Volume 13, Issue 11: May 2021
BOERNE business monthly
Giving Patients Back Their Quality of Life through Orthopedic Care
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BOERNE POLICE FOUNDATION: PROVIDING SUPPORT FOR LOCAL LAW ENFORCEMENT BE FINANCIALLY PREPARED IN THE EVENT OF LOSING A LOVED ONE LOCAL NEWS & INFO
If your business is constantly evolving, your technology should be, too. Keeping up with technology can be a full-time job. Let GVTC’s technology experts evaluate your communication services to ensure you are staying competitive and using your technology dollars wisely. Our FREE Business Technology Evaluation includes: • Audit of all technology services • Assessment of Internet usage/speeds • Testing of connections, ports & routers • Recommendations for maximization
Maximize efficiency—and profits. Schedule a technology evaluation at
800.367.4882 or GVTC.COM
114 E. Highland Dr. Boerne, TX 78006 210.526.0057 | 1.888.511.1211
• Financial Planning • Investment Management • Tax Planning & Preparation
• Estate Planning • Charitable Giving • Family Office Services
COVENANTMFO.COM CREATINGRICHERLIVES.COM
SAN ANTONIO | BOERNE | DALLAS | OKLAHOMA CITY boernebusinessmonthly.com
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publisher's note May is here and for those of you with kids in school, you know that the countdown to summer vacation has officially begun! Warmer temperatures mean more fun things to do in and around Boerne! The local calendar of events is filled with all sorts of concerts, movies in the park, and activities to inspire the whole family to get out and enjoy the great Texas hill country! Be sure to check out the Calendar of Events starting on page 10. As always, if your business or organization has an event that you would like to add to our calendar please feel free to let us know about it! This month we feature Orthopedic Performance Institute. This fantastic team of doctors are committed to keeping their patients in motion! They are passionate about providing a better quality of life through both surgical and non-surgical care. Read all about OPI starting on page 16. Also in this issue, John Eadie of Covenant shares with us the importance of being financially prepared in the event of a loved one passing away. He helps us to understand the steps you can take now to ensure peace of mind should this happen. We also wanted to help spread the word about the Boerne Police
Foundation. This local organization helps to provide support for our local police officers. Check out the article on page 28 and visit their website if you would like more information on how you can get involved! I hope you all enjoy this May issue of Boerne Business Monthly. Oh, and don’t forget to celebrate your MOM this Mother’s Day! There are tons of great local restaurants to take her to and be sure to shop local and buy her something really special from one of our fantastic Boerne businesses!
Lauren Stumberg Owner/Publisher
A Culinary Experience in the Comfor t of Your Own Home
BOOK A PERSONAL CHEF
SERVING THE INSURANCE NEEDS OF THE HILL COUNTRY & SOUTH TEXAS COMMERCIAL – BUSINESS – BENEFITS – BONDS HOME – AUTO – FARM & RANCH – & MORE
(979) 542-3666 WWW.THENITSCHEGROUP.COM PROUDLY INSURING TEXANS SINCE 1949
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B oerne B usiness M onthly | May 2021
Schedule a Call Today!
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211 S. Saunders St. Boerne, TX 78006 Hormone & Food Sensitivity Testing Pharmaceutical Grade Supplements Prescription Compounding Wellness Consultations
AnniesRx.com 830-981-4774 Kendall County's ONLY accredited compounding pharmacy
Gourmet Paninis & Grilled Cheese Sandwiches • Fresh Salads • Breakfast • More!
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Come See Us! 31007 IH-10 in Boerne MONDAY - FRIDAY 7:00 am - 2:00 pm
Look for us at Boerne Market days on May 8th and 9th!
View Our Full Menu at
CheesyGsGrill.com
heezy G’s Grill is a family owned and operated food trailer in historic Boerne, Texas. Our family has always enjoyed grilling and spending time together over good food. We have taken our favorite madefrom-scratch sandwiches enjoyed by friends & family and decided to serve the best of them on a daily basis. Our owner and operators include a proud USAF veteran with over 30 years of restaurant experience and a lifetime Boerne native with over 25 years business experience who remembers “days of old” when Boerne only touted two dining choices. We look forward to interacting with our customers and feel blessed by everyone who chooses Cheezy G’s. We know you have many choices and it means the world to us for you to get out of your car and allow us to make you something you’ll love!
BOOK OUR TRAILER FOR TEACHER APPRECIATION EVENTS, GRADUATION PARTIES, WEDDINGS, BIRTHDAYS, BLOCK PARTIES, COMPANY EVENTS AND MORE!
Boerne’s 1st Grilled Cheese and Panini Food Truck boernebusinessmonthly.com
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May contents 08
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08: finances
Be Prepared
by John D. Eadie CPA, CFA, CFP®, PFS, CLU®, CIMA, CKA® Founder and Managing Director – Covenant, a Registered Investment Advisor
10: calendar 14: ribbon cuttings 16: cover feature
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Orthopedic Performance Institute: Giving Patients Back Their Quality of Life Through Orthopedic Care
22: scholarships
GVTC and The GVTC Foundation Award $185K in Scholarships to Local Students
26: development
Unified Development Code Zoning Updates, Open House Planned
28: nonprofit
Boerne Police Foundation: Providing Support for Local Police Officers
30: real estate
Texas Existing Home Sales Rebound in March, but Supply-Side Constraints Persist
cover photo by: Pritchett Photography Boerne Business Monthly is published by Distinct Media, LLC, copyright 2021. Reproduction is strictly prohibited without prior consent of the publisher. Opinions expressed in Boerne Business Monthly are those of the writers or sources and do not necessarily represent the views of the publisher, nor do they constitute the endorsement of products or services herein. Although the information and recommendations in this publication have been compiled from sources believed to be reliable, Boerne Business Monthly makes no guarantee as to, and assumes no responsibility for, the correctness, sufficiency or completeness of such information and recommendations.
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B oerne B usiness M onthly | May 2021
The Cottage Door
BECAUSE MOM DESERVES SO MUCH MORE THAN JUST ONE DAY...
