PADRE ISLAND HOUSING REPORT FEBRUARY 2023

Corpus Christi Association of Realtors has posted the Padre Island Housing Report for February 2023. Our active listing median prices have risen the past month to $410,250 this past month which is 6.3& above where it was compared to last February at this time!
CCAR continues to show us the data that shows active listings rising 26.3 % with a total of 144 properties this past month while inventory Has stayed steady at 2.8 compared to 1.0 last year during the month of February.

Days on the market for sale are climbing a bit from last month an average of 80 days on the market and the highest category for sales with 37.5% of all the sales being priced between $300,000 – $399,999. The market is keeping pace as we move into Spring. The Consumer Price Index declined from 6.4% to 6% in the last 12 months ending in February, continuing an eight-month trend of declining annual inflation. The FED meets next week to decide whether they will move the rate again to continue to fight inflation this year. The Spring Housing market is 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 February 2023 Data (Click Pic below for Larger Image)

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Color Pyschology: How they Effect Emotional States!

Have you ever come home to find that your house has been broken into, your husband has canceled your recordings of The Bachelor, and it appears as though your “big bad guard dog” has actually led the robber to the fine china? I truly have “seen red” before. And I bet you have, too.

So how do colors affect human emotion and reaction? Company owners, home decorators, web designers, have all recently been paying more attention to not only what colors to choose, but why to choose them. Color psychology is now known to play a larger role in marketing, design and branding. Perhaps as homeowners, we, too, should choose wisely. The colors you choose for your spaces can actually play a role in your mood and temperament.

Black begs power and authority. You wouldn’t bully the karateka sporting the black belt.

For the home: Choose an accent wall in your home office and paint it black! Own your work space, and make it be known that you’re the boss in there! It will demand dominance.

White symbolizes purity, innocence, and sterility. Wouldn’t it just seem odd to baptize a baby in a red gown? Or to paint the walls of an operating room a dirty tone of split pea soup?

For the home: If you have a case of kitchen OCD, a white kitchen is a necessity. White will make the kitchen appear larger (and it IS the heart of the house, so the bigger, the better!), but the more sterile this room feels, the better. Perhaps your guests don’t want to question whether their food was prepared in a germ breeding ground, as white countertops and cabinets are no hiding place for grease splatters or red wine rings.

Red brings about feelings of passion and rage. Studies also show that it increases circulation, action, and exudes an empowering masculine energy.

For the home: Assuming most households do have at least one man in them, perhaps use red as an accent color: Red pillows, a red door, red vases. Does your house have a man cave? Red that room!

Orange has the tendency to elicit increase in energy and optimism. Think of the fruit – it’s bright, sweet, makes you want to do an Irish jig.

For the home: If you have a home gym, this is the PERFECT place for this color. It will likely give you that needed boost an extra shot of espresso may provide…without the calories!

Yellow sometimes enhances concentration, but can lead to irritability and anxiety. Just because it’s gender neutral doesn’t mean you should paint your nursery this color. Studies have shown that the same baby will cry more in a yellow room than in a blue room.

For the home: As with red, use this color as an accent. If you just love the color, a downstairs powder room would be a nice place to put yellow on the walls. It will add a kiss of zest to the first floor. Consider the sun…it’s always nice when it’s out, but you never want to stare at it!

Green…ahhhh green. It’s natural…relaxing…can’t you smell the fresh cut grass? Not only does green bring you down to earth, but it can symbolize greed and envy. So, use green wisely.

For the home: Incorporate green by using indoor plants! Plants will bring the outdoors in, and studies have shown plants and flowers will reduce stress and improve general well-being. You wouldn’t bring your sick friend a gerbil, right? You’d bring them a fresh bouquet! If you’d rather bring green in another way, go with a nice pale green for the living room.

Blue has a similar effect as green. You feel calm around blue. It symbolizes loyalty and peace. Straight from Wikipedia, “In 2000, Glasgow installed blue street lighting in certain neighborhoods and subsequently reported the anecdotal finding of reduced crime in these areas.”

For the home: I’d choose a navy blue as an accent wall in the dining room, or a light blue for a bedroom. If you’re like most, your bedroom is the one place you can really go to unwind. Blue will allow you to feel soothed and restful. Light up a beach wood candle, and you’re in heaven! Just don’t go painting clouds on the ceiling. Then you’ve taken it too far.

