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Household Formation Correlated with Unemployment

Household Formation Correlated with Unemployment | Texas Coast Real Estate | Scoop.it

Roartybomb poster Mike Konczal looks at divorce rates and birth rates in each state, which reveals that higher unemployement rates by state tie directly to lower divorce rates and lower birth rates.


New people (birth rate) and divorce drive new household formations. Konczal's conclusion is that the pent-up demand for housing, both rental and for-sale, may not materialize unless people can pay for divorce and babies.


Family household growth has completely decoupled from the US population growth since 2008, creating the pent-up demand.

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Texas Coast Real Estate
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Texas counties rank high for real estate investing

Texas counties rank high for real estate investing | Texas Coast Real Estate | Scoop.it

Real estate investing in Texas

According to SmartAsset, the best opportunities to invest in real estate in Texas are in Harris County, the home of Houston. Harris County has seen business growth of 6.1 percent since 2015, which is lower than most of the other counties ranked — besides Dallas County — but it’s higher than the state of Texas as a whole.

Harris County ranks no. 2 in the nation for real estate investing

LaSalle County had the largest amount of business growth in the state, at 51.7 percent, but GDP growth was just $54 million.

Michael Stuart's insight:

Harris County had a whopping $38.815 billion in GDP growth. New building permits were the highest in Collin County, which had 45.1 permits per 1,000 homes.

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Hooked on a Reeling

Hooked on a Reeling | Texas Coast Real Estate | Scoop.it

Whereas South Padre Island, that other popular beach destination, has the ambience of an amusement park, Port Aransas still feels like the isolated fishing hamlet that it once was.

 

For most of recorded history, this barrier sand reef has been sparsely populated, first by Karankawa, then by Spanish explorers and pirates, then by U.S. troops during the Mexican and Civil wars. In its glory days, Port Aransas was the Tarpon Capital of the World, drawing sportsmen—including president Franklin D. Roosevelt—to its shores.

Michael Stuart's insight:

Even with the bigger crowds, Port Aransas remains a fisherman's paradise.

 

Tip, rent a condo at Cinnamon Shore. the still-expanding vacation home community that is a master-planned New-Urbanism alternative to the funky older rentals that many families loyally return to year after year.

 

 

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Beach town real estate deals that won't break budgets | Inman

Beach town real estate deals that won't break budgets | Inman | Texas Coast Real Estate | Scoop.it

RealtyTrac finds Port Aransas and Palm Beach as low-cost, seaside investment opportunities

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Time for Texas to get street-smart

Time for Texas to get street-smart | Texas Coast Real Estate | Scoop.it

Foot traffic along Houston Street in downtown San Antonio. Future investment should focus on sidewalks and resident-friendly amenities in the city.

Michael Stuart's insight:

Time for the Texas coast to get street smart.

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Can These Rooftop Cabins Solve Urban Apartment Shortages?

Can These Rooftop Cabins Solve Urban Apartment Shortages? | Texas Coast Real Estate | Scoop.it
Cabin Spacey wants to convert the tops of Berlin's buildings into a new source of housing.
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Six Tips For A Stress Free Summer Vacation

Six Tips For A Stress Free Summer Vacation | Texas Coast Real Estate | Scoop.it

The stress of traveling starts when planning where to go and how to get there, and this stress can follow travelers throughout the entire vacation. 

This infographic gives you six great tips on how to leave stress behind on your vacation!

Michael Stuart's insight:

These tips include ways to plan your vacation to help cut stress out of the equation, as well as tips on how to stay relaxed.

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Janet Howcroft's curator insight, July 4, 2:52 PM

great advice

click visual.ly
 - July 3
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Back to the Peninsula - Texas Highways

Back to the Peninsula - Texas Highways | Texas Coast Real Estate | Scoop.it
As our ferryboat approaches the landing, three dolphins suddenly surface just beyond the jetty. I declare it a positive omen, and my wife smiles
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Port Aransas tiny house will appear on HGTV

Port Aransas tiny house will appear on HGTV | Texas Coast Real Estate | Scoop.it
Sitting at just 399 sq. ft. of beachy paradise, this first of its kind tiny home has made a big splash in Port Aransas.  What started as a dream for designer, Julia Shodrok is now her reality. Sh
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Xtreme Waterparks

Xtreme Waterparks | Texas Coast Real Estate | Scoop.it
Hold on to your swim trunks -- we're giving you an all-access, adrenaline-filled virtual tour of the wildest, most over-the-top and exhilarating water rides in the world!
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Booking.com wants to give hotels a better outlook

Booking.com wants to give hotels a better outlook | Texas Coast Real Estate | Scoop.it
Booking.com's foray into providing B2B services has been reasonably quiet of late - but BookingSuite has this week added a major tool to its armoury.

