business Association lunch, we had the pleasure of listening to guest speaker Jason French update us on the latest Cheniere liquefaction plant. To be located just northeast of Corpus Christi on La Quinta Channel of Corpus Christi Bay.  French, Director of Government and Public Affairs for Cheniere Energy, described this as a time of “energy revolution” due to the “rise in manufacturing because of mass supply of oil and gas in Texas.” The plant, which should take roughly 5 years to complete, will start construction this time next year for an estimated completion year of 2018.

In a nutshell, liquefaction is the process of super cooling liquid natural gas to make it safer for long distance transportation.

Click here to read all about the liquefaction process and what this plant will do:
http://www.cheniere.com/corpus_christi/corpus_project.shtml

Benefits to the public?

This $10.5 billion dollar project will bring in jobs for approximately 300-400 people per day
during construction as well as permanent employees once completed. French also estimated
about 50,000 permanent indirect exploration and production jobs, a $5.2 billion dollar secondary
economic impact to the greater Corpus Christi region, and a $7 billion dollar reduction in trade
deficit.

2013 was Good……2014 should be even Better!

Austin Business Journal:  Corpus Christi blows Austin away in construction job growth!

Best Performing Cities Index by the Milken Institute:

Corpus Christi ranks 17th best performing Large City in America.

Corpus Christi is the 5th fastest metro employment growth in the Nation.

Global Insight for the US Metro Economies report: Based upon Gross Metropolitan Product, Corpus Christi ranks 10th!

Projects breaking ground this year:

Cheniere Energy – $12B LNG plant

Voestalpine – $700 million processing plan (largest Austrian project in the US)

M&G Resins – $900 million PTA/PET plant(the largest such facility in the world)

Occidental Petroleum announced a joint venture with Mexichem to build a $1.5B project in Ingleside.

Corpus is becoming a ‘global’ community.  TPCO (Chinese), Voestalpine (Austrian), M&G Resins (Italian), Trafigura (Swiss), Mexichem (Mexican) are sending people to Corpus regularly to do business ‘right here!’

Tourism:  Spring/Summer Schlitterbahn Country Beach Water Resort opening  their park/resort on North Padre Island’s – first phase.

New Home Starts:  Up 60% over the last two years.  Homes sales are up, prices are up and major construction are up!

So, come on 2014…….we’re ready for you!!!

Come Coast Awhile………with us!