BBB Tip: Maintaining and servicing your HVAC System

Texas residents are no strangers to triple-digit temperatures during the summer months and
understand the importance of keeping cool during heatwaves. However, when the heat
arrives in force, many residents learn their current air conditioning systems cannot keep up
with demand. When indoor temperatures reach unbearable levels, consumers turn to
reputable HVAC contractors to help service their system or install a new one. Similarly to
hiring any other contractor to work on your home, Better Business Bureau (BBB) reminds
consumers to research a chosen company before providing payment or signing a contract.

Purchasing and installing a new HVAC system

HVAC systems are one of the most significant energy consumers in a typical home, making
it important to ensure they work as efficiently as possible. Although the average HVAC
system should last 10-25 years, many must be replaced sooner if they have been
overworked by insufficient insulation and unsealed air leaks. Like other major household
appliances, the cost of an HVAC system includes three elements – the purchase price, the
cost of repairs and maintenance, and the cost to operate it.

Before purchasing a new unit, conduct an energy audit to help you detect energy waste,
gauge the efficiency of your current system, and determine if conditioned air is moving
correctly. Many utility companies offer free or low-cost energy audits, but you can hire a
specialist to do a more comprehensive audit. Hiring a specialist will most likely cost more
money, but their experience is often invaluable when purchasing new systems.

Take steps to weatherize your home to keep cold air in and hot air out, or vice versa in the
winter. Check the caulking, weather stripping around doors and windows, and wall and
ceiling insulation. Weatherizing your home may be all you need to help your air conditioning
unit maintain a cool temperature indoors and will help reduce energy demands. An
adequately weatherized home may also enable you to install a smaller, less expensive
system to achieve the same results.

Consider energy efficiency from the start of your decision-making process. All air
conditioning units must meet minimum energy efficiency standards set by the Department
of Energy, but many products exceed the standard resulting in less energy used to operate
and run the system. Check if your energy provider offers a cash rebate or tax break for
buying and using energy-efficient products and consider it when comparing the operating
costs of different systems.

After installing your new system, the contractor should provide at least one call-back service
free of charge to check it is operating correctly. Double-check that this service is included in
the written agreement. Many contractors also offer service contracts which often contain a
limited number of service calls per year and emergency repair service. If you decide to
participate in a service contract, be sure that it describes what parts and services are
provided. Compare the service contract with the manufacturer's warranty so you aren't
simply duplicating the coverage you already have.
 
HVAC maintenance and repair tips 

Keeping your system well-maintained will prolong its life and save you money. Spring or
early summer is the best time for servicing cooling systems, while summer or fall are the
ideal times for servicing your furnace. You can also do routine maintenance by replacing
disposable filters or cleaning permanent ones. Before calling an HVAC contractor, check your

system’s model and spend the time to understand the license and insurance requirements
for contractors. Find more information about licensing requirements and verify your
contractor has a valid license, as recognized by the Texas Department of Licensing and
Regulation, by searching the contractor’s name or license number at TDLR.Texas.gov.
Contractors that do not readily provide this information should be treated with caution.

If you need repairs, be sure to get multiple written estimates for the job. BBB recommends
obtaining an estimate from a minimum of three contractors before settling on a final
decision to help understand the standard price for the project and have an informed
discussion with a chosen contractor. Estimates should include a complete description of
additional work required to install or repair a system, including installing ducts, registers,
electric wiring, and any other work needed.

Find a trusted HVAC contractor near you at BBB.org and review more home maintenance
tips at BBB.org/HomeHQ.

BBB Scam Alert: Fake Events & Phony Tickets

How the scam works

You see a fantastic deal on tickets to a summer festival in your area, usually through a link on social media. The event promises live music, all-you-can-eat meals, craft beer or wine, or other fun activities.

When you click the social media link, it takes you to a professional website with fantastic pictures. You enter your credit card information to buy tickets and think you are all set. But before you buy, do a little research. Whether the event is non-existent, merely disappointing, or you just bought phony tickets, the result is the same: someone pockets your hard-earned money!

BBB Scam Tracker has received numerous reports from people who purchased fake tickets to actual events or events that have yet to materialize.

A customer in Memphis reported buying tickets for $82.50 to a “Bubble Run” in June 2022 that never happened: “Facebook event page advertised the Bubble run as a free event. I purchased 4 ‘entries’ with glasses and tutus and they charged my debit card. They then cancelled the event refuse to respond to emails. They are still advertising on Facebook like the event is happening.”

One consumer who purchased tickets to a fake beer crawl reported: “Reviews across multiple platforms make it clear that these events are at best extremely misleading or at worst canceled. No refunds are given, even when their inconsistent and mostly-unreachable customer service email address responds to confirm a refund will be provided.”