Purple is the color of royalty, wealth, and sometimes romance. In ancient healing therapies, the color psychology behind purple was believed to treat skin problems, and purple crystals were used for both emotional and physical healing.

For the home: If it is believed to aid in skin therapy, what better place for a purple paint job than the master bathroom? Maybe the good purple vibes will work their magic and make you forever beauteous. If that’s not what you’re about, picture a relaxing lavender scented bath. Purple is also said to spark the imagination. I know many people do their best thinking in the bathroom!

Pink makes people think of love and romance. But it also brings about a sense of nurturing and immaturity – the silly, playful kind.

For the home: A little girl’s bedroom is the obvious choice here. But I think another less obvious space would be lighter maroon color in a playroom. This may help mold creative thoughts and visionary children.

Now go grab some color swatches, and create your own desired household aura!

Padre Island Housing Report – February 2018

THE HOUSING MARKET IS STILL SLOWLY RECOVERING SINCE HURRICANE HARVEY. WE ARE SEEING A LULL IN PRICING COMPARED TO LAST YEAR. THE DIFFERENCE IS THE SUPPLY AND DAYS ON MARKET ARE HIGHER THAN PREVIOUS LOWS, SHOWING AN UPWARD TREND IN BUYER DEMAND. LOTS OF NEW BUYER ACTIVITY IN THE THE 200-300K RANGE STILL.  TAKE A LOOK AT THE STATISTICS ON WHAT’S HAPPENING HERE ON PADRE ISLAND.  CLICK ON THE PICTURE BELOW AND GET A FULL PDF TO PRINT OUT TO KEEP TRACK OF THIS DATA. LOOKING FORWARD TO HAPPY & HEALTHY 2018! GIVE US A CALL AND DISCUSS THE MANY OPPORTUNITIES TO OWN A PIECE OF COASTAL TEXAS! (361) 949-0101

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WIN a KINDLE FIRE HD Goodie Basket!

REMINDER CONTEST DRAWING EXTENDED UNTIL MAY 31st at 8:00pm

TO CELEBRATE SPRING, We are GIVING Away a Spring Goodie Basket including a KINDLE FIRE HD!

DUE TO POPULAR REQUEST, The Contest has been extended to MAY 31st at 8:00pm.  In order to enter the CONTEST, text the word “basket” to 71441 (yes, only 5 digits, look at the picture below) and you will be entered to win.

You May Also ENTER YOUR MOBILE NUMBER Below to be Opted into the TEXT TO WIN Contest!  Once you are opted in you will get a message asking you to reply with “yes” to confirm your entry into the contest.  Also, feel free to download our FREE MOBILE Application for your smartphone so you can be searching the Real Estate market locally in Real Time.  Go here http://bit.ly/smarterMLS

**Contest RULES: Must be 21 years or older to win. Must be able to come to our office to receive your prize, we will not ship this item. 1 entry per mobile number. Contest will end on May 31st at 8:00pm promptly. You will be notified by text if you win or lose. Best of luck to all of you!

Schlitterbahn Corpus Christi – 7 months from Opening!

KiiiTV3.com South Texas, Corpus Christi, Coastal Bend
Seven months. If all goes as planned, that’s how long it will be until the new Schlitterbahn Beach County Water Park and Resort on Padre Island is up and running.

If you have been watching the construction process, you know that things are now at the point of dramatic change.

“We’re really seeing some big changes now,” said Jeff Henry, co-owner of Schlitterbahn. “Really seeing this start coming out of the ground.”

From the beginning, there were plenty of people who were convinced the project was never going to happen; but now, 65 acres of what used to be the Padre Isles Country Club have been transformed.

“We’re running four-inch fire protection to the buildings that are going to be sprinkled, and we’re running two-inch fill lines that we’ll use to fill the rivers and fill the rides,” Henry said.

Jeff Henry is the creative genius behind all Schlitterbahn parks, and to say that he’s a free spirit doesn’t fully describe his reputation for thinking outside the box. He actually owns more than 60 patents for thrill rides that he has built all around the world.

“He’s always creating. He’s got a vision, and he tries to make the architects understand what his vision is,” said Sonia Gill, Henry’s assistant.

