Texas Quarterly Housing Report for 1st Quarter of 2020

April 29, 2020 By

Homes sales and median home prices across Texas experienced a moderate increase in the first quarter of 2020, according to the 2020 Texas Quarterly Housing Report released Wednesday by Texas REALTORS®.  Although this time period includes the beginning stages of the COVID-19 outbreak, the statistical representation of its impact on the Texas housing market will be made more apparent in the second and third quarters of the years.

The housing statistics for the first three months of the year show the continuation of more than a decade of growth in the Texas housing market.  However, the rapid growth of the ‘global’ pandemic we are facing is poised to affect this momentum. Before this unprecedented event and the economic downturn and shelter-in-place orders, our biggest market concern was the lack of affordable housing to meet the demand.

during the first quarter of 2020, 75,052 homes were sold in Texas. Statewide, the median price increased by 5.1% to $241,500.  The largest percentage of homes sold ACROSS the state was in the $200,000-$299,000 price range.

Because of COVID-19, many sellers have been pulling their listings to wait out the quarantine.  This will only add to our housing shortage and strained inventory availability.  Sales are anticipated to drastically drop.  In the long-term, there will be continued demand within the Texas housing market as long as the job market is able to rebound quickly they are saying.

The good news is we went into the disruption with positive velocity and will be ready to come out the other side with a swift recovery.  In the meantime, opportunities are everywhere, and we Texans always outperform expectations

Filed Under: buying a home, Corpus Christ Real Estate Data, COVID-19 Virus, home maintenance, Mortgages, property taxes, Real Time MLS, realtors, selling a home

2020 State of Padre Island Real Estate

April 21, 2020 By

A new decade can bring excitement, anticipation, and chatter of changes. But one thing that doesn’t seem to change is what’s most important in the real estate market: As we real estate experts commonly quip, it all comes down to three simple things: Location, location, location! And lucky for us, that’s the one absolute permanent asset we have – our sparkling coast and sunny skies. Not only is Texas itself seeing exponential growth, so are we here on the Island.

Future job growth in Corpus Christi over the next ten years is predicted to be 25%. Unemployment rates are down, home prices are up, and the Texas economy is strong. As the state keeps attracting new businesses and cranking out jobs, these trends are only likely to improve.

The Island, known in large for its tourism, has seen and will continue to see phenomenal growth over the past few years. With new industry and population increases, it’s no wonder the real estate market is healthy and busier than ever.

So what if you wanted to buy or sell here? By comparing these price trends, you’ll have a good idea of where the market could be heading. The median listing and sold property prices (below) are calculated based on the market activity each month. Our Island is valuable!

Listed vs. Sold

It’s important to understand the difference between “list price” (what sellers are asking for) and “sold price” (what buyers are actually paying).

Let’s break it down!

FOR SALE – through February 15, 2020

Interior Homes

  • 68 homes currently listed for sale

Statistics

  • Low price – $200,000
  • High price – $785,000
  • Average price – $375,258
  • Average square footage – 2,255

Waterfront Homes

  • 81 homes listed for sale

Statistics

  • Low price – $309,900
  • High price – $4,500,000
  • Average price – $671,596
  • Average square footage – 2,505

SOLD HOMES – January through February 15, 2020

Interior Homes

  • 16 sold interior homes in the first month and a half of 2020

Statistics

  • Low price – $201,250
  • High Price – $383,000
  • Average price – $286,522
  • Average square footage – 1,878

Waterfront Homes

  • 15 sold waterfront homes in the first month and a half of 2020 (up 216% from the same timeframe in 2019; 6 houses)

Statistics

  • Low price – $250,000
  • High price – $825,000
  • Average price – $454,833
  • Average square footage – 2,096
Filed Under: buying a home, Corpus Christ Real Estate Data, corpus christi, North Padre Island, port aransas, property taxes, Real Time MLS, realtors, selling a home

Chamber of Commerce COVID-19 Update

April 6, 2020 By

Good morning,

As part of our commitment to providing our members with the information necessary to address the COVID-19 crisis, we would like to invite you to listen in to our Chamber Update on the CARES Act. This call will take place on Tuesday, April 7th at 1:00 PM Central.

