News
Bolivar Real Estate and Local News

Current Articles | Categories | Search | Syndication


Texas Frog Fest - Read more...
40 Years and Counting by Georgia Osten - Read more...
Get More Money from Your Insurance Co - Read more...
12th Annual Peninsula Bike Drive Christmas - Read more...
Shrimp - The Perfect Choice - Read more...
Crystal Beach is Open and Water is Safe - Read more...
Mardi Gras 2010 Theme Contest - Read more...
Bolivar is Back Anne Willis and Commissioner Doyle Interviews - Read more...
Texas Crab Festival and Stingaree Music Festival in May - Read more...
Bolivar Peninsula Now Has Its Own Recovery Committee - Read more...

Previous Page | Next Page

A critical error has occurred.
Value cannot be null. Parameter name: String

News Feeds
Free App Friday: 5 Home Improvement Tools For Putzers And Pros Alike
29 Jan 2015
Whether you have no business even owning tools or you dream in blueprints, there's a house-augmenting app for everyone.

Michael Stuart's insight:

1. Make sure Houzz Interior Design (Android, iOS) has a spot in your collection.

The app merely features ideas by way of some four million photos of rooms in houses that are far nicer than yours, along with products to buy, ideabooks to flip through and project articles to read.

2. If you want to paint before actually painting

Take Paint Harmony (Android, iOS) for a spin. You take a photo of the room you're looking to recolor and the app lets you slap a virtual coat of paint on the walls.

3. If you're tackling a big remodel

Load up PlanGrid (Android, iOS). The app stores all your blueprints, letting you create punchlists and track issues room by room. You can attach photos to each room, along with accompanying descriptions of what needs to be done (or fixed).

4. If you want to lighten your tool belt somewhat

Multi Measures (Amazon, Android) might do the trick. The app sports 12 measurement tools, including a compass, a sound meter, a stopwatch, and even a vibration-sensing seismometer.

5. If you know better than to do it yourself

Use Smith (Android, iOS) to hire someone who knows what the hell they're doing. You snap a few photos or shoot some quick video of the work you need done, and the service collects bids from pre-screened contractors.

What thrived and dived during the Texas coast recession?
28 Jan 2015

What thrived during the Texas coast recession is a story how two developers came out smelling like a rose.

Lessons learned from two “high-end real estate project developers” that thrived during the worse recession and storms to hit the Texas coast in history. A silver lining from the unfortunate times the region experienced from 2008 to 2012, and a testimony to enduring value.


At TexasGulfCoastOnline.com we have a criteria list we use to determine the rare and remarkable projects on the Texas coast.


Here is how we pick them:

  • The properties being built, as well as the location, have to be rare and unique.
  • The owners and developers of the projects must be reputable and solidly financed.
  • An impressive amenities package must be offered both in the individual homes as well as the community – and must exceed what is already available in the local area.
  • A good marketing plan and sales operation team must be in place to ensure the project’s success.
  • The project must not have major erosion and insurance issues.
  • The project should have energy efficient and storm resistant features.
  • The project design and price range should fit with the buyer profile for the area, and its surrounding properties.
  • The project and personnel must be in good standing with the local community.
  • The project must have sound market fundamentals such as rental income vs. price and supply vs. demand, predicting a safe investment.

The only two high-end developers and their projects that thrived during the hard times:

The projects that didn’t do so well and why :
  • Laguna Harbor, Port Bolivar – highly leveraged | project stalled
  • Biscayne, Crystal Beach – lack of interest by owner | project stalled
  • Beachtown, Galveston – east side location price mismatch | project stalled
  • Palisade Palms, Galveston – east side location price mismatch | auctioned
  • Emerald By Sea, Galveston – highly leveraged | bank owned
  • Diamond Beach, Galveston- highly leveraged | bank owned
  • Point West, Galveston – detached ownership and remote location | project stalled
  • Palmilla Beach Resort and Golf Club, Port Aransas - detached ownership, golf course | project stalled
  • Sapphire South Padre – highly leveraged | bank owned
  • South Padre Island Golf Club – detached ownership, golf course | project stalled


Projects that completely failed and the main reasons why:

