Jun 7, 2023

2301-2331 Hardee St Rockport, TX 78382

Property Site: https://tour.corelistingmachine.com/home/L4LDT7/2301-2331-Hardee-St-Rockport-TX-139839
This Rockport lot is part of a wetlands great to watch many migratory birds and perfect spot to feel the coastal breeze and build a casita or your RV spot. Convenient near 35 Bus across from the Cove Harbor area to launch your boat and easy access to Rockport's Downtown Arts , the Beach and shops.
Bathrooms: 0.00
Price: $80,000

For more information about this property, please contact Nelida (Neli) Spurrell at 361-727-5478 or neli@yourkeytothecoast.com. You can also text 7969444 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: https://nelispurrell.propertiesbyspearsandco.com


MLS ID: 139839

https://www.facebook.com/NeliSpurrellRealtor/ https://www.twitter.com/SpurrellNelida https://www.youtube.com/channel/UCFpVwwajCkYDZAOVMy6vlfw

May 18, 2023

Real Estate This & That with Neli Spurrell

 

Thinking of Buying?

Download my free eGuide covering the things to consider when buying a home.

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Thinking of Selling?

Download my free eGuide covering the things to consider when selling your house.

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May 3, 2023



 Happy May, friends!

Summer is almost here, and things are heating up! It's clear that the season of outdoor activities and events is upon us in Rockport, TX. 

With so many exciting things happening in our community this May, I wanted to take a moment to share some highlights with you 


Around Town May Events:

May 6-7

Nautical Flea Market

May 20

Lemonade Day 2023

May 12-13

Battle on the Bay Cookoff

May 19-20

CCA Babes on the Bay

May 27

Rockport Wine Festival

Chamber of Commerce May Events Calendar


Let's recognize some Amazing Moms this month! We are posting signs in the yards of some great mothers so everyone will know we think they are awesome. Read the article below to see how you can give us a hand and give one lucky mom a special treat at the end of May.

Thinking about selling or buying and don't know what the Rockport-Fulton real estate market is like this summer? Give me a call, let's get a plan for you... here some highlights year to date:

Rockport MLS

Real Estate Trends Year to Date

ROCKPORT-FULTON IS SELLING!!!!

The RCC treehouse project is SOLD!


Some properties is matter of finding the one future owner with a vision....


And we helped our sellers to close a chapter when we found the buyers who can make it lovely and start a new beautiful journey of endless lifetime memories ahead!


Bear's house is SOLD!


Once upon a time we had this 'bear' like sweet pup walking the neighborhood... This spring his humans had a life change to be closer to the grandbabies and we helped him to find the new owners for his lovely home and move North... Alexa will dearly miss you Bear and her humans will miss y'all! Stay in touch!

The lake cabin project by Copano Village was listed and sold in a few days... I could sell those all day, every day!!!

We are grateful for the opportunity.

When our clients ask for a good investment, we deliver... Many times is finding a trusted builder to design the coastal dream home many wish for but don't have the vision! Is a win-win!

Thanks to Derek & Dave building it, our sellers did it again!

As always, if you have any questions about these events or anything related to the local real estate market, please don't hesitate to reach out to me. I'm here to help make your experience in Rockport as enjoyable as possible.

If you would like to be in your VIP newsletter and events list, sign up texting 361-727-LIST(5478) the word "NEWSLETTER".



Have a wonderful month, and to all moms, Happy Mother's Day in advance!

Neli


Apr 17, 2023

Think Twice Before Waiting for Lower Home Prices

 

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy.

A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:

“U.S. home prices rose by 0.8% in February . . . indicating that prices in most markets have already bottomed out.”

And the latest data from Black Knight shows the same shift. The graph below compares home price trends in November to those in February:

 


 

So, should you keep waiting to buy a home until prices come down? If you factor in what the experts are saying, you probably shouldn’t. The data shows prices are increasing in much of the country, not decreasing. And the latest data from the Home Price Expectation Survey indicates that experts project home prices will rise steadily and return to more normal levels of appreciation after 2023. The best way to understand what home values are doing in your area is to work with a local real estate professional who can give you the latest insights and expert advice.

Bottom Line

If you’re waiting to buy a home until prices come down, you may want to reconsider. Let’s connect to make sure you understand what’s happening in our local housing market.

Apr 11, 2023

Two Reasons You Should Sell Your House

Two Reasons You Should Sell Your House


Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below):




Let’s break those reasons down and explore how they might 
resonate with you.

1. I Want To Take Advantage of the Current Market and Make a Profit

When you decide to sell your house, how much you’ll make from 
the sale will likely be top of mind. So, here’s some good news: according 
to the latest data, the average seller can expect a strong return on 
their investment when they make a move. ATTOM explains:

    “The $112,000 profit on median-priced home sales in 2022 
represented a 51.4% return on investment compared to the original 
purchase price, up from 44.6% last year and from 32.8% in 2020.”

