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Luxury Homes Reinvent the Dining Room

Luxury Homes Reinvent the Dining Room | Texas Coast Real Estate | Scoop.it

Tad Dekko created a dining study lined with books and a glass wall that retracts into the ceiling.


Michael Stuart's insight:

Some homeowners have eliminated their formal dining rooms and found creative new uses for the space.

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Airbnb Adds Hotels and Luxury Listings to Bolster Growth

Airbnb Adds Hotels and Luxury Listings to Bolster Growth | Texas Coast Real Estate | Scoop.it

The company is grappling with limited inventory in some popular destinations and has initially struggled to branch out beyond its core business into offbeat excursions and experiences.

 

Airbnb grew into one of the world’s most highly valued startups by convincing travelers to rent a room in other people’s homes, but it is working to make the booking service appeal to business travelers, families and others to compete with Expedia Inc. and others.

 

Many properties owners on the Texas coast keep bookings year-round using only Airbnb and adjusting their rates.

 

  • Airbnb is now for everyone, with these additional listings ranging from a popular tree-house to high-end villas in Paris
  • Airbnb had revenue of $2.57 billion last year and was close to breaking even, with a $75 million loss, according to financial statements reviewed by The Wall Street Journal.
  • Among the company’s new listings are abodes suitable for weddings and dinner parties.
  • Airbnb thus far has inspected and certified 2,000 homes from 4.5 million listings worldwide that qualify for the Plus designation. The CEO said he expects 75,000 to be verified by year-end.
  • To help offset the cost of home inspections and professional photography, Airbnb is charging hosts $149 to apply for the Plus designation. Hosts will be listed more prominently on Airbnb’s site and could potentially charge more for their certified homes. The company will reward its best hosts, known as Superhosts, with a higher-level of customer support and access to discounted home-improvement goods, said Mr. Chesky. That includes a 30% discount on Alphabet Inc . Nest devices.
  • Its new loyalty program, dubbed Superguests, puts it more in line with hotels’ offerings, many of which give free nights or other discounts to their best customers.

 

Airbnb hopes to reach 1 billion annual bookings by 2028, the company said Thursday. It’s booked a total of 300 million over the past 10 years.

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Facts to know about Corpus Christi's South Padre Island Drive

Facts to know about Corpus Christi's South Padre Island Drive | Texas Coast Real Estate | Scoop.it
The most important thing to remember about South Padre Island Drive in Corpus Christi is that you cannot get to South Padre Island, TX by driving it.
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Why Dallas-Fort Worth has the greatest gains of out-of-state residents in Texas

Why Dallas-Fort Worth has the greatest gains of out-of-state residents in Texas | Texas Coast Real Estate | Scoop.it
North Texas' four counties were a top destination in Texas for relocating out-of-state residents, according to the latest report by the Texas Association of Realtors.
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A liquefied natural gas export terminal being built in Corpus Christi landed two deals to supply shale gas to China

A liquefied natural gas export terminal being built in Corpus Christi landed two deals to supply shale gas to China | Texas Coast Real Estate | Scoop.it

Houston-based Cheniere Energy Inc. has signed two sale-and-purchase agreements with China National Petroleum Corp., the Texas company.

Under the supply deals, PetroChina International Company Ltd. — a subsidiary of CNPC — will buy 1.2 million metric tons of LNG per year through 2043 from Corpus Christi Liquefaction LLC and Cheniere Marketing International LLP, which are subsidiaries of Cheniere (NYSE American: LNG). The price for the LNG will be indexed to the Henry Hub price plus a fixed component.

 

  • The deals follow a November trade mission to China, where Cheniere Energy CEO Jack Fusco and other Cheniere executives accompanied President Donald Trump. In a ceremony witnessed by Trump and Chinese President Xi Jinping, executives with Cheniere and CNPC signed a memorandum of understanding, which Fusco said became the framework for the two supply deals.

  • "We expect these agreements to support the development of Corpus Christi Train 3. Cheniere also signed a 15-year LNG supply deal with European commodity trader Trafigura Pte Ltd.

  • "Cheniere's deal with PetroChina and their deal last month with Trafigura shows strong interest in U.S.-produced LNG and will benefit the energy-producing areas around Port Corpus Christi, including the Eagle Ford.