  • Avocet, Crystal Beach – lacked leadership and highly leveraged
  • Sanctuary at La Costa Grande, Port Lavaca – detached ownership, remote location and marketing gimmicks
  • Tortuga Dunes, Mustang Island – federally uninsured location in CBRA zone
  • Pirates Cove, Port Isabel – priced too high for location


Winning High-end Real Estate Project Takeaways
  • Great development leadership
  • Good location / value
  • Solid Market Fundamentals
  • Strong Financial Backing
  • Commitment to local community
  • High-rises & Inclusive Resorts

Losing High-end Real Estate Project Takeaways

  • Inexperienced developer
  • Location price mismatch
  • Problem with Market Fundamentals
  • Highly leveraged project
  • Environment issue
  • Coastal Golf courses
Schlitterbahn closer to opening in Corpus
21 Jan 2015
Schlitterbahn Waterparks is lining up financing for a waterpark on Padre Island in Corpus Christi now that the city council there has approved a $117.2 million tax incentives plan for a 574-acre development featuring a Schlitterbahn park. While permitting and infrastructure improvements for the Corpus Christi development are moving forward, Jeffrey Siebert, a Schlitterbahn spokesman, said the company could not discuss details of its facility until its financing has been approved.

Michael Stuart's insight:

Initial reports said it would be a $41 million park capable of handling at least 3,000 visitors. Interim Corpus Christi Assistant City Manager Toby Futrell said Schlitterbahn hoped to open the park's first phase next summer. A second phase may follow.

Energy Projects Fueling a Prosperous Texas Coast
26 Jun 2011 New pipelines, offshore rigs, port expansions and wind farms bring additional prosperity to the Texas coast
Read the National Association of Realtors report on Second Homes
13 Apr 2011 The share of home buyers purchasing second homes remained steady compared to the year before according to an annual report from the National Association of Realtors
Ten simple ways to get a discount on your homeowners insurance premiums
11 Mar 2011 Flood insurance is available to renters, homeowners and business owners through approximately 90 insurance companies in more than 21,000 participating communities nationwide.
Page 1
Free App Friday: 5 Home Improvement Tools For Putzers And Pros Alike
29 Jan 2015
Whether you have no business even owning tools or you dream in blueprints, there's a house-augmenting app for everyone.

Michael Stuart's insight:

1. Make sure Houzz Interior Design (Android, iOS) has a spot in your collection.

The app merely features ideas by way of some four million photos of rooms in houses that are far nicer than yours, along with products to buy, ideabooks to flip through and project articles to read.

2. If you want to paint before actually painting

Take Paint Harmony (Android, iOS) for a spin. You take a photo of the room you're looking to recolor and the app lets you slap a virtual coat of paint on the walls.

3. If you're tackling a big remodel

Load up PlanGrid (Android, iOS). The app stores all your blueprints, letting you create punchlists and track issues room by room. You can attach photos to each room, along with accompanying descriptions of what needs to be done (or fixed).

4. If you want to lighten your tool belt somewhat

Multi Measures (Amazon, Android) might do the trick. The app sports 12 measurement tools, including a compass, a sound meter, a stopwatch, and even a vibration-sensing seismometer.

5. If you know better than to do it yourself

Use Smith (Android, iOS) to hire someone who knows what the hell they're doing. You snap a few photos or shoot some quick video of the work you need done, and the service collects bids from pre-screened contractors.

What thrived and dived during the Texas coast recession?
28 Jan 2015

What thrived during the Texas coast recession is a story how two developers came out smelling like a rose.

Lessons learned from two “high-end real estate project developers” that thrived during the worse recession and storms to hit the Texas coast in history. A silver lining from the unfortunate times the region experienced from 2008 to 2012, and a testimony to enduring value.


At TexasGulfCoastOnline.com we have a criteria list we use to determine the rare and remarkable projects on the Texas coast.


