Archives for December 2022

PADRE ISLAND HOUSING REPORT – NOVEMBER 2022

December 21, 2022 By

Corpus Christi Association of Realtors has posted the Padre Island Housing Report for November 2022. Our active listing median prices have fallen to $369,000 this past month which is a fall of 3.9% compared to last November at this time!
CCAR continues to show us the data that shows active listings rising 39.6 % with a total of 148 properties this past month while inventory Has a slight decline to 2.7 compared to 1.8 last year during the month of November.

Days on the market for sale have risen to an average of 54 days on the market and the highest category for sales with 31.4% of all the sales was priced between $300,000 – $399,999. The market has softened a bit which is very typical for the Holidays. CPI Data has shown inflation is still lowering, and the fed still seems hawkish with their latest rate hike of .50 % with a commitment to continue raising rates until they get to see solid downward pressure on inflation with the upcoming March 2023 meeting.

Coastline Properties has been weathering the conditions of different markets since 1995. Our market is very unique and the word over the bridge and up North is “Padre Island is on the move.” There is more dirt turning on our little sandbar right now than we have seen in decades, exciting times ahead for residents.

Cheri Sperling is the owner of Coastline Properties with a dedicated team of agents specializing in residential listings, sales, and property management in the Padre Island real estate market. Coastline’s team is the most knowledgeable real estate office on Padre Island. No pressure style, patience, and an intimate understanding of the local market. They go to work for you!

 

Padre Island November 2022 Data (Click Pic below for Larger Image)

padre-island-housing-report-november-2022

Filed Under: buying a home, Corpus Christ Real Estate Data, corpus christi, home maintenance, Investment Property, Mortgages, mustang island, New Homes Padre Island, property taxes, Real Time MLS, realtors, selling a home

A Second Causeway To Padre Island ??

December 14, 2022 By

A delegation from North Padre Island will consult with TxDOT representatives in December to discuss the need for a second causeway between the island and Corpus Christi’s mainland. Although many locals have been considering it for years, the new expansion is giving the project greater momentum. District 23 State Representative Todd Hunter remarked, “The Port Aransas, Padre Island, Flour Bluff Zone, it’s one of the largest real estate areas currently.” Growth that was hardly noticeable twenty, ten, or even five years ago when Ted Mandel, a retired man, chose the island lifestyle. Mandel predicted that there would be more visitors and residents and that everyone would encounter traffic bottlenecks on weekends during the summer and spring vacation. Mandel claimed to have observed the drawbacks of having a single causeway.

Ted Mandel urged. “How many reminders do we need? One of the electricity poles on the causeway back there fell just a week ago,” someone said.
Owner of Hard Knocks Rod Lewis remarked, “It’s not just a safety problem. But if you close those specific lanes and people can’t get here, it’s a problem for businesses.
The decision to lead the charge to start construction on a second causeway was made by Mandel and Hunter.

You’re noticing more traffic, remarked Hunter. You’re beginning to notice various weather patterns that demonstrate the need for and the gravity of having evacuations, so occasionally the timing simply happens. A causeway has been considered in the past starting at Roddfield Road, going along Yorktown Boulevard through Flour Bluff, and crossing the Laguna Madre. Hunter stated, “We have a group looking at several areas. To even start addressing the issues of whether, when, how much, and who will pay for a second causeway, numerous studies, including wildlife studies, are required.

Padre Island’s Hardknocks Sports Bar & Grill will host a meeting on December 12 from 10 to 11:30 a.m.
TxDOT representatives are anticipated to attend a second meeting at Hardknocks on December 15 from 3:45 to 4:45 p.m.
In January’s legislative session, Hunter said he wants to be ready to speak with other state members.
Because there is a transportation need for the entire state of Texas as well as the local area, Hunter added, “We’re going to start looking at funding places statewide.”

Article Originated in Caller Times

Filed Under: BeachWalk Development, Better Business Bureau, chamber of commerce, cybersecurity, Harbor Bridge, Local Schools, Packery Channel, Todd Hunter, Water Exchange Bridge

BBB Tip: How to avoid purchasing fake tickets to events

December 5, 2022 By

As another Texas summer with record-breaking heat ends and the beginning of the Fall
season approaches, many people will be looking to get out and enjoy themselves at various
events across the state. Residents may be planning on watching their favorite sports team
compete this season or attending a concert featuring a famous musician. With the prices of
tickets to major events increasing and the ever-present threat of con artists capitalizing on
marketplace trends, BBB recommends consumers exercise caution when searching for and
purchasing tickets to their next event.

While most people know to be careful when purchasing tickets off a third-party website or
reseller, recent reports to BBB Scam Tracker show a concerning trend of scammers
disguising themselves as reputable ticket sellers when interacting with the victim. These
schemes often leverage the credibility of companies such as Ticketmaster to convince
victims to provide payment for tickets that are either fake, for the wrong event or priced
significantly higher than the going rate. Some may also advertise discounted tickets for
high-priced seats or sections, which turns out to be false once the tickets are received, or
the purchaser arrives at the venue.

In many worst-case scenarios, a consumer who is provided a fake ticket plans an entire
weekend around the event, including travel costs and a hotel room, only to be turned away
at the entrance. Victims may also find that the credit or debit card used to pay for the
tickets has a series of charges they do not recognize, resulting in them having to cancel the
card and dispute those transactions with their bank to varying degrees of success.
To help prevent fraudulent sellers from interrupting your event plans, Better Business
Bureau provides the following tips:

 Purchase directly from the venue whenever possible. Many consumers
automatically go to a secondary resale market to purchase tickets for an upcoming
event before first checking with the venue. Going directly to the venue may not only
save money but is also a way to ensure that a purchase is for a valid ticket. Venues
also often include what secondary resale organization they are listing their tickets on,
giving consumers an additional layer of protection from purchasing fake tickets.

 Consider your source. There is a significant difference between purchasing a ticket
from a professional ticket broker and a ticket scalper. While dealing with the latter
may result in obtaining valid tickets, the risk of encountering a scammer is
significantly greater. Always exercise caution when purchasing from sources that are
not members of the National Association of Ticket Brokers (NATB) or Better Business
Bureau.

 Research the seller/broker. Brokers who are members of NATB offer a 200%
purchase guarantee on tickets, protecting consumers that use their services.
Visit NATB.org to confirm you are interacting with a NATB-member resale company.

 Check for website encryption. It is good practice to always check for the lock
symbol in the website address, indicating a secured system is enabled on the site.
BBB strongly recommends against giving any banking information to websites that
are not secured.

 Know the refund policy. Only purchase tickets from a ticket reseller that clearly
details the purchase terms. Avoid sellers who do not disclose where the seats are located or where purchasers can pick up tickets. If the deal seems “too good to be
true,” trust your instincts and thoroughly investigate the seller before purchasing
tickets.

 Use protected payment options. Debit or gift cards, mobile banking apps and
cash transactions are risky due to difficulties recovering money if the tickets are
fake. BBB recommends using credit cards for all online purchases due to the
additional protections they offer consumers to obtain a refund.

 Verify tickets. If you doubt the authenticity of a purchased ticket, present it to the
“Will Call” or customer service center of the event venue. They will inform you if it is
legitimate or explain how a legitimate ticket for their venue should look.

If you have been a victim of a fake ticket scam, report it to BBB Scam Tracker. Information
provided could prevent another person from falling victim.
For more information about ticket scams, visit BBB.org.

Filed Under: Better Business Bureau, chamber of commerce, Charities, Corpus Christi Foreclosures, cybersecurity, home maintenance, Investment Property, Local Food, property taxes, realtors, Retail Tax