 

"Such deals create jobs and help improve the U.S. trade balance."

  • South Texas Energy & Economic Roundtable President Omar Garcia said Cheniere's supply deals are a win for the Eagle Ford, and confirms the demand for natural gas throughout the world and the need for continued drilling in the Eagle Ford Shale region,
  •  Global demand and its proximity to the Port of Corpus Christi has made the Eagle Ford Shale an international player.

 

Officials with Port Corpus Christi say the busy South Texas waterway is poised to benefit from Cheniere Energy's new liquefied natural gas deal with China.

 

Texas ports stepping up game as Panama Canal expands

The newly expanded Panama Canal is already creating opportunities for Texas companies to export crude oil, liquefied natural gas, and refined products to lucrative markets in Asia where commodity prices are higher.

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Texas shale challenges North Sea crude as world oil benchmark

Texas shale challenges North Sea crude as world oil benchmark | Texas Coast Real Estate | Scoop.it
Surging shale oil production in Texas and North Dakota is being felt on trading desks in Chicago, Houston and New York, where a brisk business in West Texas Intermediate crude futures is far outpacing contracts for London-based Brent crude.
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Facebook and Google are doomed, George Soros says

Facebook and Google are doomed, George Soros says | Texas Coast Real Estate | Scoop.it
Billionaire philanthropist and leading donor to liberal causes George Soros predicted Thursday that regulation and taxation will soon dethrone Facebook and Google, describing the tech industry's major players as powerful monopolies that harm individuals, market innovation and democracy.

In a wide-ranging, scathing speech delivered at a dinner event at the World Economic Forum in Davos, Switzerland, Soros applauded the European Union's heightened enforcement aimed at Web giants. He also called for greater regulation of the tech companies, seizing on a growing backlash against Silicon Valley.

“Facebook and Google have grown into ever more powerful monopolies, they have become obstacles to innovation, and they have caused a variety of problems of which we are only now beginning to become aware,” he said, according to a transcript of the speech.
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17 Experts Reveal How To Make Smart Real Estate Investments

17 Experts Reveal How To Make Smart Real Estate Investments | Texas Coast Real Estate | Scoop.it

Via John M. Holland
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John M. Holland's curator insight, December 9, 2014 12:08 PM

17 expert real estate investors share their metrics for identifying profitable real estate investments.

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Texas coast ports increase LNG tanker traffic through the expanded Panama Canal

Texas coast ports increase LNG tanker traffic through the expanded Panama Canal | Texas Coast Real Estate | Scoop.it

With 2017 marking the first full year since the $5 billion expansion of the Panama Canal, shipments of liquefied petroleum gas and liquefied natural gas combined marked one of the largest uses of the recently enhanced waterway, Ambassador Juan B. Sosa, consul of Panama, said Tuesday.

The transport of cargoes of LPG and LNG, largely from ports along the US Gulf Coast to markets in Asia, has had a "tremendous impact" on the total volume of cargoes transiting through the canal in the past year, Sosa said, speaking at a joint meeting of the American Petroleum Institute and American Association of Drilling Engineers in Houston.

The number of transits by LPG tankers almost doubled from 449 in fiscal year 2016 to 876 in fiscal year 2017, while the number of transits by LNG tankers jumped to 163 from 17 in the year-ago period, according to data from the Panama Canal Authority.

Together, there were 1,039 transits of LPG and LNG in fiscal year 2017, placing the combined total fourth in the number of transits, behind containerized cargo ships at 2,493 transits; dry-bulk vessels at 2,915 transits; and chemical tankers at 1,959 transits in the same period.

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South Padre Island seeks to become a cruise destination: Travel Weekly

South Padre Island seeks to become a cruise destination: Travel Weekly | Texas Coast Real Estate | Scoop.it
The Texas resort town has hired SPI Cruise Group, a partnership of four companies, to create a plan for port development, maritime operations and cruise marketing.
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Silicon Valley's mass migration of tech companies is going to Texas, says Redfin CEO

Silicon Valley's mass migration of tech companies is going to Texas, says Redfin CEO | Texas Coast Real Estate | Scoop.it
Amazon's search for a second headquarters is just the beginning of a Silicon Valley exodus, Glenn Kelman told CNBC.  