Our guest speaker for the call is Kris Denzel, Senior Director for Policy with the United States Chamber of Commerce. Kris will be on the call to walk us through provisions in the CARES Act that are designed for our members and explain how to apply.

You can join us by dialing in at: (346) 248-7799 or via Zoom at: https://zoom.us/j/553643721?pwd=dGNSNU5OZmd2SW1HcERiaGNMK094Zz09

Meeting ID: 553 643 721
Password: 019633

Filed Under: chamber of commerce, COVID-19 Virus

Corona Virus Shelter In Place , Lockdown, Self-Quarantine

March 24, 2020 By

#COVID19NEWs Corona Virus News

Here is an informative video that shares with you the difference between “Shelter in Place, a Lockdown & Self Quarantine!

Here is more information from the city of Corpus Christi Texas regarding the COVID-19 Corona Virus.

http://www.cctexas.com/coronavirus

https://www.cdc.gov/coronavirus/2019-nCoV/index.html

https://www.nih.gov/health-information/coronavirus

Stay Safe Everyone… Coastline Properties Team!

Filed Under: COVID-19 Virus, Hurricane Aide, Local Schools, North Padre Island, padre island events, port aransas, spring break

Padre Island Housing Report March 2020

March 12, 2020 By

The end of February, the median sale price on homes was 326,500 which is an increase of 2.9% over last month here on Padre Island.

New land development projects continue to increase with the building of a new Starbucks Coffee house at the development near the JFK causeway bridge called packery pointe.

Days on the market for sale has decreased to an average of 93 days on the market. 31.8% of all the sales in February were priced between $300,000 – $399,999. Closed Sales were flat 0% in the month of February. The market is a bit soft but spring is nearly here!

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 January 2020 Data (Click Pic below for PDF)


padre-island-housing-report-december-2019

Filed Under: buying a home, Corpus Christ Real Estate Data, Mortgages, mustang island, New Homes Padre Island, North Padre Island, Park Road 22 Proposed Bridge, property taxes, realtors, selling a home

Padre Island Housing Report February 2020

February 12, 2020 By

The end of January, there were many available properties for sale on Padre Island

Days on the market for sale has increased to an average of 148 days on the market. 41.2% of all the sales in January were priced between $200,000 – $299,999. Closed Sales were up 43.2% in the month of January. The market is certainly on it’s way up.

Interest rates are supposed to remain low. We will be updating buyers with the increase of new loan programs are coming out. Lots of new development projects are happening on Padre Island including the New Park Rd. 22 which has gone through its final approval at City Council and construction should begin sometime after spring break.

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 January 2020 Data (Click Pic below for PDF)


padre-island-housing-report-december-2019

Filed Under: buying a home, Corpus Christ Real Estate Data, Mortgages, New Homes Padre Island, property taxes, Real Time MLS, realtors, selling a home

Barefoot Mardi Gras 2020 – Fat Friday Party

January 24, 2020 By

The Barefoot Mardi Gras season will be featuring a pre-event party that will serve as fundraiser for our two chosen charities: The Island Foundation of Schools & Big Brothers Big Sisters.

ATTENTION SILENT AUCTION DONORS NEEDED: 🤩

✅Request Letter for Donor’s – http://bit.ly/FFReqDon
✅Fat Friday Donation Form – http://bit.ly/FFDon

The Fat Friday Party is Friday, February 7th at 6:30pm at Mikel Mays Beachside Bar & Grill . It will feature music, food and a silent auction with all proceeds benefiting our two deserving charities. If you are able to please donate to this fun event and great causes, please complete the attached form and give it to the PIBA ambassador listed on the attached donation form. Or your Donations may be delivered directly to Coastline Properties Real Estate on the island. We can also arrange for a pickup, upon request.