WE’RE CELEBRATING HER
All Month Long! MAY MOTHER’S DAY SPECIAL: MICR ODERM FACIAL WITH A VITAMIN C BRIGHTENING MASK – $65.00 (SPECIAL PRICING GOOD THROUGH MAY 31, 2021)
GIFT CARDS AVAILABLE!! 103 E. Kronkosky – Boerne | (210) 570-5416 | www.thecottagedoor.info FOLLOW US ON INSTAGRAM & FACEBOOK
boernebusinessmonthly.com MONDAY, TUESDAY, FRIDAY & SATURDAY OPEN UNTIL 5:00PM – WEDNESDAYS & THURSDAYS OPEN UNTIL 8:00PM!
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finances
BE PREPARED
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by John D. Eadie
CPA, CFA, CFP®, PFS, CLU®, CIMA, CKA® Founder and Managing Director – Covenant, a Registered Investment Advisor
The old Boy Scout motto is the best advice possible when having to deal with the financial implications of losing a close loved one. I can speak firsthand to this as I recently lost my wife of almost thirty-seven years. I am in the business of being financially prepared for anything and I have still been overwhelmed with the number of tasks that need attention at this challenging time. CAN YOU ANSWER THESE TWO QUESTIONS? 1. Do you know where all the important estate documents are located? 2. Would you know what to do if your loved one passed away suddenly? If the answer to either one is “No”, then please gather your family and meet with your advisor as soon as possible. Being prepared for the possibility of sudden loss can ease an already tremendous burden and simplify difficult responsibilities. While there are many, many things that need to be done when a loved one passes, we will stick to the financial ones here as those are challenging enough. Because we all tend to put off complex tasks when they don’t affect our present life, I would encourage you to be honest with yourself about your level of preparedness if tragedy were to strike today. ORGANIZATION Getting organized is the best advice I can give to anyone. Whether it is for general financial purposes or being prepared when a death takes place, early and frequently updated organization will make everything easier for you and the family in this difficult time. Coordinating with your attorney is a great starting point to assure you have current lifetime documents like wills, trusts, and powers of attorney. But there are a lot of other documents you may need access to so you can retitle assets or reposition bank or investment holdings. For example, you don’t want to be in a position where you cannot get access to cash simply because those accounts are not in your name. Life insurance policies, credit cards, safe deposit box information, account passwords, automobile titles, burial instructions, are just a few of the documents to which
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you should have easy access. Other family members should know those documents exist as well, such as an oldest child. Be prepared and get organized. At Covenant, we have organizational tools such as our “Document Location Record” to help simplify the process. PROBATE & EXECUTORS One of the first things you will need to do is get plenty of death certificates and go through the probate process. Probate is simply the proving of the will. You will likely need 10-20 death certificates depending on the complexity of your financial situation. The probate process requires getting your estate attorney involved so he or she can represent you in probate court. The initial part of probate involves making the court aware so they can affirm the executor of your estate and issue Letters Testamentary. The Letters Testamentary are the legal document allowing the executor to do their job. Once you have these documents and an executor is in place, you can really start getting tasks accomplished as authority has been legally granted to do so. Now the work begins, particularly if you are the executor of the estate. Being an executor is a lot of work, so when setting up your lifetime documents, be sure you understand everything involved with being the executor of an estate or even the trustee of any trusts created in those documents. As executor, you will be responsible for retitling assets, moving money around based on the provisions in the will or trust documents, having the estate tax return filed if necessary, and keeping the family informed of all that is taking place. And understand, family will want to know what is going on. As executor, you will also be responsible for creating an inventory of all assets and debts of the deceased so that information can be submitted as a part of the probate process. This information will also be needed for your tax preparer to use in completing the estate tax and/or estate income tax returns; even more reason to be organized in advance. If trusts are created either before or after death and you are the trustee of those trusts, you will have ongoing responsibility for managing these entities. Trustees must invest trust assets, make distributions according to the trust document, file tax returns, and take care of all the administrative tasks associated with the trust. There are many more tasks and financial responsibilities that may arise when a loved one passes away and I am right in the middle of all of this. My best advice is be prepared. If you are not, or are unsure if you are, take some time today to set up a time with an advisor who can walk you through the process in even more detail. The more prepared you are, the more present you can be during the grieving process for the sake of your family and yourself. BBM John is the founder and a managing director of Covenant. In his several leadership roles with Covenant, John serves as the firm’s CEO, chief wealth advisor, and leads all client service efforts. John has lengthy experience assisting families with their investment, income tax, wealth transfer planning, family governance and philanthropic strategies. Throughout his career, John worked with Fortune 500 executives to assess and implement complex compensation strategies—including deferred compensation, restricted stock, stock option, and other employee benefit planning. John was named a Barron’s 2012 and 2013 Top 100 Independent Financial Advisor. He has also been recognized since 2012 as a Five Star Wealth Manager. Earlier in his career, John was named by Worth magazine as one of the Top 100 Wealth Advisors in the country.
creatingricherlives.com |
The contents of this article are provided for informational purposes only. It is not an exhaustive list and is not intended to provide any legal or tax advice. Please consult your respective legal, tax and financial advisor before taking any action.
B oerne B usiness M onthly | May 2021
Serving the Texas Hill Country Since 1916
103 N. Saunders St. – Boerne (830) 816.2131
Our goal at Kendall County Abstract Company is to be the premier title company in Kendall County. We provide real estate closing services and title insurance to both individuals and businesses. All work and research is done in-house at our office. When you have questions and are looking for high quality, we are ready to serve your needs.
Instant Estimates. Easier Than Ever. From Title Quotes, to Seller Net Sheets and Buyer Estimates. Visit KCAC.net to DOWNLOAD MOBILE APP
Ashlee Pfeiffer Escrow Officer ashlee@kcac.net
“Where experience and service make the difference”
BOERNE PROPERTIES FOR LEASE: 745 W. SAN ANTONIO AVE.
215 WATER STREET
Awesome location for your Boerne office, 1 block off South Main Street off W. Bandera and Water Street. Single story office with approx 2490 sf with multiple offices, reception area; Conference areas, Kitchen, bathroom; perfect for the CPA, Attorney, Insurance Agency, Real Estate, Financial Advisors, etc. The space could be reduced to 2,000 sf if needed. Good parking available, some signage available with city approvals. The restored wood floors and character make this a wonderful atmosphere.