Via Alexandre Guapyassu
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This cool map of the Hill Country captures the essence of Central Texas

This cool map of the Hill Country captures the essence of Central Texas | Texas Coast Real Estate | Scoop.it

If you want to get a sense of the Hill Country in one image, this is it. This colorful map, which was created by TexasHillCountry and artist Kevin Middleton, captures all the nuance and uniqueness that has made the Texas Hill Country a destination on a number of popular travel lists

Michael Stuart's insight:

The Texas Hill Country (THC) and The Texas Gulf Coast (TGC) are many of the same people, part-time. 

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Texas builders go big with tiny house construction business

Texas builders go big with tiny house construction business | Texas Coast Real Estate | Scoop.it
Tiny houses are becoming a popular commodity across the country, and one Texas company is getting a good chunk of the business by building those homes.
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Desert Shelter - 15 Fabulous Tiny Houses

Desert Shelter - 15 Fabulous Tiny Houses | Texas Coast Real Estate | Scoop.it
From the city to the desert -- there's tiny homes to be found just about anywhere these days! This particularly miniscule home was built in the Arizon
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Explore Texas: Mustang Island and 12 Stunning Nature Parks 

Explore Texas: Mustang Island and 12 Stunning Nature Parks  | Texas Coast Real Estate | Scoop.it

There’s nothing better than a State Park that you can make a splash in! And at Mustang Island State Park in Port Aransas, TX, there are miles and miles of open beach where you can swim, float or even build a sandcastle!

Michael Stuart's insight:

If you’d rather explore than splash, paddle the Mustang Island Paddling Trail - the 20 miles of trails pass through waters that are great for birding and fishing.

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Real estate is now a technology industry that sells home - Inman News

Real estate is now a technology industry that sells home - Inman News | Texas Coast Real Estate | Scoop.it

There will always be niche markets for full-service agents, such as exotic and very expensive homes — with a market segment that can afford high prices for high services.

But the vast majority of the marketplace with a more typical home sale will have 75 percent of their needs met via technology automation 10 years out with specialized niche services provided for portions of the sale/purchase process by tech-brokers completing 10 times the volume of transactions as the average agent today at much less cost.

Michael Stuart's insight:

Or why the broker-centric model is in decline .

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US, Canada, Mexico to pledge 50% clean energy sources by 2025

US, Canada, Mexico to pledge 50% clean energy sources by 2025 | Texas Coast Real Estate | Scoop.it
President Barack Obama is expected to announce that the U.S., partnering with Canada and Mexico, will help North America achieve a goal of obtaining half its electricity from clean power sources by 2025.
Michael Stuart's insight:

Texas coming cleaner

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INFOGRAPHIC: Data shows investing is heavily biased by Geography | MINING.com

INFOGRAPHIC: Data shows investing is heavily biased by Geography | MINING.com | Texas Coast Real Estate | Scoop.it

For investors, there’s no place like home. Data shows that investors are heavily sector-biased based on where they live.

Michael Stuart's insight:

THE Gulf Coast folks like to invest in ENERGY.

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Second Galveston Resort Joins the Holiday Inn Club Vacations Brand

Second Galveston Resort Joins the Holiday Inn Club Vacations Brand | Texas Coast Real Estate | Scoop.it
230-villa resort rebrands as Holiday Inn Club Vacations Galveston Seaside Resort.
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Florida beach update: Latest on Gulf Coast; Alabama, Mississippi, Louisiana, Texas water reports

Florida beach update: Latest on Gulf Coast; Alabama, Mississippi, Louisiana, Texas water reports | Texas Coast Real Estate | Scoop.it
Eight beaches in the Florida Panhandle currently have health advisory due to higher levels of fecal bacteria in the water, according to officials with the Florida Department of Public Health.
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Online paid search and display ad marketing spend down in travel

Online paid search and display ad marketing spend down in travel | Texas Coast Real Estate | Scoop.it
A major analysis of the leading websites in the US has painted an interesting picture of some significant changes taking place in online travel.