Contacts: Meagan Thomas Furey & KimandRyan Pendergraft
Co-Chairs & Ambassadors for the BFMG Fat Friday Party
Meagan (720) 308-6577 – Kim (361) 446-3635

Filed Under: Barefoot Mardi Gras, Holiday Parties, North Padre Island, padre island events, Restaurants

Padre Island Housing Report Dec 2019

January 16, 2020 By

As of the end of December, there were a number of waterfront homes on Padre Island, For Sale. The pricing ranged from $293,000 to $4,500,000.

There are many dry lot homes on Padre Island, For Sale.
The pricing ranges from $200,000 to $950,000.

Days on the market for sale has decreased to an average of 103 days on the market. 42.9% of all the sales in December were priced between $200,000 – $299,999. Closed Sales were up 2.9% in the month of December. People are eager to get the New Decade started.

2020 Will be a fabulous year for buyers, sellers and investors. Interest rates are supposed to remain low. A few new loan programs are coming out. Lots of new devlepment projects are happening on Padre Island including the New Park Rd. 22 which has gone through its final approval at City Council and construction should begin sometime after spring break.

Cheri Sperling is 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 are the most knowledgeable real estate office on Padre Island. No pressure style, patience, and intimate understanding of the local market. They go to work for you!


Padre Island December 2019 Data (Click Pic below for PDF)


padre-island-housing-report-december-2019

Filed Under: buying a home, Corpus Christ Real Estate Data, New Homes Padre Island, Park Road 22 Proposed Bridge, selling a home

Happy New Year’s 2020 – Resolution Time!

January 4, 2020 By

Top 6 New Year’s resolutions that can help you feel better in 2020:

2018-newMore shut-eye

Many of us certainly don’t get near the recommended 7 to 8 hours of sleep a night. Sleep deprivation over the long term can raise risks for health problems including obesity, heart disease, hypertension, diabetes and depression. Here’s how to get a better night’s sleep: Get on a regular sleep schedule and your body will adjust, turn off all electronics & screens leaving them out of the bedroom, reading a non-digital book or listening to soothing music or whitenoise will increase your chances of gaining more deep sleep each night. Go to bed and wake up around the same time each day.

10,000 steps

Walking 10,000 steps a day, or about 5 miles, is a low-impact way to improve your health. Here are tips to get you moving: Use a free app such as Pacer and Stepz to help you keep track of steps. Take the stairs, not the elevator. Park in the back of the lot when you’re going to the supermarket. To keep it interesting, find new places to walk each week and take photos along the way.

Journaling

Journaling has several benefits for your overall health, and particularly your emotional health. It’s relaxing and helps you better understand your thoughts. Sometimes it feels like our minds are going a mile a minute, especially during periods of high stress. Putting those thoughts and emotions down on paper makes them more manageable.

Your personal journal is a permanent record of your thoughts and the events in your life. When you keep a journal, you can look back on important life events to read about how you felt at the time. You may be able to learn from these past experiences, but it’s also just nice to have a record of your past. Our memories become less clear and vivid as they fade farther into the past. Recording our lives helps us better remember them.

Flossing

So many New Year’s resolutions are centered on diet and exercise but we fail to remember dental health. Flossing is an important tool in preventing gum disease and decay. But only four out of 10 people floss at least once a day, and 30 percent say they never floss. Develop a morning and evening flossing routine, and watch your dental health soar!

Limit Screen Time

Many of us are guilty of letting phones run our lives. Make a decision to turn off or put your phone into “do not disturb mode” an hour before bed this year and completely remove it from the bedroom altogether. Read or listen to quiet music to allow your brain to turn off and promote relaxation. Remove the TV set from the bedroom as well, it is incredibly destructive to REM sleep especially for those that leave it on all night. Get a white noise machine instead if you need to have filler noise.

