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South Padre in Most Improved Rental Bookings Report

South Padre in Most Improved Rental Bookings Report | Texas Coast Real Estate | Scoop.it

The HomeAway Vacation Owners Report for 2014

More 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 old only two years ago.
  • South Padre in among the report’s most improved locations. And younger buyers and renters are heading to the coast.


The average age at which owners began renting their vacation homes was 50 years young,  and that’s six years younger than owners in 2012.

  • Are people more determined to take time off and experience pleasant memories with their children?
  • Are they sold on a vacation home as a solid investment?
  • Have they purchased their retirement home and plan on others paying the mortgage and maintenance until they can quit the workforce?

The sales data was consistent with the National Association of Realtors’ 2014 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2013.

  • It revealed vacation-home sales climbed 29.7 percent to an estimated 717,000 last year from 553,000 in 2012.
  • “Growth in the equity markets has greatly benefited high net-worth households, thereby providing the wherewithal and confidence to purchase recreational property,” said Lawrence Yun, NAR’s chief economist, who expected an improvement in the vacation home market.

According to HomeAway, families are feeling more confident in the economy and the financial markets and thus willing to spend cash on vacations.

  • This confidence has provided a solid rental pool for vacation property buyers who have moved their purchase out of the “personal” column and into the “investment” column.
  • “More families and groups are traveling each year to stay in vacation rentals across the world,” said Brian Sharples, co-founder and chief executive officer of HomeAway.
  • Younger buyers are wise to invest in a property as early as possible to take advantage of the rising profile of vacation rental.
Michael Stuart's insight:

Second-home owners overestimate the time they can realistically use their property. Academic calendars, family reunions, can’t-miss business trips and basketball tournaments often get in the way of the only time you can everyone together at the beach or lake.

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paynocommission's curator insight, May 21, 2014 1:52 AM

Pay No Commission is a property listing service where you can find thousands of homes,apartments & commercial buildings for rent or sale without commission - http://paynocommission.com

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Contemporary prefab homes from Sweden

Contemporary prefab homes from Sweden | Texas Coast Real Estate | Scoop.it

Arkitekthus is a company based in Stockholm, Sweden who build and sell contemporary prefab homes designed by a collection of Swedish architects. Their goal is to bring good design to a larger market that otherwise could not afford an architect designed home.

 

All the houses are sold at fixed prices and can be obtained in two different designs schemes, modern and classic, with a few carefully selected options. They currently offer 11 home designs from four different architects.

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"Companies Plow Ahead With Moves to Mexico, Despite Trump's Pressure" - Texas Border Business

"Companies Plow Ahead With Moves to Mexico, Despite Trump's Pressure" - Texas Border Business | Texas Coast Real Estate | Scoop.it
Texas Border Business “Companies Plow Ahead With Moves to Mexico, Despite Trump’s Pressure,” by WSJ’s Andrew Tangel in Indianapolis: “President Donald Trump boosted the hopes of employees at Rexnord Corp.’s factory here in December when he castigated the company for ‘viciously firing’ workers and planning to move their jobs to Mexico. Two months later, Rexnord …
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Easy Ways to Save While Traveling on Spring Break

Think of winter's chill as nature's way of revving you up for spring break trips to warm and wonderful destinations. Whether you are a college student ready to party or a family seeking some fu
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Port Houston Continues to Grow and Prosper

Port Houston Continues to Grow and Prosper | Texas Coast Real Estate | Scoop.it
Today, the Port Commission of the Port of Houston Authority held its first regular meeting of 2017. Welcoming a record crowd in attendance, Port Houst
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The top 20 home design trends of 2017

The top 20 home design trends of 2017 | Texas Coast Real Estate | Scoop.it
Next year's home trends: lush colors, plush textures and modernistic takes on traditional designs that make a perfect environment to create a "new you."
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Port Isabel Lighthouse is getting a makeover

Port Isabel Lighthouse is getting a makeover | Texas Coast Real Estate | Scoop.it
Of the 16 lighthouses originally constructed along the Texas coast, Port Isabel is the only one open to the public.
It stands 50 feet above the ground, and it is popular with photographers and other visitors, because they can enjoy great views of South Padre Island and the beaches.
Families and friends have climbed the 75 winding steps, to experience a bird’s-eye view from the top of the tower.
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Natural gas and wind are the lowest-cost generation technologies for much of the U. S.