128 W. BANDERA RD: 1,000 SF
Central Boerne Location for your business, Located One Block off S. Main street, this is an awesome location close to banks, Stores and restaurants. There are two spaces at this address: 1,000 sf shell to be built out and approx 2240 sf (MRI NOW) space available soon (call agent for details). Perfect location for Mortgage Co, CPA, Real Estate, Medical facility, Salon, etc. Call for more details on both spaces.
124 E. BANDERA, STE 401: HILL COUNTRY PLAZA LEASE SPACE
Great Location with 1278 sf. Location at Main St. (Hwy 87) and E. Bandera (Hwy 46) is High traffic and Great visibility! Superior access, Signage available and ample Parking per Unit. Maintenance of all common areas and Landscaping. Call now for Prime Location in Boerne. LL to provide TI $ with Agreed upon Lease.
This Building has 2,798 sf of available Lease space adjacent to Dr. Sorace a Mohs Surgeon. Great location for Family Practice, Head & Neck Physician, Dermatologist, ENT Doctor or Any Professional Service Organization. Plenty of Parking, separate Entrances, Common Bathrooms, Common Areas for Employees to enjoy the Quiet backyard adjacent to Creek. Call for your Private Viewing. Remodel allowance is negotiable with Lease Terms.
34910 IH10 WEST, SUITE 500
This Building has 1,160 sf of available Lease space with great visibility off IH 10 West in Boerne, Texas. Great location for Family Practice, Head & Neck Physician, Chiropractor; Dermatologist, ENT Doctor or Any Professional Service Organization, 2 Exam Rooms, 2 with Sinks, good storage areas,1 Bathroom, Alarm system; good signage available at $150 per month visible from IH 10 W Frontage road entering Booming Boerne, TX.
35 RUST LANE: OFF E. HWY 46
Located Minutes from Downtown Boerne this is “Build To Suit” Lease opportunity for a Business needing Office- Warehouse space for their Business. 10,000 sf Pad in place. Also, available is 10,000 existing Pole Barn for a Business needing space for Auto Storage, Auto Body Repair, many other uses available. In addition; the Existing Building/ warehouse is available; with 2000 SF for office and 11,000 sf of warehouse space with overhead doors.
Armando Muzquiz Managing Partner 210-412-1607 Hablo Espanol
Tony Mangus, Managing Partner 210-413-8229
GIVE US A CALL, WE’LL HELP YOU FIND JUST THE RIGHT PROPERTY FOR YOUR BUSNESS!
www.MangusRealty.com
140 E. Bandera Street | Boerne, Texas 78006 | At the Corner of Schweppe Street
SIDENTIAL-LAND-COMMERCIAL
the Fair Oaks Ranch, Boerne and IH-10 Corridor, our Goal is to Provide Impeccable Service, Excellent Communication and the Best Results for your Real Estate Needs!
boernebusinessmonthly.com
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MAY
Calendar of Events RECEPTION FOR O.W. LEE CO. 1:30pm to 2:00pm 1206 Fifth St. – Comfort
EVERY SATURDAY A DAY AT THE FARM 9:00am to 1:00pm Historic Herff Farm | 33 Herff Rd – Boerne The Farmers Market at the Herff Farm is an open-air farmers market on the historic Herff Farm.You can buy products directly from local growers, ranchers, and crafters on a beautiful historic German farmstead in the Texas Hill Country. Explore their fenced gardens, pollinator meadow, and trails, and see the historic limestone Herff House.They have events and programs throughout the year during the market including Yoga and Barre-Blend outdoor fitness classes, a monthly gardening workshop, Little Explorers outdoor adventures for young children, guided hikes, live music, and more!
MAY 5 GBCC RIBBON CUTTING FOR BOERNE LIFESTYLE 5:30pm to 6:00pm Richter Tavern | 153 S. Main St. – Boerne MAY 7 MOVIE IN THE PARK: TOY STORY 4 7:00pm to 10:00pm | Main Plaza Park Bring a blanket or some chairs, pack a picnic or find some yummy treats near by from one of the food trucks at the event, kick back and enjoy the movie.
EVERY THURSDAY MARKET AT TUSCULUM 4:00pm to 8:00pm | Tusculum Brewing Company 236 S. Main – Boerne,Texas Tusculum Brewing Company includes a brewery, taproom, and light fare! They offer beer made in house, sourced wine, champagne and cider.
MAY 7-8 ART WADDLE Friday: 4:00pm to 8:00pm; Saturday: 10am to 4:00pm Historic Downtown Boerne approved Main Street locations and the "Flats" The Annual Boerne Art Waddle is a casual fine art walk in local neighborhood, "The Flats" and historical Hauptstrasse. Proceeds support the Cibolo Center for Conservation's Kid's Summer Art Camp and the Hill
MAY 4 GBCC RIBBON CUTTING AND WELCOME
Country Council for the Arts. All contributions go to support: Scholarships for children to attend the Cibolo Nature Center & Farm Summer Art Camp. MAY 8 & 22 BLUEGRASS JAM AT THE AGRICULTURAL 11:00am to 1:00pm The AgriCultural Museum 102 City Park Road – Boerne Every second and fourth Saturday of the month, bring your instrument and play along, or just come to listen to the Bluegrass Jam at The AgriCultural! This event is free and open to the public. MAY 8 & 22 KUHLMANN-KING MUSEUM TOUR + SAUERKRAUT MAKING 12:00pm to 3:00pm 402 E. Blanco Road – Boerne The Kuhlmann-King house gives the public the opportunity to step back in time to see what a historic Boerne home looked like "way back when". What kept those early German residents strong? Sauerkraut! Enjoy a demonstration of the art of sauerkraut making. German bratwurst will be available for a donation to go along with the Kuhlmann King sauerkraut.
continued on page 20
FINDING THE RIGHT SPECIALIST IN BOERNE FOR YOUR ORTHOPEDIC NEEDS
JUST GOT EASIER.
