The HomeAway Vacation Owners ReportMore rentals, more owners and increasing rates with younger buyers and renters is the story on the Texas coast.Shows the average age at which owners purchased their vacation home was 47 years young and vs 54 years … [Read more...]
What thrived and dived during the Texas coast recession?
What thrived during the Texas coast recession is a story how two developers came out smelling like a rose. This study is about the lessons learned from two “high-end real estate project developers” that thrived during the worse recession and storms … [Read more...]
Corpus Christi Sees Eagle Ford Shale Benefits
Corpus Christi is seeing explosive economic growth from Eagle Ford Shale.More than $3.8 billion in projects are under construction at the Port of Corpus Christi, with $12 billion more in the permitting phase.Projects include: A $10 billion … [Read more...]
International Homebuyers Bring $11 Billion to Texas Economy
The annual National Association of Realtors’ (NAR) survey measuring the level of sales of U.S. residential real estate to foreigners shows that international clients bought an estimated $92.2 billion in residential real estate. That’s approximately 7 … [Read more...]
International Home-Buying Activity in 2014
Texas Real Estate Center 2014 International Home-Buying It’s time for the annual National Association of Realtors’ (NAR) survey measuring the level of sales of U.S. residential real estate to foreigners. There were 3,547 respondents to the 2014 … [Read more...]
Vacation Rental Second Homes a Dream or Income Stream
While the primary real estate market still struggles to gain traction, market factors actually favor a smaller segment of the industry: vacation homes. The reason, according to Brian Sharples, CEO of HomeAway, is the typical buyer – individuals who … [Read more...]
South Padre in Most Improved Rental Bookings Report
The HomeAway Vacation Owners Report for 2014More rentals, more owners and increasing rates with younger buyers and renters is the story on the Texas coast. Shows the average age at which owners purchased their vacation home was 47 years young … [Read more...]
FHA Fannie Freddie regulators move to ease mortgage credit
A shift by the federal regulator of Fannie Mae and Freddie Mac could soon make getting a mortgage loan easier by giving lenders more leeway before the mortgage giants demand that they repurchase loans. The majority of the homes on the Texas coast are … [Read more...]
2014 Texas Real Estate Outlook
The Texas housing market continues to grow, even with negative factors such as weather, higher mortgage rates, shortage of properties for sale and tight lending practices. Still, the outlook for 2014 is good for residential real estate on the Texas … [Read more...]
Why the Luxury Housing Market Is Hot
The luxury housing market is downright hot in several markets. The Port Aransas area of the Texas coast saw sales increase 40% year-over-year!The National Association of REALTORS® (NAR) recently announced that sales of properties worth more than $1 … [Read more...]