“This is fun. This is like artwork. It’s enjoyable,” Henry said. “I do get tired of corporate — that would be my brother and my sister, and all the people in New Braunfels who are trying to get me to comply with the rules and regulations of society, which I prefer not to.”

“He’s a wild and crazy guy, but he gets the job done,” Schlitterbahn Senior Designer John Schooley said. “He’s creative, and he really makes things happen.”

“These are treehouses that we’ve added,” Henry said. “Here, we’re doing something very unique.”

Henry was talking about the company’s unique upscale lodging for guests who want to extend their stay. The treehouses, as they’re called, are being constructed using wood left behind from the devastating fire in Bastrop, Texas, back in 2011. Ultimately, there will be a couple of hundred tree houses on the site.

Like the Schlitterbahn parks on South Padre Island and Galveston, the one in North Padre Island can stay open year round, but “this one is going to blow those other two away,” Henry said.

As of right now, construction workers — about 150 of them on any given day — are finishing up the in-ground infrastructure, working on foundations for the various slides and rivers, and adding a second floor to what will be a completely refurbished clubhouse.

As for the actual water slides and attractions, many are being built right now in the company’s fabrication plant in New Braunfels. Colorful butterflies and mushrooms, an elaborate locomotive, and a cool pirate ship — the C.C. Christi — all of it will be headed to Padre Island soon.

Also on the way are devices called Archimedes Screws. They work on a 2000-year old principle named after the Greek inventor who first used them. They will help propel the massive amount of water in the park’s moving rivers.

In New Braunfels, experts from around the country are collaborating online. They can actually stay in constant communication with project managers on the ground in Corpus Christi.

John Schooley, the company’s senior designer, is particularly proud of the park’s signature attraction. They call it “Shoot the Chute,” a unique adaptation of a classic waterpark ride that takes riders up a steep incline and then drops them into a large pool.

Local businessman Stan Hulse is the park’s general manager. He said he can’t wait until people can start splashing around in it. That’s still set to happen in June of next year.

Eventually, as 3News has reported, the $41 million water park will be the central component of a $550 million resort community on the Island. It will have more restaurants, shops and hotels. Plans also call for a riverwalk and new residential areas.

According to our sources, a major announcement about that is coming soon, and 3News promises to keep you posted. via KIITV.com

Schlitterbahn Beach Country Resort – Ground Breaking!

It’s official. The planned $41 million Schlitterbahn Waterpark is one step closer to becoming a reality. A groundbreaking ceremony was held Friday on Padre Island.

Kiii News Reporter Bill Churchwell went Live from the Padre Isles Country Club with the details.

There was plenty of excitement from the crowd as they watched the mayor and the owners of Schlitterbahn break ground with golden shovels and construction equipment.

For the first time, we were able to see what the waterpark will look like, as an artist rendering of the 65-acre project, including rivers, rides, slides, surf and lodging, was put on display. It will be the fifth waterpark built by the family-owned and operated Schlitterbahn.

“This park is going to be our newest, most modern, prettiest, best park we’ve ever built,” said Jeff Henry of Schlitterbahn Waterparks.

“We’ve had our eye on Corpus for a long, long time,” said Robert Henry, also of Schlitterbahn Waterparks. “We had to develop our techniques to a finer point. Takes a lot of time and money. We’ve waited for Corpus to grow up to it, and I believe you’re there.”

Early during the development, there was some concern that the country club and golf course would be removed, but that will not be the case. It will remain in place, and it will be improved.

Schlitterbahn plans to open by March of 2014.

SCHLITTERBAHN BEACH COUNTRY RESORT MAP (CLICK HERE)

PHOTOS FROM THE GROUND BREAKING CEREMONY!

Schlitterbahn NEWS! Construction equipment expected to arrive this month!

— Some construction on the proposed Schlitterbahn water park and resort has begun — just not on Padre Island.

Materials are being prefabricated in New Braunfels — where the company opened its first water park in 1979 — said Gabriele Hilpold, chairwoman of the committee that advises the city on island development.

Members of the Island Strategic Action Committee said they’re baffled when they hear from people who still don’t believe the park and resort will become a reality.