MATTHEW DWYER, MD Board Certified Orthopedic Surgeon
ALEXANDRA MATTHEWS, DO Board Certified, Fellowship-Trained Sports Medicine Specialist
CHRISTOPHER I. PHELPS, MD Board Certified, Fellowship-Trained Orthopedic Surgeon
Call Us Today to Schedule an Appointment: BOERNE 134 Menger Springs, Suite 1210 Boerne, TX 78006
(210) 545-7171
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B oerne B usiness M onthly | May 2021
STONE OAK 1139 E. Sonterra, Suite 500 San Antonio, TX 78258
SPORTS MEDICINE 255 E. Sonterra, Suite 110 San Antonio, TX 78258
OrthopedicPerformance.com
boernebusinessmonthly.com
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FOR SALE:
25 SHOOTING CLUB DRIVE – $1,600,000
Beautiful property in great location! Minutes to IH-10 and walking distance to Main Street Boerne! 2 houses! 3.577 acres! Barn/workshop. Room to expand and add house, pool, garages, etc. Must allow 24 hours notice for appointment to view!
532 S. GRAYTOWN ROAD | ST. HEDWIG, TX – $749,000
2255 sq. ft., 3 bed / 2.5 bath beautiful rock home on 16+/- acres, located approx 5 mi to loop 1604.
FOR LEASE:
101 MUSTANG RUN
504 O’GRADY
3 bed, 2.5 bath on corner lot. Approx. 2320 s.f. of living area. Beautiful fenced back yard. $1950
215 OAK PARK DRIVE
3 bed, 2 bath short term lease only 6 months max.
$1750
2 bed, 2.5 bath townhome recent upgrades, choice location $1800
611 GRAHAM STREET
3 bed, 1.5 bath on large lot in highly desirable area! This home has so much character and charm!!! Approx. 1400 sf, Move-in ready! $2350
MORE PROPERTIES COMING THROUGHOUT THE MONTH...
CALL US FOR ANY HOUSING NEEDS YOU HAVE AND WE WILL DO OUR BEST TO HELP!
JUDY FILINGERI OWNER
(830) 816-2288 LYNELLE BOYD (830) 822-0688
Bluebonnet Realty Since 1989
ANGELA TURNER BROKER
(210) 912-8221
CAREY STEWART SUZANNE MCGINNIS BRETTE NICKELSON (830) 377-5227 (210) 551-2883 (210) 213-8222
(830) 816-2288 | BoerneTexasHomes.com
ribbon cuttings
Greater Boerne Chamber of Commerce April 2021 Ribbon Cuttings
TOUR DE BOERNE We had a great afternoon getting to celebrate Tour de Boerne with a ribbon cutting celebration! Tour de Boerne is a bike ride that will take you through the beautiful Texas Hill Country. Towns included in the routes are Boerne, Waring, Welfare, Luckenbach, Sisterdale and Comfort.You will be challenged along the way and welcomed back to Don Strange Ranch for a BBQ meal, cold craft beer and great conversation. Tour de Boerne is a 501c3 nonprofit organization. They are a Christian organization dedicated to giving back to those in the Boerne community who are in need. This year, Tour de Boerne plans to support Boerne Family YMCA, Hill Country Boys and Girls Club, Blessings in a Backpack - Boerne, TX and Coats for Kids. The Tour de Boerne is scheduled for June 26, 2021! Go to tourdeboerne.com for more information!
NATIVE PLANT SOCIETY - BOERNE CHAPTER We had a wonderful ribbon cutting ceremony celebrating and welcoming the Boerne Chapter - Native Plant Society of Texas into our Boerne Chamber. The Native Plant Society has been around for over 20 years now and was recently selected as the Chapter of the year! The Native Plant Society is an amazing organization that promotes research, conservation and utilization of native plants and plant habitats of Texas through education, outreach and example. The Native Plant Society will even travel to your home or office and tell you which native plants will work best for your area, stop by the Boerne Visitors Center to check out some of their beautiful work. Interested in learning more? Go to the Native Plant Society Boerne Chapter’s website npsot.org/wp/boerne.
ROC-N-RITAS BOERNE GRAND OPENING We were so excited to welcome Roc-N-Rita’s into our Boerne community this past February and they have continuously served our community since the day they opened! Roc-N-Rita’s offers high quality Margaritas, Pina Colada’s and a variety of specialty flavors. Their margaritas are not a wine based product nor a tequila based product, but they use a “pure” product called “Citrus Neutral Spirit”. What this means is they are fermented from citrus fruits and the product is gluten free & sulfate free. In addition to margaritas, they also sell beer, wine and summertime mimosas. Stop by and check out Roc-N-Rita’s 50’s vibe while sipping on one of your favorite frosty beverages! Roc N Ritas is located at 112 E. San Antonio Ave. in Boerne. You can also check out their margarita menu online rocnritas.com.
LONESTAR PROPERTIES NEW LOCATION We celebrated LoneStar Properties and their new office location with a special ribbon cutting ceremony! LoneStar Properties is a very well-recognized brand in the real estate community. They have been serving the Texas Hill Country for the last 9 years. LoneStar is a full-service real estate brokerage that can handle any and all of your real estate needs: Residential, Lots & Acreage, Farm & Ranch, Commercial, and Property Management/Leasing. Their agents continue to offer the same dedicated service and integrity to their customers and look forward to helping future clients in their pursuit of the Texas Hill Country Dream. Stop by and check out their new location at 706 E. Blanco Rd. Ste. 100 Boerne, TX. You can learn more by going to hillcountryproperties.net or by calling 830-249-7979.
BODY REVIVAL MASSAGE We welcomed Body Revival LLC to the Chamber with a ribbon cutting ceremony! Body Revival Massage is a family owned Massage Clinic located on Main St. in Boerne, Texas. Their dedicated team is passionate about bringing lasting pain relief into your life and to help ensure that your problem areas are addressed and alleviated. Each of Body Revival’s massage therapist have nearly ten years of experience and are ready to serve you! They currently have some great specials, stop in and check them out! Body Revival is located at 624 N. Main St. Suite 106 Boerne, TX. You can reach them by calling 210-589-9876 or by going to bodyrevival.org!