Here is how we pick them:

  • The properties being built, as well as the location, have to be rare and unique.
  • The owners and developers of the projects must be reputable and solidly financed.
  • An impressive amenities package must be offered both in the individual homes as well as the community – and must exceed what is already available in the local area.
  • A good marketing plan and sales operation team must be in place to ensure the project’s success.
  • The project must not have major erosion and insurance issues.
  • The project should have energy efficient and storm resistant features.
  • The project design and price range should fit with the buyer profile for the area, and its surrounding properties.
  • The project and personnel must be in good standing with the local community.
  • The project must have sound market fundamentals such as rental income vs. price and supply vs. demand, predicting a safe investment.

The only two high-end developers and their projects that thrived during the hard times:

The projects that didn’t do so well and why :
  • Laguna Harbor, Port Bolivar – highly leveraged | project stalled
  • Biscayne, Crystal Beach – lack of interest by owner | project stalled
  • Beachtown, Galveston – east side location price mismatch | project stalled
  • Palisade Palms, Galveston – east side location price mismatch | auctioned
  • Emerald By Sea, Galveston – highly leveraged | bank owned
  • Diamond Beach, Galveston- highly leveraged | bank owned
  • Point West, Galveston – detached ownership and remote location | project stalled
  • Palmilla Beach Resort and Golf Club, Port Aransas - detached ownership, golf course | project stalled
  • Sapphire South Padre – highly leveraged | bank owned
  • South Padre Island Golf Club – detached ownership, golf course | project stalled


Projects that completely failed and the main reasons why:

  • Avocet, Crystal Beach – lacked leadership and highly leveraged
  • Sanctuary at La Costa Grande, Port Lavaca – detached ownership, remote location and marketing gimmicks
  • Tortuga Dunes, Mustang Island – federally uninsured location in CBRA zone
  • Pirates Cove, Port Isabel – priced too high for location


Winning High-end Real Estate Project Takeaways
  • Great development leadership
  • Good location / value
  • Solid Market Fundamentals
  • Strong Financial Backing
  • Commitment to local community
  • High-rises & Inclusive Resorts

Losing High-end Real Estate Project Takeaways

  • Inexperienced developer
  • Location price mismatch
  • Problem with Market Fundamentals
  • Highly leveraged project
  • Environment issue
  • Coastal Golf courses
Schlitterbahn closer to opening in Corpus
21 Jan 2015
Schlitterbahn Waterparks is lining up financing for a waterpark on Padre Island in Corpus Christi now that the city council there has approved a $117.2 million tax incentives plan for a 574-acre development featuring a Schlitterbahn park. While permitting and infrastructure improvements for the Corpus Christi development are moving forward, Jeffrey Siebert, a Schlitterbahn spokesman, said the company could not discuss details of its facility until its financing has been approved.

Michael Stuart's insight:

Initial reports said it would be a $41 million park capable of handling at least 3,000 visitors. Interim Corpus Christi Assistant City Manager Toby Futrell said Schlitterbahn hoped to open the park's first phase next summer. A second phase may follow.

Energy Projects Fueling a Prosperous Texas Coast
26 Jun 2011 New pipelines, offshore rigs, port expansions and wind farms bring additional prosperity to the Texas coast
Read the National Association of Realtors report on Second Homes
13 Apr 2011 The share of home buyers purchasing second homes remained steady compared to the year before according to an annual report from the National Association of Realtors
Ten simple ways to get a discount on your homeowners insurance premiums
11 Mar 2011 Flood insurance is available to renters, homeowners and business owners through approximately 90 insurance companies in more than 21,000 participating communities nationwide.
Page 1
Tell your friends!
Tides
Contact

Swedes Real Estate Logo

Swede's Real Estate
Physical Address: 2840 Hwy 87

Mailing Address: Po Box 1158

Crystal Beach, TX 77650

Phone 409-684-3345

Sitemap

Anne Willis Broker


Your Crystal Beach Bolivar Peninsula - Beach Property Expert - a member of the TexasGulfCoastOnline network

Swedes Real Estate Logo

Swede's Real Estate
Physical Address: 2840 Hwy 87

Mailing Address: Po Box 1158

Crystal Beach, TX 77650

Phone 409-684-3345

Sitemap

Anne Willis Broker


Your Crystal Beach Bolivar Peninsula - Beach Property Expert - a member of the TexasGulfCoastOnline network