Clean eating

Many vow to eat healthier and lose weight every year. We have a habit of setting the bar too high with unrealistic goals and ultimately give up. One way to improve our diets is to eat “clean.” Shift your diet to focusing on whole foods such as vegetables, fruits and whole grains and healthy proteins and fats. Clean eating also means avoiding processed foods, refined sugar, preservatives and artificial additives.  One of the best strategies for cleaner eating is trying to stick with eating a rainbow each day in the fruits & veggies category paying attention to their colors.

Filed Under: corpus christi, Holiday Parties, North Padre Island, Padre Island Business Association, spring break

DON’T FA LA LA LA FRET

December 23, 2019 By

Cooking and cleaning and hosting, oh my! Broken wine glass shards as far as the living room? Kitchen sink spitting up last month’s pot pie leftovers? Aunty Shissa sprained ankle on the kids’ long-lost Lego piece? Get through the final holiday season without a hitch, and make it seem flawless.

Before Guests Arrive:

Clear your entryway! The people will come, and they come with THINGS. Lots of things. Purses, shoes, presents, tupperware, scarves, jackets, cats in doggy bags…give these things a place. Whatever you have going on in your foyer, de-clutter it. Then add extra hooks.

Add a few extra lights. YOU know where the hallways begin and end, where the steps are and how steep. But your guests do not, and it gets dark early now! Add motion detecting night lights inside and outside so no one goes home with a broken hip.

Zhuzh up your powder room. With the eggnog and spiced wine flowing, your guests will find their way here…often. Aside from the kitchen, it may be the next busiest room. Make sure it’s fully-stocked with toilet paper, hand soap, clean hand towels, tissues, and…air neutralizer…plunger. A scented candle provides nice ambience.

Create extra seating. Especially around bars, coffee spots, and kitchen islands. The masses congregate here. No one should have to call “seat backs”!

Cook a few appetizers in advance. This keeps your guests happy and you with less to do/more time to chat and concentrate on the main dishes. Keep wine and glasses out for guests to serve themselves!

Prep a guest room. Just in case you get the tipsy friend who simply shouldn’t drive, get a bedroom ready in advance. Clean bedding, a ceiling fan, and matching footed PJs are all they need!

Garbage cans. Double or triple line them. It’ll make clean-up so easy during and after the party!

Troubleshooting 101:

Dish disaster. First, use as many “oven to table” dishes as possible to avoid doubling up on what needs to be washed. Next, set up a soaking station for those inevitable hard-to-wash dishes. Quick tip: use a trashcan as your soaking spot, and stick it under your sink. That way it can hold a lot but is also out of the way.

Oven issues. How to avoid the possibility of your oven “gone fishin’” on the most critical day of the year? Set the SELF-CLEAN to AFTER the holidays. That way you’re less likely to blow a fuse or a thermostat. Don’t Turducken this up.

NUTS. Any type of food allergy. A simple heads up with a small sign that says what has nuts, dairy, etc. in it could mean a much-appreciated trip saved to the ER.

Fires. First and foremost, do not overload outlets. You and your guests don’t want to be left in the dark, or worse, in the midst of a house fire. And for those outdoor hanging icicles and blow up Santas, stick to exterior specified extension cords.

Plastic. It’s not so tacky anymore. Super wine glasses and lovely dishware come in plastic or even disposable! No more shattered glass or paranoia over grandma’s fine china.

Party Is Over:

Doggy bag. Purchase little doggy bags for your friends and family to leave with leftovers. They get a tasty treat the next day, and your fridge isn’t left overloaded.

Clean your kitchen first. That is important. Get dishes going, trash out, and spills up. But your guest bath or linens can wait. Categorize by what needs to happen right away vs. in a day.

Double check electronics. Make certain the stove is off, you’ve unplugged the fondue machine, and your after-dinner coffee maker isn’t still heating up water.

Get the kids to help: You don’t have to do it alone! Crank up the Carols and make it fun!

Your guests will love how effortless your festivities were, and how comfortable they felt. Happy merry holidays, Island.

Filed Under: Charities, Holiday Parties, padre island events, realtors
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