 

  • Redfin CEO Glenn Kelman predicted an accelerating shift away from coastal cities as homeowners seek to avoid the higher tax rates of the recently passed Republican tax bill.
  • Densely populated and pricey cities, he said, are already losing residents and businesses.
  • Cities like San Antonio and Houston are primed to be the new hubs, Kelman said.

 

Google and Amazon are leaving California, and the new talent favors lower housing prices. 

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FEMA Sells Disaster Trailers Cheaply Despite Victim Demand

FEMA Sells Disaster Trailers Cheaply Despite Victim Demand | Texas Coast Real Estate | Scoop.it
The Federal Emergency Management Agency briefly halted trailer sales following Harvey but resumed them in November, online records show
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Newsmaker of the Year: Port Aransas mayor Charles Bujan

Newsmaker  of the Year: Port Aransas mayor Charles Bujan | Texas Coast Real Estate | Scoop.it
As Port Aransas works to rebuild after Hurricane Harvey, the mayor has stood out as an example of the town's fighting spirit and resilience. 

 

Bujan (pronounced BOO-yahn) has lengthy ties to  the Mustang Island town that stretch back to the late 1800s. His family has lived here since 1885, when his grandfather, Matteo, moved to the area.

 

  • That was before the town itself was even established. He looks like a typical islander -often donning a worn ball cap with other casual comforts -  and would not be out of place on a fishing pier.
  • He's also known as Capt. Bujan because of his experience as a fishing guide.   
  • But that appearance has lately been mostly by necessity — Harvey's storm surge flooded his home, destroying the interior furniture and appliances, as well as clothing belonging to him and his wife, Sherri.

 

"I've gotten my closet back up again," he said with a laugh this past week. "But, I'm living in the kitchen of my house now while they work on it."  And Mother Nature continues to make her presence known.

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Port Aransas residents lack housing four months after Harvey

Port Aransas residents lack housing four months after Harvey | Texas Coast Real Estate | Scoop.it

Christmas Day marks the four month anniversary of Hurricane Harvey, and hundreds of people still do not know when they will have a permanent roof over their heads. 

 

Hundreds of other storm victims are in hotels, still displaced. In the entire Coastal Bend, but only 18 people have qualified for FEMA trailers.

 

  • Some people have given up and are already living on the beach in tents.
  • As they struggle to get into a permanent home, these families do not know how much longer FEMA will pay for transitional housing, like their hotel rooms. 

It the difference of between having a warm place to sleep, or being on the streets. 

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Port Aransas resident fed up with Texas Windstorm Insurance

Port Aransas resident fed up with Texas Windstorm Insurance | Texas Coast Real Estate | Scoop.it

Port Aransas residents are fed up with the Texas Windstorm Insurance Association (TWIA). One woman, Cherith Fenton, even put up a sign on the front of her house saying "Harvey Knocked Us Down But TWIA Keeps Us Down"

"All these years I've been paying insurance and I finally have to use it and they're not helping me."

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The 4 benefits of building a green home

The 4 benefits of building a green home | Texas Coast Real Estate | Scoop.it

Green homes create value 

  • Nationwide, the typical household spends about $2,150 on residential energy bills each year, but LEED-certified homes are designed to use about 30 to 60 percent less energy. 
  • Over the seven or eight years the typical family lives in a home, this adds up to thousands of dollars in savings. Levels of indoor air pollutants can often be four to five times higher than outdoor levels, and with people spending an average of 90 percent of their time indoors, the average American suffers from significant exposure to unhealthy indoor environments. LEED residential units provide significant value to consumers through dramatically improving upon these environmental health factors.
  • Green homes are built to be energy-efficient, ensuring that they can be comfortably heated and cooled with minimal energy usage. They are individually tested to minimize envelope and ductwork leakage and designed to minimize indoor and outdoor water usage.
  • Green homes are increasingly desirable. More than half of consumers rank green and energy-efficiency as top requirements for their next homes, and LEED certification is a top individual attribute of apartment rentals, second only to location near a central business district.
  • Green homes can be built for the same cost as—and sometimes less than—conventional homes. Average upfront costs of 2.4 percent are quickly recouped, as a homeowner will save money for the duration of his or her green home’s lifespan.
  • Green homes sell at higher prices and faster than comparable, conventional homes. According to a 2016 report, “What Is Green Worth? Unveiling High-Performance Home Premiums in Washington, D.C.," by real estate appraiser and author Sandra K. Adomatis and the Institute for Market Transformation, high-performing single family and multi-family homes with green features in Washington, D.C. will sell for 3.5 percent more than those without green features. 