How to spot a fake festival

  • Research before you buy. Search online for the festival’s name and ensure the name advertised matches the website. Scammers often use names that sound similar to those of real festivals.
  • Check for (working) contact information. Be sure the festival website has a real phone number and email address.
  • Watch out for prices that sound too good to be true. There is no way a festival can offer tickets at extremely low prices without losing money. If the prices are much lower than elsewhere, it’s likely a scam.

What can you do?

  • Pay with a credit card. You can dispute the charges if the business doesn’t come through. Be wary of online sellers that don’t accept credit cards.

  • Look for secure sites. The website should begin with HTTPS (the extra “s” is for security) and have a lock symbol on the address bar.
  • Avoid tickets sold on Craigslist, Facebook Marketplace, and other free online listings.  Scammers are skilled at providing realistic tickets and fake receipts. Check out third-party ticket sites at BBB.org before making purchases.

For more information

Read BBB’s tips for buying tickets to an event. For general information on how to avoid scams, visit BBB.org/AvoidScams.

For more advice, read BBB’s tips on online shopping. If you’ve spotted an event scam, report it to BBB ScamTrackerSubscribe to BBB Scam Alerts for weekly updates about new scams.

Home Sales Declining While Prices Soar to Record Highs

As the housing market struggles with a severe inventory constraint, existing-home sales continued to decline in June, while home buyers push up prices showing significant demand.

The most recent housing data from the National Association of REALTORS® shows that the median sale price of an existing property in June was $410,200, the second-highest amount ever seen in the previous 24 years. According to NAR data, the record high of $413,800 was achieved a year ago. According to Lawrence Yun, the chief economist for the NAR, home sales decreased in June, while home prices remained stable across most of the nation. “Limited supply continues to encourage multiple offers, with one-third of homes selling for more than the asking price.”

Homes are moving quickly off the market: According to NAR data, 76% of houses that were sold in June were available for less than a month. There were only the market for an average of 18 days.

Despite Obstacles, Buyers Are Confident

The majority of Americans still seem eager to buy a home despite high home prices, high mortgage rates, and a lack of housing options. The most recent Mortgage Service Index from TD Bank shows that 54% of consumers believe that the moment is right to make a purchase. However, the survey also reveals that home buyers are anxious, listing inventories and mortgage rates as two of their top stresses.

The scarcity of available properties is an issue for prospective buyers of real estate: At 1.08 million units, the total housing inventory at the end of June remained historically low. According to data from NAR, inventory is down 13.6% from a year earlier. Yun claims that there aren’t enough houses available for purchase. “A doubling of inventory can be easily absorbed by the market.”

However, recent data from the Census Bureau reveal that new home construction was down last month and isn’t making up the difference. Following four consecutive months of growth, production of single-family homes fell by 7% annually in June. The National Association of Home Builders attributed a decline in homebuilding activity and worsening affordability conditions for purchasers to higher construction costs and rising mortgage rates.

Regional Breakdown

Sales varied across the country last month, with the Northeast posting gains, the Midwest holding steady, and the South and West reporting decreasing sales, NAR’s report shows. All four regions recorded year-over-year sales declines.

  • Northeast: Existing-home sales rose 2% month over month to an annual rate of 510,000 but are down 21.5% from a year ago. Median price: $475,300, up 4.9% from the prior year.
  • Midwest: Sales were unchanged from a month ago at an annual rate of 990,000, falling 19.5% from one year ago. Median price: $311,800, up 2.1% from June 2022.
  • South: Sales decreased 5.4% from May to an annual rate of 1.91 million, a decrease of 16.2% compared to the previous year. Median price: $366,600, down 1.2% from a year ago.
  • West: Sales fell 5.1% from the previous month to an annual rate of 750,000, down 22.7% from a year ago. Median price: $606,500, down 3.4% from June 2022.

Data sourced from NAR

NORTH PADRE ISLAND HOUSING REPORT – JUNE 2023

Corpus Christi Association of Realtors has posted the North Padre Island Housing Report for June 2023. Our active listing median prices fell slightly the past month to $433,250 this past month which is 3.2 % increase than where it was compared to last June at this time!
CCAR shows us the data that significantly rising for active listings by 43.7% with a total of 217 properties this past month while inventory Has risen at 5.2 compared to 2.7 last year during the month of June.

Days on the market for sale are declining from last month with an average of 58 days and the highest categories for sales all with 22.2% of all the sales being priced between $300,000 – $749,999. The market is dramatically moving forward this summer the summer with properties available in many pricing categories. The North Padre Island’s newest development Whitecap NPI is nearly ready to start selling properties and we will have sales information shortly. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in June on a seasonally
adjusted basis, after increasing 0.1 percent in May, the U.S. Bureau of Labor Statistics reported today. The monthly increase in all goods was primarily driven by the index for housing, which contributed more than 70% of the increase. Over the last 12 months, the all items index increased 3.0 percent before seasonal adjustment. We will watch mortgage rates carefully each month, but it actually has not hindered prices locally.