Via Alexandre Guapyassu
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7 Charts Showing Americans' Travel Intentions for 2016 and Beyond

7 Charts Showing Americans' Travel Intentions for 2016 and Beyond | Texas Coast Real Estate | Scoop.it
Many travel brands believe 2016 will be one of the better years for American travelers for domestic and international trips and spending since the Great Re

Via Alexandre Guapyassu
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Ominous Sight at Florida Beach

Ominous Sight at Florida Beach | Texas Coast Real Estate | Scoop.it
The most extreme heat in the coming days will be in the Desert Southwest.
Michael Stuart's insight:

Destin Florida gets storms too.

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How VC Funding Is Transforming the Real Estate Industry

How VC Funding Is Transforming the Real Estate Industry | Texas Coast Real Estate | Scoop.it

Most new business models and companies promote reduced costs and enhanced services, meaning the race is on for incumbents to maintain their value proposition. Real estate industry leaders don’t resist change or struggle to adopt new technologies, but the masses do. Fragmentation slows down change.

Key players within the industry are pivoting in response to change and the threat of more. For example, major franchisers Realogy, RE/MAX, and Keller Williams all cut sweetheart deals with Zillow to secure consumer traffic.

 

Powerful realtor associations like the National Association of REALTORS (NAR) and the Houston Association of REALTORS (HAR) have led industrywide transformations.

For instance, HAR introduced Drive Time, a new feature that allowed users to search for homes based on their commutes. CAR has led the way in the automation of online forms and contracts, and NAR recently announced an initiative regarding transaction management platforms.

Where Real Estate Goes From Here

This revolution is causing the industry to shift away from the mom-and-pop structure and more toward a few global brands dominating the industry. 

Whether these billions of dollars in VC investment will redefine the process or simply restructure the players remains unclear. But companies that have dominated the realm for approximately more than half a century now must confront unprecedented change.

Michael Stuart's insight:

Key players within the industry are pivoting in response to change and the threat of more.

 

  • For example, major franchisers Realogy, RE/MAX, and Keller Williams all cut sweetheart deals with Zillow to secure consumer traffic.
  • These companies enhanced branding opportunities and constantly use newly adopted technology to help their respective internal modernizations.
  • This revolution is causing the industry to shift away from the mom-and-pop structure and more toward a few global brands dominating the industry.
  • These companies are more automated, rely more on systems, and strive to reap a lion’s share of all home buying revenue.
  • Whether these billions of dollars in VC investment will redefine the process or simply restructure the players remains unclear.
  • But companies that have dominated the realm for approximately more than half a century now must confront unprecedented change.

 

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AARP Puts South Padre Island with Affordable Beach Vacations Nationwide

AARP Puts South Padre Island with Affordable Beach Vacations Nationwide | Texas Coast Real Estate | Scoop.it
Craving the kind of laid-back, budget-friendly beach town that’s the antithesis of a gated resort with sleek hotel rooms? The following towns should more than satisfy.
Michael Stuart's insight:

 

South Padre Island, Texas is part of the barrier island on the southern tip of Texas, and offers a peaceful and relaxed atmosphere where visitors can go deep-sea fishing, bird watching, golfing or lounging on the beach.

 

Schlitterbahn Water-park provides a diversion from the beach if you have kids, featuring the BoogieBhan, an indoor artificial surfing venue that's just like the real thing, but safer.

 

Behold: Best Beach, Birds, Bikinis and BoogieBhan on a Barrier Island!

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Look inside this completely remodeled 1946 beach cottage!

Look inside this completely remodeled 1946 beach cottage! | Texas Coast Real Estate | Scoop.it
This welcoming 1946 beach cottage in Laguna Beach cottage was a complete 'down to the studs' remodel. Refurbished items and antiques from the same time period were used in restoring the house. The care and attention to detail is apparent i
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