Natural gas and wind are the lowest-cost generation technologies for much of the U. S. | Texas Coast Real Estate | Scoop.it
Natural gas and wind are the lowest-cost technology options for new electricity generation across much of the U.S. when cost, public health impacts and environmental effects are considered, according to new research.
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Ford plant turns 'cemetery' as Trump wrenches Mexican autos

Ford plant turns 'cemetery' as Trump wrenches Mexican autos | Texas Coast Real Estate | Scoop.it
Ford Motor Co's (F.N) abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy.
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60 Percent of Guests Would Pay More for a Vacation Rental With a Smart Home Feature, August Home Study Reveals | Business Wire

60 Percent of Guests Would Pay More for a Vacation Rental With a Smart Home Feature, August Home Study Reveals | Business Wire | Texas Coast Real Estate | Scoop.it

Guests state that vacation homes provide a superior rental experience to hotels (78%) making short-term rentals a more compelling alternative.

 

And smart tech is making it even better, both vacation guests (80%) and business travelers (92%) report they are more likely to complete their rental reservation if the property has smart home technology.

 

60% of Guests indicate they would pay more for a vacation rental with a smart home feature.

 

 

Michael Stuart's insight:

Hosts and Guests believe smart home technology, such as smart locks and doorbell cameras will be a part of all rentals in the future.

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How to Use Google Maps to Plan an Awesome Vacation

How to Use Google Maps to Plan an Awesome Vacation | Texas Coast Real Estate | Scoop.it
With a custom Google Map, you can compile tips and recommendations from friends into a handy guide that will make you feel like a local.
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These 13 Home Energy Tax Credits Expire in 2016

These 13 Home Energy Tax Credits Expire in 2016 | Texas Coast Real Estate | Scoop.it

At the end of 2016, the clock runs out on several federal tax credits for homeowners who made energy upgrades during the year. 

BUILDING ENVELOPE IMPROVEMENTS
HEATING, COOLING AND WATER-HEATING EQUIPMENT

HOME RENEWABLE ENERGY SYSTEMS

Thanks to the Residential Renewable Energy Tax Credit, you can get a tax credit of 30% for the cost of adding these renewable energy technologies to your house: 

Michael Stuart's insight:

Remember that to claim the credit, all products must have been placed in service by December 31, 2016.

 

Energy Saver has a number of resources to get you started in your planning for renewable energy:

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Affluent Family Travelers Spend 10 times Average

Affluent Family Travelers Spend 10 times Average | Texas Coast Real Estate | Scoop.it

Affluent parents are increasingly bringing their children with them as they travel first class and stay at luxury properties, creating a growing need for kid-friendly amenities.

 

In a survey of individuals with incomes of at least $100,000 conducted by Top Flight Family, 43 percent of respondents had stayed with their children at a five-star hotel or resort.

 

  • Whether looking to foster togetherness or looking to give children an educational experience, parents see travel as a valuable opportunity for their children.
  • Nearly all [87 percent] affluent parents they go 'frequently' or 'occasionally' with their children and spend $23,000 per year on family travel, ten times what the average American family spends.

 

Affluent parents look for conveniences when traveling with children

 

  • When traveling with kids, most parents opt for a hotel. Sixty percent said this was their preferred accommodation, compared to just 17 percent who opted for a vacation rental.
  • Lower on the list, 13.5 percent stated that they would stay with friends and family, while a mere 4.4 percent would book a timeshare and 3.5 percent would choose Airbnb as their preference.

 

On the Texas Coast, we see the affluent family trend with the surging popularity of the Cinnamon Shore resort in Port Aransas 

Michael Stuart's insight:

Luxury family travelers - Nearly all [87 percent] affluent parents they travel 'frequently' or 'occasionally' with their children and spend $23,000 per year on family travel.

 

That's ten times what the average American family spends.