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 June 2023 Data (Click Pic below for Larger Image)

padre-island-housing-report-may-2023

Ultraviolet Safety Month

July is designated as National Ultraviolet (UV) Safety Month. According to the
American Cancer Society, individuals with a high level of exposure to UV rays from
the sun have an increased risk of skin cancer, which is the most prevalent type of
cancer in the country. It is important to note that despite these statistics, skin cancer is
also one of the most preventable forms of cancer and can be avoided by reducing one’s
exposure to UV radiation. As such, I would like to share some important information
on the necessary precautions to take in order to safeguard against the damaging effects
of UV radiation this summer as recommended by the United State Department of
Health and Human Services (HHS).

One of the most important ways to protect oneself from overexposure to UV
radiation is to understand the risks. While the sun emits UV rays no matter the season,
exposure is greatest during the summer months, which also coincides with a time of
increased outdoor activity for most people. As one of the most popular tourism
destinations in the state, this is especially true in our area as both locals and visitors
alike spend more time outside participating in recreational activities such as fishing,
kayaking and swimming. It is also important to note that the sun’s UV rays are
strongest between 10 a.m. and 4 p.m. As such, HHS recommends seeking shade when
possible, during these hours to limit exposure.

Moreover, according to the Environmental Protection Agency (EPA), the
strength of the sun’s UV rays can vary from day to day due to many factors such as
changes in the weather. Limiting outdoor activity during days when the UV Index
forecast is high can also help reduce one’s chance of overexposure. You can check the
UV Index forecast to understand the exposure risks in our area daily by visiting Sun
Safety – The UV Index.

In addition to understanding your risk of exposure to UV radiation, another way
to reduce instances of skin cancer is by wearing protective clothing such as long-
sleeved shirts and pants. The Center for Disease Control (CDC) has also stated that UV
radiation is linked to many common vision issues such as cataracts. To protect against
damage from UV radiation, both the CDC and HHS recommend wearing broad-
brimmed hats and UV-blocking sunglasses.

According to American Cancer Society, wearing sunscreen is one of the most
important precautionary measures to take in avoiding overexposure to the sun’s
harmful UV rays. The United States Food and Drug Administration (FDA) recommends
generously applying broad-spectrum sunscreen to cover all exposed skin, which will
help protect against both ultraviolet A (UVA) and ultraviolet B (UVB) rays. The FDA
also recommends using a sunscreen with a sun protection factor (SPF) at a value of at
least 15. Sunscreen should be generously applied throughout the day, especially after
swimming and sweating.

This summer, I hope you will all join me in promoting UV safety by following
the recommendations outlined above. To learn more about the ways you can prevent
overexposure to UV radiation, please visit the HHS July UV Safety Month information
visit Fun and Breezy – Summer Safety Tips. To learn more about skin cancer,
including risk factors and early detection techniques, please visit American Cancer
Society.

If you have questions regarding any of the information mentioned in this week’s
article, please do not hesitate to call my Capitol or District Office. Please always feel
free to contact my office if you have any questions or issues regarding a Texas state
agency, or if you would like to contact my office regarding constituent services. My
offices are available at any time to assist with questions, concerns, or comments
(Capitol Office, 512-463-0672; District Office, 361-949-4603).

– State Representative Todd Hunter, District 32

Rep. Hunter represents Aransas County and Nueces County (Part). He can be
contacted at todd.hunter@house.texas.gov or at 512-463-0672.

PADRE ISLAND HOUSING REPORT – MAY 2023

Corpus Christi Association of Realtors has posted the Padre Island Housing Report for May 2023. Our active listing median prices rose quite a bit the past month to $460,273 this past month which is 20.3% increase than where it was compared to last April at this time!
CCAR shows us the data that significantly rising for active listings by 73.8% with a total of 186 properties this past month while inventory Has risen at 4.2 compared to 1.9 last year during the month of May.

Days on the market for sale are declining from last month with an average of 60 days and the highest category for sales with 31.8% of all the sales being priced between $400,000 – $499,999. The market is heating up as we are moving into the summer. The Island’s newest development Whitecap NPI will be selling properties soon as constructions continues to boom on Padre island. The Consumer Price Index (CPI) rose 0.1 percent in May, down from 0.4 percent in April, while the yearly rate rose 4 percent, compared to 4.9 percent in April, the lowest yearly inflation rate since March 2021. Federal Reserve officials left interest rates unchanged this past week, skipping an increase after raising rates 10 times in a row since March 2022. Still, policymakers predicted that they might need to raise rates two more times this year to keep driving inflation downward.