Even though home prices have declined slightly in some markets, 
they’re still much higher overall than they were just a few years ago. 
To understand what’s happening with home prices in your area and 
the current value of your house, work with a local real estate professional. 
They can give you the best advice on how much you could gain if you sell this year.

2. My Home No Longer Meets My Needs

The average person has been in their house for ten years. 
That’s a long time when you think about how much may have 
changed in your life since you moved in. And typically, those changes 
have a direct impact on what you need in a home. 
Whether it’s more (or less) space, different features, or a 
location closer to your work or loved ones, your current house 
may no longer check all the boxes of what feels like home to you. 
If that’s the case, it could be time to work with a real estate agent to find a better fit.
Bottom Line

If you’re thinking about selling your house, there’s probably a 
good reason for it. Let’s connect so you can make a move that’ll 
help you accomplish your goals this year.


Mar 7, 2023

Could a Multigenerational Home Be the Right Fit for You?

 


During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR):

“Multi-generational buying may be a home where families live in the same home with elderly parents, children who have boomeranged back home, or other extended family members. While this is not a new concept of living, it is one which has gained recent popularity.”

And citing data from Pew Research Center, the Wall Street Journal (WSJ) says:

“. . . multigenerational living has made a comeback in recent years, particularly after the 2008 financial crisis and during the pandemic.”

So, if buying a multigenerational home has crossed your mind, you aren’t alone. Depending on what stage of homeownership you’re in, there are different reasons it could be the right fit. The chart below shows responses to a recent survey from NAR about the reasons people have bought a multigenerational home:

Whether your motives are financial or focused on the people you’ll share your home with, a multigenerational home has distinct advantages. It can make homeownership more affordable, and it can help you best support your loved ones. As Lautz explains:

“Multi-generational home buying is a way for families to care for one another, support one another, and often buy a home that may have been previously out of reach. . . . The trend of multigenerational buying appears to be firmly established and one that could expand in the future.”

Bottom Line

If you’re ready to buy a house, consider the opportunities of a multigenerational home. Let’s connect so you can explore your options in our area.

 

Feb 6, 2023

The Top Reasons for Selling Your House

 

“Sellers who don’t have to move won’t be moving. The most common sellers will be: Homeowners downsizing . . . people moving to get more space, [households] looking for better schools…etc.” RealTrends
So, if you’re on the fence about selling your house, consider the other reasons homeowners are choosing to make a move. The (NAR) breaks down why homeowners have decided to sell over the past year. Contact me if you are ready to sell. I can help.


 
Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started coming down from last year’s peak, they’re still higher than they were a couple of years ago.

Today, 93% of outstanding mortgages have a rate at or below 6%. That means a strong majority of homeowners with mortgages have a rate below what they’d get if they moved right now. But if you’re a homeowner in that position, remember that mortgage rates aren’t the only thing to consider when making a move. Your mortgage rate is important, but there are plenty of reasons you may still need or want to move. RealTrends explains:

“Sellers who don’t have to move won’t be moving. The most common sellers will be: Homeowners downsizing . . . people moving to get more space, [households] looking for better schools…etc.”

So, if you’re on the fence about selling your house, consider the other reasons homeowners are choosing to make a move. A recent report from the National Association of Realtors (NAR) breaks down why homeowners have decided to sell over the past year:

The Top Reasons for Selling Your House | Simplifying The Market

As the visual shows, the most commonly cited reasons for selling were the desire to move closer to loved ones, followed by moving due to retirement, and their neighborhood becoming less desirable. Additionally, the need for more space factored in, as did a change in household structure.

If you also find yourself wanting a change in location or needing space your current house just can’t provide, it may be time to sell.

What you want and need in a home can be reason enough to move. To find out what’s right for you, work with a trusted real estate professional who will offer advice and expert guidance throughout the process. They’ll be able to lay out all your options – giving you what you need to make a confident decision.
Bottom Line

When deciding whether or not to move, you have a lot to consider. There are plenty of non-financial reasons to factor in. Connect with a local real estate professional who can help you weigh the benefits of selling your house.

Jan 11, 2023

  Today’s Housing Market Is Nothing Like 15 Years Ago

 There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. 

 
In the latest Real Estate Forecast Summit, Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), drew the comparisons below between today’s housing market and the previous cycle: Read more https://bit.ly/3GVTINt
Contact me to discuss the current market.

 


 

2301-2331 Hardee St Rockport, TX 78382

Property Site: https://tour.corelistingmachine.com/home/L4LDT7/2301-2331-Hardee-St-Rockport-TX-139839 This Rockport lot i...