But they may not hear as much of that by the end of October, when construction equipment is expected to arrive near the Padre Isles Golf Course, said developer Paul Schexnailder, of Asset Development. He briefed the committee Tuesday night.

Drawings and surveys are being completed, he said. Schexnailder wouldn’t say whether they’ve found a way to keep nine holes of the golf course open during construction — as hoped by some island residents — but said project details are being worked out.

The $41 million resort planned west of Park Road 22 tentatively is set to open in March 2014. Early designs showed the park would include a 65-acre water park with lodging, golf and restaurants. It will be built on the existing golf course and tied into a master plan for the area that includes a marina in Lake Padre, an extension of the residential canal system, hotels, condos and single-family homes on about 500 acres of mostly undeveloped land.

Under a $117 million incentive agreement with the city, Schlitterbahn must begin construction within five months and be finished with the first phase by summer 2013.

Schlitterbahn is part of a proposed $552 million master plan for the island, which investors Willard Hammonds, Schexnailder and the Henry family, owners of Schlitterbahn, are developing.

Schlitterbahn Corpus Christi Breaking Ground by October

— Trailers and heavy equipment will be one of the first indications that dirt is expected to turn soon near the Padre Island Golf Course — the site of a proposed Schlitterbahn water park and resort.

Those could appear as soon as the end of October, said developer Paul Schexnailder, of Asset Development. He briefed the city’s Island Strategic Action Committee Tuesday evening.

“There’s a lot going on that people just don’t see,” he said.

Financial paperwork is being finalized with the bank and the park’s design is being worked through by The Henry family, owners of the water park company. The final design is expected to be complete in the next few weeks. They’re trying to find a way to keep nine holes of the golf course open during construction, Schexnailder said.

The $41 million resort planned west of Park Road 22 is tentatively set to open March 1, 2014, ahead of spring break. Early designs showed the park would include a 65-acre water park with lodging, golf and restaurants. It will be built on the existing golf course and tied into a master plan for the area that includes a marina in Lake Padre, an extension of the residential canal system, hotels, condos and single-family homes on about 500 acres of mostly undeveloped land.

Under a $117 million incentive agreement with the city, Schlitterbahn must begin construction within the next six months and be finished with the first phase by summer 2013. The water park is required to be built two years after the project breaks ground, according to terms of the agreement.

Schlitterbahn is part of a proposed $552 million master plan for the island, which investors Willard Hammonds, Schexnailder and the Henry family are developing.

The entire project is expected to take at least 18 years to build under the incentive agreement with the city, which is for 25 years. Developers are responsible for infrastructure maintenance, such as dredging canals and repairing bulk heads.

The development is expected to generate about $259 million in revenue, after incentives, for the city’s taxing districts, including Del Mar College and Flour Bluff ISD.

A bulk of the tax incentives being offered — $78 million — are from hotel occupancy tax revenue within the area of the planned development. That means most of the incentives being offered rely on the performance of the proposed project, city staff said.

The city also plans to build a $6.8 million bridge along Park Road 22, which would connect Lake Padre to the residential canal system. The City Council has pledged to pay for that project with leftover 2008 bond money. Schexnailder has said it is a critical part of the project’s design because it would create a pedestrian waterfront connection along the canal system.

We are so excited to hear this from the Developers, This news is very big and our islanders are ready for it. Will keep you posted as more news develops ~Cheri

OFFICIAL COUNT OF NEW PROPERTIES UNDER CONSTRUCTION

New Home UPDATE as of 7/19/2012:  As of this week there are a good number of new homes under construction going up here on North Padre Island!  New Developments relating to Schlitterbahn and the Proposed New Park Rd 22 Bridge are creating such an exciting atmosphere to be in. It’s been nearly 5 years since we have seen new construction like this!!

New Construction count is as following:

WATERFRONT HOMES – 8

WATERACCESS HOMES – 55

MULTI-FAMILY PROPERTIES – 2

Dry lots are selling selling on the Island. 18 have closed since June 1, 2012: Selling between $18,500 – $28,900

Padre Island’s real estate market is recovering and now bringing a new wave of buyers.

Now’s the time. Don’t Wait to Buy, Buy and Wait!!

Let Coastline Properties show you the BEST the Island has to offer – put our expertise and experience to work for you!!

Check us out!   Cheri Sperling, Coastline Properties