CHRISTOFILIS CUSTOM HOMES Christofilis Custom Homes is committed to owner satisfaction and is renowned for impeccable craftsmanship, exquisite interior and exterior details & finishes, and architectural excellence. Christofilis has over three decades of experience, has built over 150 homes and has won many awards for home building in the San Antonio, Boerne, Austin and Texas Hill Country Area. You can learn more about them by going to christofilishomes.com. You can also give them a call at (210) 373-7768 to schedule a time to stop by and check out this beautiful Model Home in Cordillera Ranch.
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B oerne B usiness M onthly | May 2021
NEXMOV We had the honor to celebrate NEXMOV, LLC.’s 10 Year Anniversary with a special ribbon cutting ceremony! NEXMOV provides a fresh change to traditional moving. Their team of women take a concierge approach providing white glove personalized services. This allows customers to be in control of services they need, especially when a budget is in place. NEXMOV is here to serve you for your next moving need. Call 210-650-2269 or go to nexmov.com!
CAUBLE ROSE PAINTING COMPANY Cauble Rose Painting Company is a Texas, womanowned and operated small business based in Boerne. Cauble Rose creates an unforgettable painting experience for customers in an intimate atmosphere. They offer several event services such as adult painting events - corporate and private along with children parties, pet painting classes, wood coaster painting parties, in the location of your choice. They are at Main Plaza tonight kicking off their official grand opening with a large community 'Ladies Paint Night in the Park' event. For more information, visit caublerose.com!
DR. ASHLEY SOMMERHALDER JOINS CIBOLO FAMILY MEDICINE Dr. Ashley Sommerhalder has joined Cibolo Family Medicine! Dr. Sommerhalder is a board certified Family Physician Located in both the Boerne and San Antonio Cibolo Family Medicine offices. She serves anyone starting at new borns and up to the elderly. She provides services like gynecology, dermatology, heart checkups, etc. for the whole family! Call 210946-3100 or go to cibolofm.com to learn more!
BOERNE NUTRITION Boerne Nutrition strives to provide a healthy option while eating out, with a welcoming and friendly environment. They offer so many different flavored meal replacement Protein Shakes and Energy Teas which are packed with vitamins and metabolism boosters. Stop by and try out a shake, tea or snack bar for a healthy and tasty breakfast or lunch option! Boerne Nutrition is located at 104 E. Hosack St. Boerne, Texas 78006. Be sure to like and follow Boerne Nutrition on their facebook page at facebook.com/ boernenutrition.
Renee Campbell (210) 542-0148
Naomi Weckesser (830) 755-8693
Robin McCall Dallenbach (210) 551-6333
Jim Campbell (210) 838-1896
Steven Karam (210) 414-0105
Wiley & Kathy Cloud, Brokers (210) 710-6601 | (325) 347-7693
Real Estate Office:
TOOTIE PIE CO. GRAND OPENING Congratulations to our friends at Tootie Pie, we got to celebrate their Grand Opening with a ribbon cutting ceremony today! Tootie Pie Co. has officially moved to Main Street! Tootie Pie is known for their popular handcrafted pies, cakes and cookies and are adding muffins, scones and breakfast items to their new menu as well. Come and see what they have to offer at their new location located at 1445 S. Main St. Ste. 120 Boerne, Tx! Tootie Pie has Grand Opening specials all week that you don’t want to miss out on.You can also check out their pies at tootiepieco.com.
YOUR CBD STORE SAN ANTONIO The Chamber is happy to welcome Your CBD Store San Antonio as a member! Your CBD Store San Antonio provides customers with the highest quality CBD on the market. They track their CBD production from soil to oil. They proudly offer a wide variety of products like skin care, pet products, edibles, tincture, water soluble, tropical creams and so much more. Learn more by going to sanantoniocbd.mybigcommerce.com or by stopping in store at 23127 IH 10 W., Ste. 201 San Antonio, TX 78257.
(830) 755-8693 $$ NOW $$
Best Time to Sell Real Estate Make YOUR Move TEXASHILLCOUNTRYREALTY.COM boernebusinessmonthly.com
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cover feature
GIVING PATIENTS BACK THEIR QUALITY OF LIFE THROUGH ORTHOPEDIC CARE
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article by Lauren Stumberg | photos by Ron Pritchett Whether you want to compete at the top of your game, play with your grandkids, or simply enjoy a day without pain, Orthopedic Performance Institute is where you go to get better! The doctors of OPI are passionate about helping their patients achieve a better quality of life through both surgical and non-surgical approaches in orthopedic care. Most people know that orthopedic doctors fix broken bones and replace painful joints, but the reality is that there is so much more to this field of medicine. The Orthopedic Performance Institute is a comprehensive medical practice specializing in the diagnosis and treatment of orthopedic diseases and injuries of the musculoskeletal system. “Sports injuries, back pain, carpel tunnel, arthritis and osteoporosis are just some of the numerous conditions we treat here at OPI,” said Matthew Dwyer, MD. Dwyer, along with Christopher Phelps, MD are the orthopedic surgeons at OPI and are joined by Alexandra Matthews, DO who is the practice’s Sports Medicine Specialist. All of the doctors at OPI are board certified and licensed in Texas by the Texas Medical Board. “One of the benefits of OPI is that we try to improve the conditions of our patients
pictured (left to right): Matthew Dwyer, MD, Alexandra Matthews, DO and Christopher Phelps, MD
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B oerne B usiness M onthly | May 2021
KEEPING YOU IN MOTION through non-operative means, however if surgery is needed, we have two highly trained surgeons available to those patients and there is no need to have to go to a different practice. We find that continuity is key and to have all of the patient’s doctors working together cohesively provides great results,” added Dr. Phelps. For those patients that do require surgery, Dr. Phelps and Dr. Dwyer provide minimally invasive procedures as often as possible. According to Dr. Dwyer, “The advances in the field of arthroscopy are quite phenomenal. With this technology we have really been able to provide a growing number of our patients with outpatient joint replacement and surgeries. When these minimally invasive techniques are implemented patients experience faster recovery times. We try to improve the outcome when we can through soft tissue sparing techniques.” “I too love the new medical advances of the minimally invasive procedures. That is something that many patients find very attractive. To be able to have such a quick recovery is what really gives a lot of patients the confidence to have the surgery,” said Dr. Phelps. Once the patients are home, they are then able to begin physical therapy in the comfort of their own home and then eventually transition to outpatient therapy. “The data shows that people do better when recovering at home,” Dr. Dwyer added. “The move towards outpatient procedures has also been very helpful during the COVID-19 pandemic. The faster we can get patients out of the hospital, or the more treatments we can do to keep them from going in at all, the better!” “COVID-19 forced us all to adapt to new ways of doing things, and our practice was no exception. We began seeing patients through telemedicine and video calls and many even participate in virtual physical therapy. We continue to still see some patients virtually, and now have reopened the in-office appointments too,” said Dr. Matthews. Orthopedic Performance Institute, which has practices in both Stone Oak and Boerne, has also recently expanded to include a separate Sports Medicine Clinic in Stone Oak as well. Here, Dr. Matthews works with patients on everything from sports injury prevention, tendonitis, casting/bone fractures and even acute injuries such as ankle sprains and knee and shoulder injuries. According to Dr. Matthews, “Many people have the misconception that sports medicine is just for athletes, however that couldn’t be farther from the truth. We treat everyone from adults, teens and even children, it doesn’t matter whether you are a weekend warrior, a professional athlete or just someone who is experiencing pain.” Dr. Matthews loves having the opportunity to combine primary care with sports medicine and orthopedics. “I get to see patients for
The doctors at Orthopedic Performance Institute use both surgical and non-surgical means to treat musculoskeletal trauma, sports injuries, degenerative diseases, infections and congenital disorders.