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Climate Adaptation

Climate Adaptation | Texas Coast Real Estate | Scoop.it
The report can be a helpful resource for communities working to establish sound protections against the impacts of a changing climate.
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13 Modern House Exteriors Made From Concrete

Here are 13 examples of modern concrete houses that show how concrete can be used in a number of different ways to create a number of different looks.
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SBA and the South Padre Island EDC solidify Small Business Support with a Strategic Alliance Memorandum - Texas Border Business

SBA and the South Padre Island EDC solidify Small Business Support with a Strategic Alliance Memorandum - Texas Border Business | Texas Coast Real Estate | Scoop.it
Texas Border Business  SOUTH PADRE ISLAND ─ The U.S. Small Business Administration’s Lower Rio Grande Valley District Office (LRGVD) and the South Padre Island Economic Development Corporation (SPI EDC) signed a Strategic Alliance Memorandum (SAM) to encourage entrepreneurship and economic empowerment through increased collaboration on entrepreneurial and financial education for local residents and small business …
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Californians Comprise Largest Number of New Texas Transplants

Californians Comprise Largest Number of New Texas Transplants | Texas Coast Real Estate | Scoop.it
A new report by the Texas Association of Realtors reveals that Californians continue to move to the Lone Star State en masse.
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What Not to Post on Facebook While You're on Vacation

What Not to Post on Facebook While You're on Vacation | Texas Coast Real Estate | Scoop.it
Are you on vacation and about to post a picture of your delicious meal to Facebook? If you do, you might come home to an empty house, here's why:
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21 Amazing Off-the-Grid Houses

21 Amazing Off-the-Grid Houses | Texas Coast Real Estate | Scoop.it
Real talk: Between diminishing stores and oil wars, fossil fuel-dependance is officially a bad deal. In the future, as these resources get scarcer, we're going to have to figure out how to live in a little more harmony with Mother Earth. Here are 21 houses that are already doing it right: eschewing the power grid for solar, wind, and geothermal energy sources.
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CJ Brasiel's curator insight, February 20, 10:42 AM
I always love looking at these alternative home ideas!
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Aging in Place Needs Out of the Box Thinking

Aging in Place Needs Out of the Box Thinking | Texas Coast Real Estate | Scoop.it
Next Avenue Influencer in Aging Louis Tenenbaum offers ideas for aging in place in America
Michael Stuart's insight:

70 million older Americans do not qualify for government or not-for-profit programs but cannot afford expensive retirement communities or 24/7 care.

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Offshore wind energy system combines sea water and wind to create electricity

Offshore wind energy system combines sea water and wind to create electricity | Texas Coast Real Estate | Scoop.it
No turbine blades in sight.
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Multimillion-dollar, 1,200-foot lazy river being installed in west Houston

Multimillion-dollar, 1,200-foot lazy river being installed in west Houston | Texas Coast Real Estate | Scoop.it
Houston's Westside Tennis and Fitness has long been known for its sports facilities, but it's gearing up to become a resort-style family destination by next summer.
Michael Stuart's insight:

The 600,000-gallon winding waterway will offer guests an eight-minute ride around the "island," an expanse that will include three slides. Among those will be the 166-foot "HighFly," as well as a steep 113-foot drop slide. Part of the lazy river will be the "Action River" which will be more pressurized to propel daring floaters through the channel more quickly. It will also have a swim-up bar and poolside lounge for adults.

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Top 11 Tourist Attractions in Corpus Christi - Travel Texas

Top 11 Tourist Attractions in Corpus Christi - Travel Texas: USS LEXINGTON, Padre Island National Seashore, Malaquite Beach, Corpus Christi Harbor Bridge
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The Future of Retirement Communities: Walkable and Urban

The Future of Retirement Communities: Walkable and Urban | Texas Coast Real Estate | Scoop.it
In the age of the Fitbit and more active retirees, there is a growing demand for neighborhoods that don’t require a car and offer a mix of services.
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Eclectic seaside hostel is built out of recycled shipping containers

Eclectic seaside hostel is built out of recycled shipping containers | Texas Coast Real Estate | Scoop.it
Built with shipping containers and other recycled building materials, this hostel offers comfortable accommodations on a budget.
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Island Adventure Park Hiding in South Padre Island

Island Adventure Park Hiding in South Padre Island | Texas Coast Real Estate | Scoop.it

The new Adventure Park at the end of Park Road 100 has forty acres of land spans from the Gulf of Mexico to the Laguna Madre Bay and provides for Adventure on South Padre Island.


Horseback rides are along the beach and water’s edge, and we often see a variety of shoreline and marine life.

 

Riding horseback is the best way to see the Island’s unique sand-dune flora and fauna along with rare birds and animals that either live here year round or migrate through each Spring and Fall.

Michael Stuart's insight:

Ride in the remote portion of the Island that few people get to experience. 

 

Sunset Horse Rides, Private Sand Dune ATV Track, Horseback Riding, Beach Excursions, Zip Lines, Events and Parties, Petting Zoo, Wedding Location, Bonfires and Cook Outs.

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