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Rockport Area Market Conditions Report

Key Allegro has put the Rockport-Fulton area in demand for second home buyers in the Lone Star State and beyond. Unfortunately, there is limited potential for new homes on the island; However, new developments are sprouting in the Rockport-Fulton area making it a growing real estate market largely untapped in potential compared to many coastal markets--an attractive prospect for retirement options or investment property.

Rockport has seen a steady but slow housing appreciation that is the least affected by seasonal factors most likely due to the fact that a large percentage of the population live in the area year round.

This small community is a hot destination for anglers, offering superb fishing year round, and all this with the Gulf of Mexico only a hard cast away. The area attracts retirees and bird watching enthusiasts nationwide. Its relaxed waterfront atmosphere has influenced the artistic flair present in the area.



Top Rockport Area Internet Traffic Sources Jan 2007

In addition to the local factors, there are statewide factors that are also influencing the Rockport-Fulton real estate market:
  • Strong Second Home Interest from Baby Boomers
  • Housing Affordability 1/2 of that of California & Florida
    • "Texas' lower cost of living is drawing retirees from Florida and California," said Charles F. Longino Jr., author of Retirement Migration in America. "They're selling their $500,000 houses, buying $250,000 homes in Texas and putting the rest into their retirement nest eggs."
  • Major Capital Investments planned by the State

See the Texas Gulf Coast Market Conditions report card athttp://www.texasgulfcoastonline.com/Sales.aspx for more information.

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