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SPI Coastal Properties is the leading real estate agency on South Padre Island. Whether you’re interested in real estate as an investment, for retirement, or for a second home, we can offer you expert advice and guidance. We are happy to offer our real estate expertise to buyers and sellers on South Padre Island and the area communities of Bayview, Laguna Vista, Los Fresnos, Port Isabel, and South Padre Island Golf Course.
Real Estate
South Padre
Friday, May 09, 2008

The Real estate center of south padre island
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About TREC

The Real Estate Center of SPI
Recognizing the need for a one-stop-shop of real estate services, SPI Coastal Properties developed The Real Estate Center. This unique concept allows buyers and sellers access to multiple real estate services under one roof.

SPI Coastal Properties is South Padre Island’s go-to real estate agency. Our clients trust us. We are all licensed real estate agents who promise to give you the best service throughout your buying or selling process. When you’re looking for affordable coastal property, such as the beachfront lot of your dreams, you’ll want to contact SPI Coastal Properties Real Estate.

Owner Mary Phillip and her team will show you the finest properties on South Padre Island. Maybe you’re thinking about a small condominium for you to enjoy on your vacation and when you retire.  Or maybe you’re thinking about a larger place – an investment property or a permanent home for you and your family.  No matter what you're looking for, the experienced and knowledgeable realtors at SPI Coastal Properties will be pleased to help.
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The real estate advisor magazineOur Real Estate Advisor magazine is full of articles, real estate trends, and advice. Plus, it includes all the best listings for South Padre, Port Isabel, Laguna Vista, and the SPI Golf Course. Contact us to have a copy of the magazine mailed to you or click here to download a .pdf version.
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News
Real Estate News
Housing aid bill faces veto by President Bush (AP)

Two men walk by two homes for sale in Palo Alto, Calif., Wednesday, May 7, 2008. An industry group said Wednesday that pending U.S. home sales dropped to a new low in March, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. (AP Photo/Paul Sakuma)AP - Democrats' plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush's threatened veto and the backing of many congressional Republicans.


5/9/2008 6:56:58 AM
Real Estate News
German insurer Allianz 1Q net profit falls 65 percent (AP)
AP - German insurer Allianz SE said Friday first-quarter net profit fell 65 percent due to difficult market conditions as it wrote down $1.3 billion tied to the U.S. subprime crisis.
5/9/2008 7:34:46 AM
Real Estate News
Foreclosure Bargains on the Block (BusinessWeek Online)
BusinessWeek Online - At the end of 2006 a new 4,000-square-foot home with a three-car garage in a small gated subdivision in Las Vegas sold for $1 million. On May 6 the bank that owns the now foreclosed property at 7604 Noche Oscura Circle agreed to sell it for $500,000 ($32,900 below the already discounted asking price).
5/9/2008 8:08:41 AM
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