Green homes are growing   

  • It is estimated that by 2018, the green, single-family housing market will represent about 40 percent of the market, and 84 percent of all residential construction will have sustainable features.
  • More than 370,105 residential units have earned LEED certification around the world, and this number continues to rise in countries like the United States., Canada, Saudi Arabia and China. Within the United States, states with the most LEED-certified homes include California, Texas, New York, New Jersey and Georgia.
  • The 2015 Green Building Economic Impact Study, released by USGBC and prepared by Booz Allen Hamilton, found that the residential green construction market is expected to grow from $55 million in 2015 to $100.4 million in 2018, representing a year-over-year growth of 24.5 percent.   

Green homes are healthier and safer

 

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UPS makes $41 million strategic cross-border investment in South Texas

UPS makes $41 million strategic cross-border investment in South Texas | Texas Coast Real Estate | Scoop.it

The Atlanta-based logistics giant announced development of a new package operations center to support commercial and residential commerce in the growing "North America Borderplex" between South Texas and Mexico.

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Buyers make offer on Yacht Club

Buyers make offer on Yacht Club | Texas Coast Real Estate | Scoop.it

A local man made an impassioned plea to the Port Isabel City Commission at a special meeting, stating his case to persuade the City to sell him the embattled and historic Yacht Club building.

 

Accompanied by his wife, Irma, and daughter, Laura, Ernesto Martinez addressed Mayor Juan Jose “J.J.” Zamora and Commissioners Martin C. Cantu, Carmen Rios and Martin Cantu Jr. Also present at the meeting was City Manager Jared Hockema and City attorney Gilbert Hinojosa.

 

  • Martinez prefaced his remarks by noting that the Yacht Club, built in 1926, should be expected to show wear and tear, but its current condition is, as Martinez described it, “pretty bad.”
  • “The Yacht Club has received extensive damage by water, to a point where most of it is probably rotted out. You also have an infestation of critters and fleas inside of it,
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Google experiments with local news and treason

Google experiments with local news and treason | Texas Coast Real Estate | Scoop.it

Do we want a few tech companies, (which are deceptively advertising platforms more biased than the efforts of political lobbying), to control nearly all the information we consume?

 

  • These companies are major contributors to the increasing wealth gap, hoarding massive wealth while both the government and middle class sink under massive debt, and worse, conspirators to treason.
  • Anyone can buy their favor, including foreign powers and enemies of the state,  just look at the continued Russian involvement in our election process, and who thinks they are the only ones, who else is doing this more covertly?   

   

Google is testing a tool called Bulletin that would allow anyone to publish local news stories and events, according to a report from Slate, which Google..

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Texas Not In the 10 most dangerous cities!

Texas Not In the 10 most dangerous cities! | Texas Coast Real Estate | Scoop.it

Texas has some of the safest cities!

 

Despite being on the US - Mexico border and all the media sensationalism about the so called "drug war" and presumed lack of safety, not one city in Texas made the 10 most dangerous Cities in the USA.

 

  • In fact, Texas' border cities are among the safest cities in the state, according to FBI statistics.
  • National media is notorious for sensationalizing disadvantaged areas like the south Texas border area for ratings, and this has been exaggerated in the digital era with traditional media's declining ratings and overall industry disruption.
  • This really is #Fakenews,  fortunately new information tools are coming available to help identify who's telling the stories and what their position is on the subject matter.

 

 

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South Padre Island wins hot spot title

South Padre Island wins hot spot title | Texas Coast Real Estate | Scoop.it

Canadians love South Texas Island life, and they’re spreading the word. 

 

South Padre Island was named a top 2018 beach vacation destination by magazine Canadian Traveler. It earned the prestigious title thanks to its affordability, eateries, entertainment and nature attractions.