SERVICES AVAILABLE:
• General Orthopedics • General Pediatric Orthopedics • Total Joint Reconstructions • Knee Replacement • Muscle Sparing Knee Replacement • Hip Replacement • Direct Anterior Hip Replacement • Shoulder Surgery • Knee and Shoulder Arthroscopy • Orthopedic Trauma • Sports Medicine • Arthroscopy • Reconstructive Surgery • Platelet-Rich Plasma (PRP) Injections • Tenex FAST Procedure • Durable Medical Equipment • In House Digital X-Ray • Casting • Foot and Ankle Fractures • Diabetic Foot Problems • Plantar Fasciitis • Pediatric Foot and Ankle Problems • Ankle, Foot and Toe Deformities
continued on page 18
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continued from page 17
both preventative issues as well as recovery,” she said. “We have patients come in for the back to school sports physicals, which is a great time to talk about preventative medicine, for example rotator cuff strengthening exercises for volleyball players. But then other times I am helping patients recover from an injury or maybe a concussion. There is a lot of variety in orthopedics. It also adapts to the time of year or different environmental circumstances. For instance, with COVID-19 many patients were working from home. We began to see more neck and back pain from sitting at the computer. People also began exercising at home, so we helped them to develop a plan based on this lifestyle change.” Dr. Matthews really enjoys getting to work with athletes and active individuals. “They have an innate desire to be healthy and to be able to watch them heal and return to their sport or activity is rewarding,” she added. “We have so many great non-surgical options here at the clinic such as ultrasound guided Platelet-Rich Plasma (PRP), Hyaluronic Acid and Stem Cell Joint Injections. This ensures that we can see exactly where the injection needs to be placed for the maximum benefit. We can also do nerve blocks to help our clients with the pain of movement to get them back to mobility so they can begin an exercise routine allowing them to get their weight down prior to surgery if needed. There are so many great options for getting our patients active and feeling good again!” For clients closer to Orthopedic Performance Institute’s Boerne location, Dr. Dwyer sees patients at that location on Thursday afternoons. “We can just about do everything at the Boerne location that we can at the main Stone Oak clinic. We have the availability of diagnostic imaging, injections and pain management. For those patients that require surgery, we offer that in Boerne at the Advanced Surgical Care of Boerne on Tuesdays as well,” he said. According to Dr. Phelps, “Orthopedics was a late decision for me in medical school. I had a lot of different interests, but what really made my decision was the ability to take someone who is severely crippled and be able to fix them immediately and dramatically. Now I often see
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Alexandra Matthews, DO at the new Orthopedic Performance Institute Sports Medicine Clinic.
my patients three weeks after surgery and they are better than they ever were before, and that’s pretty cool!” Most of OPI’s patients come to them by word of mouth. They hear success stories from their family and friends and decide that they would like to have this improvement in their quality of life as well. “I have one patient that I operated on one of his knees and then both of his hips within a four to five year period. He has had such an excellent outcome that he has recommended probably 8-10 different people to us. He also allows us to have patients who are considering surgery to give him a call. He gives them the patient’s view of things, tells them what to expect and really calms their fears,” added Dr. Dwyer. The doctors at the Orthopedic Performance Institute are passionate about helping their patients achieve a better quality of life. Dr. Dwyer concluded by saying, “We all find orthopedics very rewarding because of the opportunity to help our patients get better, and for the most part, return to active lifestyles through our care. To be able to give that back to a patient is why we do what we do!” BBM
www.Or thopedicPerformance.com
Ready for Some Shiplap? Renee Campbell, Realtor® renee@texashillcountryrealtyco.com
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Performance is Our Priority ~ Locally Owned ~ Nationally Recognized Stephen V. Vallone CEO, Escrow Officer steve@texasinvestorstitle.com Becky Edmiston, CESP President, Escrow Officer becky@texasinvestorstitle.com Office: (830) 816-5888 www.TexasInvestorsTitle.com Boerne Office: 116 W. Blanco Rd., Suite 101, Boerne, Texas 78006 Houston Branch: 10000 Memorial Dr. Suite 100-N Houston, Texas 77024 Representing Stewart Title Guaranty, First American Title Insurance and Chicago Title Insurance
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(830) 816-2288
Judy Filingeri Owner Angela Turner Broker Carey Stewart Realtor Suzanne McGinnis Realtor Brette Nickelson Realtor
CALENDAR OF EVENTS | cont’d MAY 8-9 BOERNE MARKET DAYS Saturday 10:00am to 5:00pm Sunday 10:00am to 4:00pm Main Plaza | 100 N. Main St. – Boerne On the second weekend of every month hundreds of festive booths display everything from collectibles and remembrances of the past to modern innovations that will bring a smile of wonder to those who stroll past. MAY 9 MOTHER’S DAY MAY 10 KENDALL COUNTY COMMISSIONERS COURT 9:00am to 11:00am Kendall County Courthouse 201 E. San Antonio Ave. – Boerne
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MAY 11 GBCC RIBBON CUTTING FOR HILL COUNTRY JUNK 11:30am to 12:00pm 121 S. Main St. – Boerne GBCC RIBBON CUTTING FOR MERCY GATE MINISTRIES 1:30pm to 2:00pm 121 S. Main St. – Boerne MAY 13 GBCC RIBBON CUTTING FOR INDEPENDENCE TITLE - SUSAN TAYLOR 1:30pm to 2:00pm 121 S. Main St. – Boerne GBCC RIBBON CUTTING FOR A SIGNATURE PRODUCTION 1:35pm to 2:05pm 121 S. Main St. – Boerne BOERNE AFTER 5 MIXER: HOSTED BY DIETZ MCLEAN OPTICAL 5:00pm to 7:00pm 1375 S. Main St. – Boerne
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CITY COUNCIL MEETING 6:00pm to 8:00pm | Livestream Meeting See ci.boerne.tx us for link to meeting. MAY 15 OLD JAIL PALE ALE TRAIL 2:00pm to 5:00pm 2:00pm - Meet for Pint #1- Dodging Duck Brewhaus; 3:00pm - Depart for Pint #2 at Cibolo Creek Brewing Co. (exactly 0.5k away); 4:00pm - Depart for Pint #3 at Tusculum Brewing Team up with a fun bunch of folks that are currently in training for the Boerne .05K Run (October date to be announced soon).The Dodging Duck Brewhaus, Cibolo Creek Brewing Co., and Tusculum Brewing Co. have teamed up and agreed to make their own beer and name it “Old Jail Pale Ale.” $1 for each pint sold that day will be donated to the Old Jail Museum. Once done at the breweries, the group will continue on over to the Old Jail for the festivities there. Participants that visit all three breweries and continued on page 25
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scholarships
GVTC and The GVTC Foundation Award $185K in Scholarships to Local Students
O
One of the most rewarding contributions The GVTC Foundation makes to the community is scholarships. The GVTC Foundation has awarded two scholarships amounting in twenty thousand dollars to graduating high school students since 2015: the Ritchie T. Sorrells Leadership Scholarship and the Ola Armstrong Volunteer Scholarship. In 2019, the GVTC Foundation also added the Vocational/Technical Scholarship. This scholarship recognizes high school graduates who have demonstrated a commitment to continuing their education in pursuit of a degree or certification in a vocational or technical field. The GVTC Foundation granted $45,000 this year to three graduating seniors in GVTC’s service area. Two students from Comal ISD and one student from North East ISD are the recipients of The GVTC Foundation’s 2021 Scholarships. The GVTC Foundation’s 2021 Scholarships Awarded With the help of the New Braunfels Area Community Foundation (NBACF), the three deserving recipients of this year’s GVTC Foundation Scholarships were selected from a vast pool of applicants. The competition was extensive, but so were the outstanding accomplishments of each selected candidate. Jasmine Hunter from Johnson High School and Daniel Lackey from Smithson Valley High School received The GVTC Foundation’s $20,000 scholarships. Jasmine earned the $20,000 Ritchie T. Sorrells Scholarship for Leadership, and Daniel earned the $20,000 Ola Armstrong Scholarship for Volunteerism. Wyatt Windham from Canyon Lake High School received the Vocational/Technical Scholarship worth $5,000. Aspiring Students Recipient of the $20,000 Ritchie T. Sorrells Scholarship for Leaders Jasmine Hunter demonstrated her extraordinary leadership skills through multiple roles within the National Honor Society,
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Smart Driver's Club, Opt for Action, Project Team Worth, and the US/Germany Online Ambassador Program. She will attend Rice University in the fall and plans to earn a Bachelor of Science degree in International Studies. After college, she hopes to work in foreign service to help increase global relations and international cooperation. Recipient of the $20,000 Ola Armstrong Scholarship for Volunteerism Daniel Lackey - the recipient of the Ola Armstrong Scholarship for Volunteerism - showed his incredible community involvement through his extensive work volunteering for the Mammen Family Public Library, the Canyon Lake Animal Shelter, and the New Braunfels Food Bank. He will attend The University of Texas at Austin in the fall and plans to obtain a degree in English so he can become a teacher and help make a difference in the lives of students. Recipient of the $5,000 Vocational/Technical Scholarship Wyatt Windham demonstrated his commitment and determination to continue his education in construction. He will attend St. Philip’s College, where he will be studying Construction Technology in the hopes of one day opening up his own business where he can eventually help others in his community. GVTC Scholarships for Deserving Students As a cooperative, GVTC is in a unique position to award scholarships throughout its communities from funds remaining from its Capital Credits program. Each year, GVTC awards these excess funds to high school students in need. In 2021, GVTC will disperse $140,000 to fifty-six high school seniors nominated by their school’s faculty and staff worth $2,500 each. As a local internet service provider, GVTC understands and values the meaning of being local, and with each contribution made,
it hopes to enhance the quality of life for those throughout its communities. A Bright Future Ahead “GVTC and The GVTC Foundation believe investing in our youth is imperative to building and supporting the future of our communities, and we encourage everyone to help uplift, assist and encourage students,” said Ritchie Sorrells, GVTC President & CEO. We’re excited to see a new wave of determination and hope in our recipients and each generation to follow. Congratulations, and good luck to all the scholarship recipients in their much-deserved success and future endeavors. About GVTC: GVTC is an award-winning fiber optics communications provider delivering high-speed Internet, digital cable TV, phone and interactive home security monitoring to residential and business customers in far north San Antonio, the Texas Hill Country, and South Central Texas. GVTC offers Internet connection speeds up to 1 Gbps and symmetrical broadband connections, up to 250 Mbps. GVTC’s wholesale carrier transport network delivers Ethernet data delivery between San Antonio, Austin, Dallas, and Houston, with access to remote Texas markets. The company’s philanthropic arm, The GVTC Foundation, is celebrating more than a decade of charitable giving. More than $3.5 million in contributions have been given throughout GVTC’s service area. BBM
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CALENDAR OF EVENTS | cont’d complete the “Old Jail Pale Ale Trail” will receive a super cool genuine authentic replica Sheriffs badge if they then visit the jail. MAY 15 OLD JAIL GRAND OPENING CELEBRATION 3:00pm to 9:00pm Kendall County Historic Jail Museum 208 E. San Antonio St. – Boerne Featuring live music, a silent auction, vintage cars and trucks, Texas Rangers, Old West reenactors, food trucks, and more! Performances by: Billy Lister, Jon Whitaker, Michael McMullen – Performing as Johnny Cash and Elvis Presley. MAY 15-16 TEXAS TWO STEP DAIRY GOAT SHOWS Kendall Country Fairgrounds - Livestock Barn 1307 River Road - Boerne Come on out and have some GOAT fun! Learn all about Dairy Goats - full size and miniature! MAY 16 BOERNE FITNESS FEST 12:00pm to 5:00pm The Kendall | 128 W. Blanco Rd. - Boerne Boerne Fitness Fest is a free event open to the public. Come see what Boerne has to offer when it comes to fitness, health & wellness! MAY 17 HILL COUNTRY JOB FAIR 9:00am to 12:00pm The Kendall | 128 W. Blanco Rd. – Boerne Hill Country Job Fair will have opportunities to meet face to face with employers looking for both part time and full time work! MAY 18 GBCC RIBBON CUTTING FOR COMMUNITY FIRST HEALTH PLANS 1:30pm to 2:00pm 12238 Silicon Dr. Unit #100 - San Antonio MAY 20 GBCC RIBBON CUTTING FOR KIM DOLCH INSURANCE/FARMERS INSURANCE 11:30am to 12:00pm 10004 Johns Rd. - Boerne, Texas GBCC RIBBON CUTTING FOR VIA METROPOLITAN TRANSIT 1:30pm to 2:00pm Boerne Chamber of Commerce Back Parking Lot 121 S. Main St. - Boerne
“We have relied on Sonora Bank’s personalized service and expertise for many years. Their local market knowledge and accessibility have been crucial to the success of our business.” ADAM SANCHEZ
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LIVE! AT THE LIBRARY 7:00pm to 9:00pm | 451 N. Main - Boerne Amphitheater at the Patrick Heath Public Library This month’s featured band is The Dirty River Dixie Band from San Antonio. Bring lawn chairs or blankets to sit on. MAY 21 MOVIE IN THE PARK: TROLLS WORLD TOUR 7:00pm | Main Plaza Park Bring a chair or a blanket for a picnic, sit back and enjoy the show. continued on page 27
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development
CUTS • COLOR • STYLING
Unified Development Code Zoning updates, open house planned
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Mark your calendar for May 24th when there will be an open house at 5:30pm at the Kronkosky Place to answer your questions regarding the Unified Development Code Zoning Updates. You may also attend P&Z meetings on May 3, May 10, June 7 and June 14 to provide your comments. The U.D.C will combine various city ordinances relating to development into a single document. The City Council adopted the text of the UDC in November 2020. All residential and commercial properties will get a new zoning classification once the amendments to the UDC are adopted prior to an expected effective date of July 28, 2021. You need to understand what this means for you. If you have any questions about the process, you can contact the Planning and Community Development Office at 830-248-1501 or email UDC@boerne-tx.gov. BBM
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CALENDAR OF EVENTS | cont’d MAY 22 ALOHA SAN ANTONIO PERFORMANCE! 10:00am to 11:00pm | Amphitheater Can't book a trip to Hawaii? No problem! This dance and musical performance will transport you to the Big Island! GERMAN MOTOR GATHERING 10:00am to 3:00pm | Main Plaza - Boerne Beautiful German marques, entertainment under the gazebo, fun fellowship, and more! Registration for motors will remain open until capacity. Free for spectators; $50 for participant motors. MAY 24 CITY OF BOERNE NEW ZONING CLASSIFICATION OPEN HOUSE 5:30pm to 7:30pm Kronkosky Place | 17 Old San Antonio Rd. - Boerne MAY 25 GBCC RIBBON CUTTING FOR GOOSEHEAD INSURANCE GONZALEZ AGENCY 11:30am to 12:00pm 8000 Fair Oaks Pkwy Suite 208 - Fair Oaks Ranch
CITY COUNCIL MEETING 6:00pm to 8:00pm | Livestream Meeting See ci.boerne.tx us for link to meeting. MAY 27 GBCC RIBBON CUTTING FOR LIV AT BOERNE HILLS 1:30pm to 2:00pm | 3 Shooting Club Rd. - Boerne
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MAY 28 Z'S ARTISANS MARKET 6:00pm to 10:00pm Z's Woodfired Pizza 118 Old San Antonio Rd - Boerne There will be live music and local vendors who handcraft their products! MAY 29 MUSIKFEST: Presented by Don Strange Ranch & Boerne Berges Fest 12:00pm Don Strange Ranch | 103 Waring Welfare Rd - Boerne $20 per car. Live music, vendors, dachshund races, and more! MAY 29-30 OLD WEST SUMMER FEST 11:00am to 4:00pm Enchanted Springs Ranch 242 State Hwy 46 W - Boerne An outdoor festival filled with family-friendly activities and entertainment! Explore the Old West town, enjoy food trucks, live music, line dancing, wagon rides, and more! Tickets are available for purchase online. $12-$18/person. MAY 30 BOERNE CONCERT BAND 7:00pm to 9:30pm | Main Plaza Park MAY 31 MEMORIAL DAY BBM
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nonprofit
T
Integrity • Justice • Trust • Responsibility The goal of the Boerne Police Foundation is to increase community awareness and support for the Boerne Police Department, and assist those officers who contribute to making Boerne a safe place. “We work hard as an organization to provide support for our local police officers and to bridge any gaps between the City of Boerne’s budget and certain needs the department may have,” said Board President, Rey de la Fuente. There are four core areas in which the organization aims to assist the Boerne Police Department: 1) Training, ongoing education, and professional development 2) Advancement of Community Service Programs
3) Assist with purchases of specialized crime prevention and personal police equipment 4) