PADRE ISLAND HOUSING REPORT – OCTOBER 2024

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

Our active listing median prices have risen the past month to $556,7500 which is actually a 23.7% increase from where it was compared to last October at this time! CCAR shows us the data that has risen for active listings t0 33.3% with a total of 328 properties this past month compared to Ocotber 2023 while inventory also rose to 11.7 compared to 7.3 last year at this time.

Days on the market stayed steady this past month with an average of 143 days and the highest categories for sales with 40.0% of all the sales being priced between $500,000 – $749,999. The market is still softening a bit as we head into the holidays 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 for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally
adjusted basis in October, the same increase as in each of the previous 3 months, the U.S. Bureau of
Labor Statistics reported today. Over the last 12 months, the all items index increased 2.6 percent before
seasonal adjustment.

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 October 2024 Data (Click Pic below for Larger Image)

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

Flood Preparedness & Safety Tips

Earlier this summer, I shared important information on how to prepare in case of a
hurricane. Today, I would like to revisit that topic in relation to another type of weather
emergency with the potential to affect residents of the Coastal Bend: flooding. Given our
community’s proximity to the Texas coast, many residents may already be aware that flooding
can occur near the water or in other low-lying areas. However, as illustrated by the recent floods
in Houston, flooding is a possibility even in those areas not typically at risk for this type of
weather disaster. With this in mind, I would like to share some of the necessary steps you can
take to ensure your family is safe and prepared in case of a flood.

One of the most important ways to prepare for a weather emergency is by developing a
family disaster response plan. This can be accomplished by first identifying specific flood risk
factors such as geographical location, the structure in which you reside, and personal
circumstances such as medical conditions. Another important component of this disaster
response plan is identifying evacuation strategies in order to prevent confusion and injury in
times of emergency.

In addition to a comprehensive family disaster response plan, another key way to prepare
for a flood is by creating a disaster response kit that includes items such as flashlights, batteries,
telephones, radios, and sufficient tools in case of an emergency. Other important items to
consider are blankets, pillows, seasonal clothing, and special items for infants and the elderly. Be
sure to also include first aid supplies as well as medicines and prescription drugs. Along with
various necessities, this kit should include copies of personal documents such as insurance
information, birth certificates, along with family and emergency contact information. The
American Red Cross also recommends having a three-day supply of nonperishable food and
water on hand in case of a flood.

Protecting your home, car, and other personal property should also include ensuring you
have the right insurance coverage in case of a weather event such as flooding. The National
Flood Insurance is a pre-disaster flood program designed to reduce flood disasters. There is
typically a 30-day waiting period for most insurance policies to go into effect, which is why it is
essential to have the right coverage in place before a weather emergency occurs. You can learn
more about the National Flood Insurance program at https://www.floodsmart.gov .
In the event of inclement weather, those living in areas susceptible to flooding should pay
close attention to local emergency alerts and weather advisories issued by the National Weather
Service. These alerts and advisories are helpful in determining the risk of flooding in your area
and what, if any, action you should take. Typically, there are four key terms used that help to
indicate your risk level:

 Flood Watch: Flooding is possible due to the weather conditions in the area. Monitor
radio and television stations for more information.
 Flash Flood Watch: Flash flooding is possible. Be prepared to move to higher ground.
Monitor radio and television stations for more information.
 Flood Warning: Imminent threat of flooding in the area. If advised to evacuate, do so
immediately.
 Flash Flood Warning: A flash flood is occurring or will occur soon. Seek higher
ground on foot immediately.

When flooding occurs in your area, it is important to remember to always avoid walking or
driving through floodwaters when possible. It only takes six inches of moving water to affect the
ability to walk and two feet of water to sweep a vehicle away. Information regarding evacuation
routes and travel safety during a storm is available by calling the Statewide Road Conditions
hotline at 1-800-452-9292 or by visiting DriveTexas at https://drivetexas.org.

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

PADRE ISLAND HOUSING REPORT – JULY 2024

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

Our active listing median prices have risen the past month to $427,500 which is actually a 0.6% increase from where it was compared to last July at this time! CCAR shows us the data that has risen for active listings t0 42.7% with a total of 324 properties this past month compared to July 2023 while inventory also rose to 11.2 compared to 5.7 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 23.3% of all the sales being priced between $500,000 – $749,999. The market continues to stay stable so far into 2024 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 median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of July 2024 is 3.0%. If 3.0% is the actual year-over-year increase in the CPI, it will match the number from the previous month.

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 July 2024 Data (Click Pic below for Larger Image)

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

BBB Scam Alert

BBB Scam Alert: Young adults and recent graduates are common targets for employment scams!

The summer season is an exciting time for many young adults as they enter the workforce
following high school or college graduation. Unfortunately, not all job postings found online
are legitimate and many fraudulent employers specifically target young adults with entry-
level professional positions that offer a high salary and flexible working hours.
BBB’s 2023 Scam Tracker Risk Report found employment scams are the second riskiest
consumer scam in the nation with a median loss of $1,995 and a 5% increase in exposure
as compared to the previous year. In Texas, consumers reported more than $750,000 lost
to these scams since 2023. Across all age groups, employment scams tend to impact those
between 18-34 years old the most.

While the majority of reports BBB receives are regarding fraudulent employers promoting
data entry or package reshipment positions, graphic designer, secret shopper, and human
resources offers are also frequently used. All reports include a work-from-home or remote
working capability, often with flexible working hours and an hourly or monthly pay
significantly higher than standard.

Contact is made most often through email from someone claiming to represent a made-up
or impersonated company who came across the recipient’s email through a job board,
LinkedIn, or in response to an application they sent in. Shortly afterward, the conversation
will move to an online messaging system such as Skype or Telegram to arrange and
conduct an interview. The interview is conducted entirely through text and finishes with an
immediate job offer starting the very next day. After accepting the job offer, employment
scams progress down different paths depending on the position and industry.

To help identify fraudulent jobs for the most common types of positions, BBB provides the
following breakdown for two broad categories:
Data Entry, Administrative Assistant, Clerical or Secretarial Positions
Fake checks are a common tactic for these positions in an employment scam. Once an offer
is accepted, the scammer claims that the company will provide them with a check they can
use to set up their home office. The check is either emailed or mailed directly to the
employee’s address, and they follow instructions to deposit it into their account and provide
proof afterward.

Once deposited, the scam may progress down two different paths:
 The representative claims that a mistake on the check resulted in the employee
being overpaid. They often blame this on a logical typing error, such as accidentally
adding an extra zero, so $300 became $3,000. The scammer asks the new employee
to return the extra money immediately through a direct payment method such as
mobile banking app, gift card or wire transfer.
 The representative will direct the employee to a third-party vendor they must use to
purchase their office equipment. The website often appears legitimate, and the
employee can easily find all the required products. When it comes time to pay, the
total cost precisely matches the amount of money provided in the check, and the
employee inputs their banking information to finalize the purchase.
In either case, the victim's bank eventually detects the check as a fake, and the employee
loses the amount of money they returned or used to purchase the office equipment, which

is never received. When they try to contact the representative again, all messages go
unanswered and social media profiles previously used to establish credibility are
deactivated. Additionally, banks often freeze, or in worst cases cancel, the accounts
associated with a fraudulent or counterfeit check deposit as a precautionary measure,
resulting in additional challenges the victim must overcome when recovering.
Package Reshipment, Quality Inspection or Product Distribution Positions
All these positions require from an applicant is a valid home address and their time, making
them very appealing to a wide range of people. They often advertise a base monthly pay
between $2,000 – $4,000, with additional bonuses per package shipped to its next
destination. Most victims who encounter this scam receive and ship packages as they expect
until it comes time for their first paycheck – only they never receive any money. When they
attempt to log in to an employee dashboard, they find their account locked and all their
messages go unanswered.
According to the FBI, reshipping scams can involve con artists who use stolen credit cards to
buy expensive items. Instead of shipping the item directly to their address, they use a “re-
shipper” to send the package overseas. Package reshipment positions may also be handling
stolen goods or laundered money, resulting in victims of this scam unknowingly
participating in illegal activity.

Avoiding Employment Scams
Evaluate work-from-home opportunities. The transition to remote work has created
many opportunities for legitimate and fraudulent businesses. While many work-from-home
job openings are honest, it is essential to critically evaluate the hiring process of any
company offering this type of employment. Be wary of companies that require the applicant
to download a specific mobile app to communicate, conduct the entirety of the interview
through text or chat, or do not provide a physical address for the business.
Verify contact details. BBB recommends verifying that the address provided matches the
business and that the phone number is in service. It is common for scammers to use
addresses for vacant lots or other companies and a phone number that is either fabricated
or not in service. At a minimum, verify that at least two contact methods will get you in
touch with company representatives.

Research the company. Spend time researching a company's reputation and legitimacy
before agreeing to work for them. Check BBB.org to see if they are listed, and search online
for reviews from previous employees or customers. If the offer is coming from a well-known
company, check their official job board to verify the position is listed and use the posted
contact methods to reach out to the hiring team.

Be wary of immediate offers and start dates. Any pressure to sign or onboard
immediately indicates that the company may not be legitimate. Choosing a place to work is
an important decision that most legitimate companies understand requires time to consider.
Be especially wary if the position is offered without an interview or promises a significant
income if the employee pays for coaching, training or certifications. If the hiring team
threatens the job will go to the next candidate unless you make an immediate decision, it
might be best to walk away.
For more information visit BBB.org.

PADRE ISLAND CORPUS CHRISTI HOUSING REPORT MAY 2024

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

Our active listing median prices have risen the past month to $495,000 which is actually a 8.7% increase from where it was compared to last May at this time! CCAR shows us the data that has risen for active listings by 63.8% with a total of 308 properties this past month compared to May 2023 while inventory also rose to 10.5 compared to 4.3 last year at this time.

Days on the market for sale rose this past month with an average of 92 days and the highest categories for sales with 47.4% of all the sales being priced between $500,000 – $749,999. The market is very stable so far into 2024 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

Previous monthly figures for 2024 have seen 0.3% to 0.4% for both monthly and core inflation. Core inflation excludes food and energy price changes. For May’s figures now casts from the Cleveland Federal Reserve estimate that headline monthly inflation will be 0.08% and core inflation 0.3%.

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 May 2024 Data (Click Pic below for Larger Image)

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

PADRE ISLAND HOUSING REPORT – APRIL 2024

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

Our active listing median prices have slightly dipped the past month to $460,000 which is actually a 17.4% increase from where it was compared to last April at this time! CCAR shows us the data that has decreased slightly for active listings by 71.3% with a total of 286 properties this past month compared to April 2023 while inventory Has stayed stable at 9.6 compared to 3.7 last year at this time.

Days on the market for sale decreased this past month with an average of 80 days and the highest categories for sales with 32.4% of all the sales being priced between $400,000 – $499,999. The market is still staying very stable so far into 2024 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 April 2024 Consumer Price Index (CPI) report rose by a softer-than-expected 0.3% month-over-month (MoM) and 3.4% year-over-year (YOY). Inflation eased as smaller gains in services (e.g., food services) costs offset the continued strong rises in rent and gasoline prices.

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 March 2024 Data (Click Pic below for Larger Image)

north-padre-island-housing-report-april-2024

BBB Tip: Five Resolutions For a Fraud-free New Year

The loss of money, personal information, and perseverance of scammers continue with online purchase scams as the riskiest of scams.

BBB recommends adding a few precautionary steps to the New Year’s resolution list and the weight loss and financial goals to help make the upcoming days and months fraud-free.

  • I resolve to be cautious with email.  Be wary of unsolicited emails from a person or a company. Remember, scammers can make emails look like they are from a legitimate business, government agency, or reputable organization (even BBB!). Never click on links or open attachments in unsolicited emails.
  • I resolve never to send money to strangers. If you haven’t met a person face-to-face, don’t send them money. This is especially true if the person asks you to transfer funds using a pre-paid debit card or CashApp. Money sent to strangers in this way is untraceable, and once it is sent, there’s no getting it back. Scammers will try to trick you into panicking – so before making a move,  think the situation through. Don’t fall for it!
  • I resolve to do research before making online payments and purchases. Research the retailer before entering payment information when shopping online, or if asked to pay online, research the retailer before entering payment information. Ask: Is this a person or business I know and trust? Do they have a working customer service number? Where is the company physically located? Would I be making payments through a secure server (https://….com)? Have I checked to see if others have complained?
  • I resolve to use my best judgment when sharing my personal information. Sharing sensitive personal information with scammers opens the door to identity theft. Never share financial information, birthdate, address, Social Security/Social Insurance number, or Medicare number with an unsolicited caller.
  • I resolve to be social media smart. Use privacy settings on social media and only connect with people you know. Be careful about including personal information in your profile, and never reveal your address and other sensitive information – even in a “fun” quiz. Scammers may use this information to make themselves pass as friends or relatives and earn your trust. Also, be careful when buying products you see on social media. BBB Scam Tracker has received thousands of complaints about misleading Facebook and Instagram ads.For more information

For more information

To learn more about scams, go to BBB.org/ScamTips. For more about avoiding scams, check out BBB.org/AvoidScams. If this scam has targeted you, help others avoid the same problem by reporting your experience at BBB.org/ScamTracker.

BBB Tip: Avoiding online purchase scams and impostors this holiday season

As the holiday season approaches, Better Business Bureau (BBB) urges consumers to
remain vigilant against a surge in online scams that could threaten their festive spirit.
During the past five years, Texas residents have reported losing $17.5 million to scams,
21% due to online purchases. BBB has identified online purchase scams as the No. 1 riskiest
scam encountered by North American consumers in both the 2021 and 2022 Scam Tracker
Risk Report, and are often enacted by impersonating reputable businesses.

Since 2018, losses to online purchase scams reported to BBB by Texas residents have
significantly increased during two times of the year – early spring and the holiday season – while the number of reports
peaks during the summer months. Often, a sense of urgency and the fear of missing out on a great deal
for a highly desired product are key influences if an online shopper loses money to a fraudulent seller. The holiday
season is a busy time for most people as they purchase gifts, make travel plans, prepare
holiday dinners, and get their homes ready for family and friends. In many cases, shoppers
do not have the time to verify the legitimacy of an online seller as thoroughly as they
typically do at other times of the year, and the existence of Black Friday, Cyber Monday, and
other holiday promotions introduce difficulties in determining when a deal is “too good to
be true.”

“It is important for online shoppers to protect themselves while interacting with digital
marketplaces throughout the year, but especially during the holiday season when scammers
are out in force to take advantage of shoppers,” said Heather Massey, vice president of
communications and community relations for Better Business Bureau serving the Heart of
Texas.
No matter the scheme, a key tactic of scammers is to disguise themselves as a reputable
business or government agency (known as an impostor scam), and this strategy is more
successful during the holiday season. Impostor scams have been identified as the No. 1
most reported fraud to the FTC’s Consumer Sentinel Network since 2017, with a median
loss of $1,000 in recent years. BBB’s 2022 Scam Tracker Risk Report found some of
the most commonly impersonated companies include Amazon, Geek Squad, Publishers
Clearing House, and the U.S. Postal Service. With more people ordering products online and
expecting deliveries, fraudulent notifications about shipping issues or suspicious activity on
an account from an impostor have a greater likelihood of being taken seriously, which often
means a greater chance of losing money or personal information.

With $1.2 million reported lost across nearly 1,400 reports, the impact of online purchase scams on
Texas residents this year has already broken 5- year records, and the holiday season will likely
see these numbers increase. While BBB is concerned about these record-breaking numbers, they do not
reflect the emotional, physical, and mental stress associated with falling victim to a scam, nor the
long-lasting effects it has on an individual’s confidence to navigate a complex marketplace without
being taken advantage of.

“Our goal is to empower consumers to recognize the signs of a scam and to give them the
confidence to trust themselves when something doesn’t feel right,” said Massey. “Research
conducted by BBB found that nearly 75% of people who encountered a scam but did not
lose money simply felt something wasn’t right about the situation, so they walked away. The
next two most powerful defenses are to be generally aware of scam tactics and to research
the offer.”
This holiday season, BBB provides the following tips to help Texas residents avoid online
scams, impostors, and counterfeit items:
Use protected payment methods. BBB research found that people who pay with a credit
card or PayPal are more likely to recover their funds after sending money to a scammer.
However, with PayPal, a buyer should not send money using the platform’s Friends and
Family method. If an online seller directs you to use PayPal’s Friends and Family method, it
is most likely a scam because they know PayPal’s protection policies do not cover money
sent through that system in the same way as a business transaction.

Be wary of social media ads. Social media is a great way to stay connected with friends
and family, and it is also a great way to get exposed to a lot of different products that
appeal to you. However, not everything advertised on a social media platform is legitimate,
and scammers can easily create sponsored advertisements that will appear on your news
feed. If interacting with a social media ad, take a minute to verify it has routed you to the
right website. Better yet, go directly to the website on your own and search for the
advertised product.

Avoid links provided in unsolicited emails or text messages. If you receive an
unsolicited text message with a link, avoid following it. In many cases, there is no way of
knowing where that link will direct you, and even if you arrive at a website that appears to
look official, it could very well be a lookalike website. It may automatically download
malware on your device. If you receive a notification regarding suspicious activity on an
online account, verify the facts by contacting the company using a known and trusted
method, such as their official mobile app or the contact number on a recent bill.

Review protection policies. Become familiar with the protection policies established by
the agency or company you are being contacted by. Many companies and government
agencies prohibit their official representatives from asking you to verify personal or account
information over the phone or through email. If you ever have doubts about someone’s
legitimacy, it is best to hang up and contact the company through another method to
double-check that everything is in order.

Verify you are at the right website. Pay close attention to see if any special characters
are replacing letters, such as the Greek alpha (α) instead of ‘a’, and the domain and
subdomain match the official company website. While looking through the URL, take a
second to verify the website is secured. Poor grammar is also a good indication that a
scammer may have put together a website hastily. However, this is something that they are
getting better at avoiding, due in large part to AI content creation tools. Check the age of
the domain – a well-known company isn’t likely to have just registered their website in the
past few years.

For more information about how to avoid holiday-related marketplace issues this year,
visit BBB.org/Holiday.
If you or someone you know has been affected by a scam or unethical business practice,
report it to BBB through an official business complaint or Scam Tracker report. Information
provided may help another person from being affected and assist BBB in recognizing trends
in marketplace behavior.

NORTH PADRE ISLAND HOUSING REPORT – SEPTEMBER 2023

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

Our active listing median prices slightly dipped the past month to $389,500 this past month which is a 4.5% decrease from where it was compared to last September at this time! CCAR shows us the data that is rising for active listings by 65% with a total of 236 properties this past month while inventory Has risen at 6.6 compared to 2.6 last year during the month of September.

Days on the market for sale dipped this past month with an average of 51 days and the highest categories for sales with 34.6 % of all the sales being priced between $300,000 – $399,999. The market is stable moving into fall with properties available across many pricing areas. North Padre Island’s newest development Whitecap NPI has started 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) showed inflation rose 0.4% over last month and 3.7% over the prior year on a headline basis in September, a deceleration from August’s 0.6% month-over-month increase and in line with August’s 3.7% annual rise. Both measures were slightly higher than economist forecasts for a 0.3% month-over-month increase and a 3.6% annual increase, according to data from Bloomberg.

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 September 2023 Data (Click Pic below for Larger Image)

north-padre-island-housing-report-september-2023

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.

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

April Brings Attention to Autism

April is National Autism Awareness Month. Awareness months are helpful because they
bring public attention to issues facing many of our friends and families and autism is no
different. According to the Centers for Disease Control and Prevention, the medical term for
Autism is Autism Spectrum Disorder (ASD), which is described as a group of developmental
disabilities which can cause significant social, communication and behavioral challenges.

The National Institute of Mental Health further characterizes ASD as:
 Ongoing social problems that include difficulty communicating and interacting with
others
 Repetitive behaviors as well as limited interests or activities
 Symptoms that typically are recognized during early childhood
 Symptoms that hurt the individual’s ability to function socially, at school or work, or
other areas of life

Further explanation of these characteristics can be found at
https://www.nimh.nih.gov/health/topics/autism-spectrum-disorders-asd/index.shtml
It is important to note that individuals diagnosed with ASD differ in their learning, thinking, and
problem-solving abilities. Autism is known as a “spectrum” disorder because there is wide
variation in the type and severity of symptoms people experience. ASD occurs in all ethnic,
racial, and economic groups. Although ASD can be a lifelong disorder, treatments and services
can improve a person’s symptoms and ability to function.
There is no known single cause for autism spectrum disorder, but it is generally accepted
that it is caused by abnormalities in brain structure or function. Brain scans show differences in
the shape and structure of the brain in children with autism compared to in neurotypical children.

Researchers do not know the exact cause of autism but are investigating a number of
theories, including the links among heredity, genetics, and medical problems.
In many families, there appears to be a pattern of autism or related disabilities, further supporting
the theory that the disorder has a genetic basis. While no one gene has been identified as causing
autism, researchers are searching for irregular segments of genetic code that children with autism
may have inherited. It also appears that some children are born with a susceptibility to autism,
but researchers have not yet identified a single “trigger” that causes autism to develop. However,
ASD can usually be diagnosed by the age of two.

There are a variety of organizations that provide helpful resources and information
regarding ASD. One organization is the Autism Society which was founded in 1965 by Bernard
Rimland, Ph. D, whose own son was diagnosed with ASD. Since its formation the Autism
Society has grown from a handful of parents to having local and state affiliate offices in nearly
all 50 states. These offices are connected through a network that enables the Autism Society to
share resources like referral services and education/awareness programs.

The Autism Society is dedicated to its role of increasing public awareness about ASD,
which includes the day to day challenges faced by individuals, families and professionals
affected by ASD. If you would like to learn more about the Autism Society you can go to
www.autism-society.org. Another organization that serves as a resource for ASD is Autism Now.
You can go to their website at www.autismnow.org to learn more.

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

THE GULF COAST’S NEWEST LUXURY MASTER-PLANNED DESTINATION COMMUNITY IS COMING TO PADRE ISLAND

whitcap-project-padre-island-ashlar-development

DOWNLOAD FULL DETAILS ON WHITECAP NPI PROJECT (CLICK HERE) 

It’s a done deal! The roughly 240-acre master-planned community of Whitecap North Padre Island has received unanimous approval from the Corpus Christi City Council (NPI). Over 600 residential residences and homesites are planned for this $800 million development, along with more than 50 acres for a town center, a nature preserve, and other amenities.

Between the Gulf of Mexico and Laguna Madre, Whitecap NPI is a unique refuge that encourages enjoyment of and access to natural wildlife, including Kemp Ridley Sea Turtles and more than 380 migratory, over-wintering, and resident bird species.

This legacy project is being developed by Ashlar Development LLC and is owned by Diamond Beach Holdings, a fully owned subsidiary of International Bancshares Corporation.

Whitecap will be a unique and exciting new development that offers a water-centric way of life, modern, fresh house designs, and a thriving retail and commercial center within the neighborhood. Anywhere in the United States, the combined ambiance created by this once-in-a-lifetime concept will embody the next chapter in coastal culture. According to Steve Yetts, president of Ashlar Development, “It is destined to become the most prominent coastal community on the Texas Coast, if not the entire country.”

Whitecap NPI, which features coastal contemporary architecture everywhere, will raise the bar for seaside living. The residences are situated on island enclaves, providing distinctive neighborhoods connected to the rest of the community by bridges and pathways, many of which include canal access for boating and water sports.

The Whitecap NPI community is anticipated to have amenities like kayaking, paddle boarding, activity centers, pools, a nature preserve with walking trails, multimodal paths with golf cart access, a proposed luxury marina with state-of-the-art dry-stack boat storage, and a public town center with a planned resort-style hotel, shops, and restaurants, as we can see. The community is focused on scenic waterfront living, boardwalks, green space, and easy access to more than 52 acres of canals.

The Whitecap community will serve as a catalyst for economic activity on both the island and the mainland, according to Corpus Christi Mayor Paulette Guajardo. All locals will benefit from the new and expanded services, the better water quality and infrastructure, the bridge access for boats and walkers, and the large city revenue that will result from this high-quality development.

The Whitecap NPI site, which is on one of the longest undeveloped barrier islands, is essential to the prairies and marshes along the Gulf Coast where the nearby waters serve as a vital habitat for marine and terrestrial plants and animals throughout the year.

“IBC Bank has a long history of supporting South Texas by making investments there. We are dedicated to making Whitecap NPI a premier neighborhood in Corpus Christi and the surrounding area. We have always understood the significance of this site and how it might lead to favorable changes for Corpus Christi and North Padre Island. IBC Bank’s Director of Public Affairs Jennifer Hoff remarked, “As a result, we have been very cautious to build an engaging community where nature can balance itself alongside development for the long-term benefit of the environment, people, and visitors.

The infrastructure and canal network connecting the beach to the bay, which will serve as the community’s basis, are now being built. In the first quarter of 2023, there will be an opportunity to reserve lots by visiting http://www.whitecaplivingnpi.com

PADRE ISLAND HOUSING REPORT – DECEMBER 2022

Corpus Christi Association of Realtors has posted the Padre Island Housing Report for December 2022. Our active listing median prices have slightly dipped to $353,250 this past month which is a fall of 3.8% compared to last December at this time!
CCAR continues to show us the data that shows active listings rising 36 % with a total of 136 properties this past month while inventory Has a slight decline to 2.6 compared to 1.7 last year during the month of December.

Days on the market for sale have slightly fallen to an average of 50 days on the market and the highest category for sales with 32.3% of all the sales was priced between $300,000 – $399,999. The market is holding steady which is normal after the Holidays. CPI Data has shown inflation is still lowering, and the fed still seems committed to getting inflation down to 2% and continue to signal more rate hikes to come.

Coastline Properties has been weathering the conditions of different markets since 1995. Prices are falling as more properties enter the market.A survey by Homes USA shows that new home prices have decreased recently.

The adjustment occurs in the midst of a market slump brought on by increased mortgage rates and the earlier increase in prices. Builders are therefore providing greater incentives to purchasers in an effort to enhance sales as inventory rises and new homes take longer to sell.

Real estate company HomesUSA, based in Dallas, analyzes data from multiple listing services and three-month averages for sales, pricing, active listings, and other metrics. This previous week saw a low in mortgage application volume as high mortgage rates continued to harm the housing market.

In 2021, new homes weren’t being added to the MLS since they were selling so quickly. The demand for homes was at its highest and most intense from spring 2020 through spring 2022. The patterns we are currently observing indicate that the local slowdown in new house sales might not just be a seasonal blip. Construction is being curtailed by builders as the market weakens. The houses you can currently see were started when the market was different. You can observe the results of those who entered into contracts only to have to cancel them when interest rates increased.

Soon, the spring housing market will begin, and we’ll probably want to know what to anticipate. The home market in 2023 might feel more like a nobody’s market after several years of a clear sellers’ market. More buyer advantages and slower home sales are something we anticipate. On the economic front, supply chain problems have started to get better and should keep getting better in the coming year. As interest rates and inflation reduce disposable income, we can anticipate the following five to six months to be sluggish. But the flooring and home improvement sectors will experience tremendous growth over the next five to six years.

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 December 2022 Data (Click Pic below for Larger Image)

padre-island-housing-report-november-2022

A Second Causeway To Padre Island ??

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

Padre Island Housing Report – July 2022

The Local Real Estate Market active listings have moved up to 29.3% the past month compared to last July at this time!
Corpus Christi Association of Realtors continues to show us the data that leans toward Prices slightly lowering by 5.9% in median price homes while months of inventory Has been rising the past month.

Days on the market for sale have lowered to an average of 41 days on the market. 35.6% of all the sales in March were priced between $300,000 – $399,999. The Median Price of homes has fallen by 5.9% to a price of $363,000 compared to the same month in 2021. The market is stable but cooling a bit as we head toward Labor Day, eyes will be on the fed as they will make another rate decision by end of next month and this could easily influence the buyers out there to make their decisions before summer’s end.

Many of us brokers have seen it all before, Coastline has been weathering the conditions of different markets since 1995. It’s a good time to get prepared and if you are a homeowner currently as we are now in Hurricane Season, it’s a great time to make sure your insurance and plans are in order for a potentially big season of storms ahead according to NOAA.

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 July 2022 Data (Click Pic below for Larger Image)

padre-island-housing-report-july-2022

The Month Of June Is Alzheimer’s And Brain Awareness Month

This year, the month of June has been designated as Alzheimer’s & Brain Awareness Month. When people think of being healthy, generally we think of our external physical health. However, officials with the Alzheimer’s Association want to remind everyone that mental health is just as important. Alzheimer’s & Brain Awareness Month began as a way to bring attention to different brain diseases, educate communities about their effects, and provide support to those individuals and families struggling with this condition.

Brain disorders come in several forms. Dementia is the general term used to describe a decline in mental ability that is severe enough to interfere with daily life. Alzheimer’s is the most common type of dementia as it accounts for 60 to 80 percent of dementia cases and is the 6th leading cause of death in the United States.

The most common early symptom of Alzheimer’s is difficulty remembering newly learned information. This is because Alzheimer’s changes typically begin in the part of the brain that affects learning. As Alzheimer’s advances through the brain, it leads to increasingly severe symptoms, including disorientation, mood and behavior changes; deepening confusion about events, time and place; unfounded suspicions about family, friends and professional caregivers; and difficulty speaking, swallowing and walking. Just like the rest of our bodies, our brains change as we age. Most of us eventually notice some slowed thinking and occasional problems with remembering things. However, serious memory loss, confusion, and other major changes in the way our minds work may be a sign that brain cells are failing.

People with memory loss or other possible signs of Alzheimer’s may find it hard to recognize they have a problem. Signs of dementia may be more obvious to family members or friends. If you have noticed these symptoms with your loved ones, help is available. The Alzheimer’s Association is a great source of information and has many tools to help. You can visit their website here: https://www.alz.org/ They also have a 24-hour helpline that can be used to access reliable information and support. Their phone number is: 1-800-272-3900.

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 3

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

 

Padre Island Ready For Spring Break 2022

Thousands Expected to Visit Area Attractions and Beaches March 5 to March 20

Aquarius Street and other critical intersections along Park Road 22, such as Whitecap Boulevard, Commodores Drive, and State Highway, will be monitored by the CCPD. Motorists are urged to leave early for their trip because delays are possible.

The Texas Department of Transportation (TxDOT) has restored the I-37 northbound Labonte Park exit ramp, removing the requirement for a northbound diversion to get to the park.
The SH 358 (South Padre Island Drive) Ramp Reversal Project will stop lane closures for Spring Break in an effort to decrease traffic congestion during the holiday.

The Port Aransas ferry operations will operate at full capacity and are prepared to respond to any surge in late-night traffic. For the latest information and wait times, visit https://twitter.com/PortA_Ferry.

City parks, swimming pools (Collier Pool and Natatorium) will be open with free admission.

Stay connected by visiting Facebook @citygov and Twitter @cityofcc.

Padre Island Updates from Greg Smith, District 4

One of the important issues facing the Island is Short Term Rentals of homes.  Currently, Corpus Christi does not have an ordinance addressing STR’s as they are growing in popularity across the nation and particularly on the Island.  The Island Strategic Action Committee that advises Council has set up a subcommittee that has been meeting for recommendations and will address STR’s in their December meeting.  The PIPOA has sent out a questionnaire to homeowners for their input with a December 1 deadline.  The advice that the City Council receives from both of these organizations will have a significant impact on the City’s direction on any ordinance addressing short-term rentals.

After sixteen years it’s happening, the Water Exchange Bridge is under construction.  It has been quite a saga and one that came down to the wire.  When first proposed in 2004 the project was strictly water exchange consisting of large culverts that would not have allowed boat passage but would have had significant water movement that would greatly improve the water quality in the main canals.  As time went on plans were changed to elevating the bridge providing boat, golf cart and pedestrian access to both sides of the road.  To protect taxpayers from a “Bridge to Nowhere” it has been the City’s position that the canal should be dug first or monies escrowed.  This was reinforced by the original developer’s financial and legal issues on the adjacent property.  In 2017 the City bid the project contingent on the canal being built or sufficient funds escrowed to build it.  Twice the contract was extended to allow more time for the developers to come through on their side.  Then in 2019, the bridge was bid again with a six-month notice to proceed clause that allowed time for the canal to be built.  Part of the agreement was when the canal was substantially complete the City would issue a notice to proceed for construction.  The months kept passing by and still no activity on the Canal.  Finally, the dirt began to fly and one day before the contract was set to expire I walked the site with Peter Zanoni, the City Manager and he declared the canal digging substantially complete.  The rest is history and the bridge is on the way.

When the water exchange bridge is complete expect to see a complete change in the water quality in the main canals.  Currently, there is little to no circulation, creating oxygen-deprived, warm, stagnant water body hence the need for aerators operated by the PIPOA.  About 2/3 of the time water is coming in the Packery from the Gulf of Mexico.  The circulation pattern in the Bay causes some of the flow in from the Gulf to return through the Corpus Christi Ship Channel.  The result will be cleaner, higher oxygen levels and cooler water in the canals with the majority of water flow from the Gulf rather than the Laguna Madre.

Another issue the City is tackling is improving our air service.  With new executive leadership at the CVB and Airport the City is now actively soliciting airlines to add direct flights to destinations other than Houston and Dallas.  Management met with eleven airlines last month in Denver and was favorably received. An important part of this initiative is to change our culture from Corpus Christi being a “drive market” to promoting us also a fly destination with an emphasis on our Gulf Beaches.  This is a complete change in how we operated in the past.  With this alteration our airport is already outpacing other airports in these Covid ravaged times.  This bodes well for the future as we adjust to the pandemic.