 

Keith Arnold, director of South Padre Island Convention and Visitors Bureau, said Canada along with the Midwest are the Island’s biggest source of visitors. His office works hard to attract visitors from the United States’ neighbor to the north.

 

Canadians are a very important part of Winter Texans and visitors all year round.

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Trump plan would open nearly all the Gulf of Mexico to oil drilling

Trump plan would open nearly all the Gulf of Mexico to oil drilling | Texas Coast Real Estate | Scoop.it

About 60 million acres in the Gulf of Mexico could open to offshore oil and gas drilling.

 

Oil and gas production could reach an all-time high in the deep waters of the Gulf of Mexico this year as companies cut costs and spend less on exploration.

 

Gulf operators have dramatically cut costs in recent years and are pumping oil and gas more efficiently after adopting new automated drilling technologies, the firm said.

 

Although deep-water Gulf of Mexico has taken quite a beating over the last three years, the industry has clawed its way back to being competitive.

 
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New Port of Galveston director faces Texas coast challenges

New Port of Galveston director faces Texas coast challenges | Texas Coast Real Estate | Scoop.it

“Major projects are almost cost-prohibitive right now,” Trustee Elizabeth Beeton said. “We really need to sharpen our game with everything within our ability right now and hope that helps us get into a position where we can do bigger projects.

The Galveston County Daily News reports the Port of Galveston’s governing board voted 6-0 to hire Rees as the new director, agreeing to a yearly salary of $240,000 and ending nearly a yearlong search to find a replacement for former Port Director Michael Mierzwa.

Rees comes at a time when the city has increasingly become demanding that the port perform better financially and provide a better return on investment. After years of treating the port has merely a jobs creator, the city has recently demanded it become a revenue generator. Rees’ arrival also coincides with the city’s efforts to re-imagine the development of the port where it should plow its limited resources — the East or West ends.

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How the new tax law could affect your property value: NAR chief economist

How the new tax law could affect your property value: NAR chief economist | Texas Coast Real Estate | Scoop.it
Lawrence Yun, National Association of Realtors provides insight to the new tax code and its impact on housing.
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The Largest Vacation Rental Website You've Never Heard Of

The Largest Vacation Rental Website You've Never Heard Of | Texas Coast Real Estate | Scoop.it

Tripping.com has more listings than Airbnb and other sites combined. So...why haven't you seen it yet?

 

  • One search lets you filter, compare and sort all the available properties from the top vacation rental sites including HomeAway, VRBO, TripAdvisor, Booking.com and more.
  • When you use Tripping.com to plan your trip and book your vacation rental, you never have to wonder if you’re getting the best deal. 

 

Some people find the UI a bit difficult,

what do you think?

 

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Why Texas Has Its Own Power Grid

Why Texas Has Its Own Power Grid | Texas Coast Real Estate | Scoop.it

Basically, Texas has its own grid to avoid dealing with — you guessed it — the feds. But grid independence has been violated a few times over the years — not even counting Mexico's help during recent blackouts.

 

A year-end study by Zillow, the real estate website, revealed that U.S. home values soared in 2017 reaching a record $31.8 trillion.

Its list of the nation’s 35 largest markets included four Texas metropolitan areas that made impressive gains, notably Dallas-Fort Worth and Houston.

 

Property values increased more than rents.

For example, in Texas' leading market, Dallas, home values increased 12.3%, while rents increased 2.4%

 

Dallas-Fort Worth experienced one of the largest percentage gains of home values in the country, according to Zillow. The white hot housing market saw its stock values spike 12.3 percent, worth $517.8 billion this year.

 

Houston home values jumped a respectable 5.4 percent to reflect assets of $393.4 billion. Austin experienced a 7.8 percent increase, representing $174.7 billion in housing stock. San Antonio homes increased 7.1 percent translating into $125.4 billion.

 

Zillow also estimated that U.S. renters spent a whopping $485.6 billion in 2017, an increase of $4.9 billion from 2016.  

 

Dallas-Fort Worth renters paid $11.8 billion, up 2.4 percent from 2016. Houston rents totaled $10.3 billion, although renters decreased by 2.3 percent. In San Antonio renters shelled out a more modest $2.9 billion for housing. Rents also decreased in Austin by 2 percent totaling $3.9 billion.

 

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