Marie Ferrier

Yes, I know, the obvious answer is a beach lover, but I'd like to get a little more specific geographically. SPI has long been a favorite of folks from Texas , including the Rio Grande Valley, San Antonio, Austin, and Dallas; from our neighboring states of Oklahoma, Arkansas; from the mid-west corridor of Missouri, Iowa, Minnesota, Nebraska, North Dakota, South Dakota, Kansas, Illinois, Wisconsin, Michigan, Indiana; Kentucky in the south; Montana, Wyoming, Idaho in the west. Over the last few years, our buyers have branched out more to include states from both the east coast and the west coast. Life and real estate on the Island and the surrounding areas also appeal to an international clientele, specifically Mexico and Canada with occasional purchases by Europeans and Scandinavians.

Our abundant natural resources draw visitors and ultimately buyers from a multitude of locations. We are a premier birding and wildlife destination and have immense appeal to those interested in a variety of water sports from surfing, to kite boarding, wind surfing and the list goes on. Our bay and gulf waters offer outstanding opportunities for anglers as well.

While our real estate market has slowed, we have not been as impacted as many other locales. A typical buyer will either be in search of a second home with an eventual hope to use it as a primary residence or will be an investor interested in acquiring the property as a short term rental vehicle.

Our prices have shown a small decline this year and offer some good opportunities for buyers considering diversifying their investments.

UPDATE- The Laguna Madre Water District Board awarded a contract to Jimmy Closner & Sons Construction Co. to install water and sewer lines to service properties located on the undeveloped, northern part of the Island. The lines will be extended to approximately 1 mile north of Beach Access #6. This is a significant infrastructure step to potentially open additional development along the Gulf of Mexico and the Laguna Madre Bay.