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 May 2023 Data (Click Pic below for Larger Image)

padre-island-housing-report-may-2023

Shred It for Sealife to Benefit Texas Sealife Center

FOR IMMEDIATE RELEASE

 

Coastal Financial and Padre Island Business Association (PIBA) are proud to announce their upcoming event, Shred It for Sealife, to benefit the Texas Sealife Center. This community shredding event and donation drive will be held on Saturday, June 10, 2023, from 9am to 12pm at Texas Sealife Center located at 14220 S Padre Island Dr.

A Shred-It truck will be on-site for individuals and businesses to dispose of their sensitive documents in a way that is secure and environmentally friendly. PIBA Ambassadors and volunteers will guide the public through the drop-off process. Donations of any amount are welcome and will go directly to the Texas Sealife Center, a nonprofit organization dedicated to the rescue, rehabilitation, and release of injured and sick sea turtles and other marine animals.

“We are excited to partner with Padre Island Business Association to host this event for the community.” Said Keith Clark, President of Coastal Financial. “Identity theft is a growing concern for my clients and many people, and we want to provide a safe and convenient way for them to dispose of their sensitive documents while also protecting the environment and supporting the efforts of the Texas Sealife Center. We hope to make Shred-It for Sealife an annual event and invite everyone in the community to participate.” Mr. Clark will also match the first $500 in donations.

What to Bring: Paper documents you’d like securely shred. Up to 5 containers (file boxes or equivalent) per person. Items NOT allowed: stiff metal, hanging folders, plastic bags, electronic devices, or items that will jam the shredder. You can contact the Coastal Financial office at (361) 949-3330 for more details.

Coastal Financial, LLC

Keith R. Clark, FA
14933 S Padre Island Dr
Corpus Christi, TX 78418
(361) 949-3330
keith.clark1@lpl.com

PADRE ISLAND HOUSING REPORT – APRIL 2023

Corpus Christi Association of Realtors has posted the Padre Island Housing Report for April 2023. Our active listing median prices dipped slightly the past month to $390,000 this past month which is 0.8% less than where it was compared to last April at this time!
CCAR shows us the data that significantly rising for active listings by 62.8% with a total of 166 properties this past month while inventory Has risen at 3.6 compared to 1.8 last year during the month of April.

Days on the market for sale are increasing from last month with an average of 88 days and the highest category for sales with 36.0% of all the sales being priced between $300,000 – $399,999. The market is staying quite strong as we move closer to summer. The consumer price index rose 4.9% in April 2023, the smallest increase in two years, the U.S. Bureau of Labor Statistics said Wednesday in a monthly inflation report. The FED still showing signs of inflation continue to slow down if not holding steady. The Summer Housing market is right around the corner, and we are anticipating an extremely busy season.

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 April 2023 Data (Click Pic below for Larger Image)

padre-island-housing-report-february-2023

PADRE ISLAND HOUSING REPORT – MARCH 2023

Corpus Christi Association of Realtors has posted the Padre Island Housing Report for March 2023. Our active listing median prices continue to rise the past month to $425,000 this past month which is 7.3& above where it was compared to last March at this time!
CCAR shows us the data that significantly rising for active listings by 54.6% with a total of 153 properties this past month while inventory Has risen at 3.1 compared to 1.8 last year during the month of March.

Days on the market for sale are steady from last month with an average of 79 days and the highest category for sales with 34.0% of all the sales being priced between $300,000 – $399,999. The market is keeping pace as we move deeper into Spring. The consumer price index eased to 5% in March 2023 on an annual basis, down from 6% in February, according to the U.S. Bureau of Labor Statistics inflation report. The FED still showing signs of inflation that is slowing a bit now. The Spring Housing market is well underway, and we are anticipating a very busy season.

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 March 2023 Data (Click Pic below for Larger Image)

padre-island-housing-report-february-2023

Happy Easter 2023

As Easter is upon us, it is a time for reflection and renewal. At Coastline Properties would like to take a moment to wish all of our valued clients and their families a very Happy Easter!

The Easter holiday holds special significance for many of us. It is a time to celebrate the promise of new beginnings, to reflect on the blessings in our lives, and to spend time with loved ones.

In the spirit of the season, we want to extend our heartfelt appreciation to each and every one of our clients for entrusting us with their real estate needs. We feel privileged to be a part of your home buying and selling journey, and we look forward to continuing to serve you in the years to come.

We also recognize that the past year has been challenging for many of us, and we want to express our gratitude for your continued support and trust in our team. We are committed to providing the highest level of service, expertise, and guidance to help you achieve your real estate goals, no matter what challenges may arise.

As we celebrate this joyous occasion, we hope that you and your loved ones enjoy a wonderful Easter filled with love, laughter, and the promise of new beginnings. May the beauty and hope of the season bring you peace, happiness, and many blessings.

Thank you again for choosing Coastline Properties as your trusted partner in all of your real estate endeavors. We wish you all a Happy Easter!