PADRE ISLAND HOUSING REPORT – AUGUST 2024

Corpus Christi Association of Realtors has posted the Padre Island Corpus Christi Housing Report for August 2024.

Our active listing median prices have risen the past month to $496,000 which is actually a 27.6% increase from where it was compared to last August at this time! CCAR shows us the data that has risen for active listings t0 46.8% with a total of 320 properties this past month compared to August 2023 while inventory also rose to 11.6 compared to 5.6 last year at this time.

Days on the market for sale increased this past month with an average of 110 days and the highest categories for sales with 30.0% of all the sales being priced between $750,000 – $999,999. The market is softening a a bit as we head into fall with properties available across many pricing areas. Padre Island’s newest development Whitecap NPI is open for sales of their lots in Phase 1, Contact Coastline Properties Agent Ms. Amber Spicak at their office for all pre-sales. amber@coastline-properties.com

The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in August, increasing at the slowest pace since February 2021, and down from a 2.5% gain in July 2024. The Federal Reserve will lower interest rates for the first time today in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation, but whether policymakers opt for a half-percentage-point cut or smaller move remains up in the air.

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 Corpus Christi 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 Corpus Christi August 2024 Data (Click Pic below for Larger Image)

padre-island-corpus-christi-housing-report-august-2024

NORTH PADRE ISLAND HOUSING REPORT – OCTOBER 2023

Corpus Christi Association of Realtors has posted the North Padre Island Housing Report for October 2023.

Our active listing median prices have risen the past month to $450,000 this past month which is a 9.8% increase from where it was compared to last October at this time! CCAR shows us the data that is increasing for active listings by 60.8% with a total of 246 properties this past month while inventory Has risen at 7.2 compared to 2.8 last year during the month of October.

Days on the market for sale increased this past month with an average of 72 days and the highest categories for sales with 33.3 % of all the sales being priced between $300,000 – $399,999. The market is still quite stable moving into our short winter with properties available across many pricing areas. North Padre Island’s newest development Whitecap NPI is open for sales of their lots in Phase 1, Contact Coastline Properties Agent Ms. Amber Spicak at their office for all pre-sales. amber@coastline-properties.com

The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of October 2023 is 3.3%. If 3.3% is the actual year-over-year increase in the CPI, it will mark the first decline in the consumer price index relative to the previous month since June 2023. This begins to show that inflation may be softening a bit as we head into the end of 2023.

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!

 

North Padre Island October 2023 Data (Click Pic below for Larger Image)

north-padre-island-housing-report-october-2023

Ovarian Cancer Awareness Month

The month of September is recognized as Ovarian Cancer Awareness Month. According
to the National Ovarian Cancer Coalition, ovarian cancer is rare since only 1.1% of women will
be diagnosed with ovarian cancer. Yet, it is the number one cause of cancer-related death among
women. Additionally, in 2023 it is estimated that 19,710 women will be diagnosed with ovarian
cancer and of those diagnosed 13,270 women will die. Due to the mortality rate, it is important to
know about ovarian cancer so people can be educated about the risk factors along with the signs.
National Ovarian Cancer Awareness Month is important because it is a time dedicated for
women and the public to gain knowledge about ovarian cancer. This is important because an
increase of public knowledge can lead to earlier diagnoses and hopefully lower the death rate.
Therefore, the purpose of this month is to raise awareness surrounding ovarian cancer which is
sometimes referred to as the “silent killer.” This is due to the fact that the symptoms of ovarian
cancer are very similar to other diseases which means women will overlook the signs and they
will not realize they should see a doctor and get tested. As a result of this, the diagnosis for
ovarian cancer is typically confirmed at a later stage. According to the National Ovarian Cancer
Coalition, only 20 percent of ovarian cancer is diagnosed in the early stages.
Since the symptoms of ovarian cancer are similar to other diseases, it is critical to know
what they are in order to get an early diagnosis. A few of the common symptoms for ovarian
cancer are persistent bloating, difficulty eating or feeling full quickly, and pelvic or abdominal
pain. Along with these symptoms, the strongest risk factors include increasing age and family

history. Knowing the signs and risk factors of ovarian cancer is important because an early
diagnosis can be lifesaving.
For more information about ovarian cancer, please visit the National Ovarian Cancer
Coalition’s website. https://ovarian.org/about-ovarian-cancer/what-is-ovarian-cancer/
Along with this, radiologyinfo.org is a wonderful resource to learn more about ovarian
cancer, how to prevent it, and how it is diagnosed. https://www.radiologyinfo.org/en/info/psa_oc
Additionally, you can visit the American Association for Cancer Research to learn about
the risk factors and symptoms of ovarian cancer. https://www.aacr.org/patients-
caregivers/awareness-months/ovarian-cancer-awareness-month/

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. As always, 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 part of Nueces County. He can be contacted at
todd.hunter@house.texas.gov or at 512-463-0672.

Media Advisor – Mayor Proclamation National Small Business Week

Media Advisory

WHAT:

Mayoral proclamation establishing the annual recognition of National Small Business Week in the City of Corpus Christi from May 2 thru May 6.

WHY:

America’s 30 million small businesses support our economy by representing half of all private sector jobs, payroll and output in the United States. Additionally, a diversity in leadership, vision, experience and perspectives is demonstrated by 30% of small businesses being women-owned, 29% being minority-owned and nearly 10% being veteran-owned.

WHO:   

Corpus Christi Mayor Paulette Guajardo

United Corpus Christi Chamber of Commerce President and CEO John LaRue

Better Business Bureau Regional Director Katie Galan

WHERE:

United Corpus Christi Chamber of Commerce, 602 N. Staples Street, Third Floor Board Room, Corpus Christi, Texas 78401.

WHEN:

Mayor Guajardo is expected to begin the proclamation at 9:30 a.m. on May 6, 2022.

MAYOR NELDA MARTINEZ: STATE OF THE CITY

“Bold and Balanced Growth” is how Mayor Martinez described our Emerald City by the Bay, Corpus Christi – and she isn’t kidding. On the afternoon of February 6, 2014, at the American Bank Center, she touched on two major statistics that will hopefully make a big impact in the Real Estate realm this coming year.

Corpus Christi is one of the fastest growing metro economies in the United States coming in at No. 10 with a 3.8% increase in 2013 and a projected 3.1% increase for 2014. This is also due to a 4.3% rise in jobs. More people coming to Corpus = more buyers in the real estate market! Finally, the scale is tipping.

Mayor Martinez also pointed out that since 2010, there has been a housing rise of 19%. There has been a sizeable increase in new construction in Corpus, creating roughly 3,800 new jobs in 2013. Why would there be this kind of boom in new construction you ask? Because we want to be prepared for the economic growth that is expected. From 2012 to 2013, there was a 32% increase in new residential permits alone.

With that though, there has been a shortage of affordable housing. The city is attempting to change this by building some low-income housing, such as The Palms at Leopard, to accommodate 120 apartments, which broke ground Nov. 14, 2013, on Leopard Street. The goal is to offer a healthy mix of housing options throughout Corpus Christi, and to continue with neighborhood cleanups.

As for the Island, Schlitterbahn is projected to bring mass amounts of people to the park, increasing the growth and relevance of the island. Property values are expected to increase due to this exposure, and there will certainly be many more people looking to buy and rent around the island.

Onward and upward, Corpus Christi!

Parents Push Through Day 1 of Back to School Schedules

Many schedules changed Monday for students heading back to school as summer comes to an end. Now, parents are left with the chore of planning around the new agendas. Some parents in the coastal bend told us what items were topping their back to school “To-do” lists and how the school year affects their routines.

“Running late, having to make them breakfast every morning,” a mother of two said.

Adam Young, a father of 5 agreed, saying a hot meal is a good way to send off the students.

“Eggs, oatmeal the whole thing, we just make sure that they have a good hot breakfast usually, you know something not too high in sugar,” Young said.

Young says adjusting schedules is just one thing on the back to school list that most parents, he works out, with at Flex Fit 24/7 can agree on.

“I schedule around picking my kids up and dropping them off at school,” Bert Ramos said.

Marlene Pineda followed that with her early bird wake up call now that she is a mother of three, including twins.

“I’m up at 6 o’clock in the morning, just really getting them out the door and the twins along with the ride,” Pineda said.

Rides to school are accompanied with heavy traffic around campus, causing another hiccup in the morning commute that parents try to combat.

“I dropped my daughter off who just started preschool and it was chaotic, it was crazy,” Annalaura Perez, mother of two, said.

“The school zones, the traffic, the school traffic it’s horrible,” another mom said.

Young says, “If you get up early enough and get them there soon enough not too bad, that the trick.”

For some parents though, the real trick is getting the kids out of bed before they can get the wheels in motion.

“My son doesn’t like getting up in the morning,” one mom added.

Overall, parents are happy to be in the early stage of their post-summer agendas.

“I think it gives me a little bit more free time to kind of get to work, do more things, maybe get to work out,” Pineda said.

“Be able to run errands without having to pull two kids in and out of the car,” another parent added.

via KrisTV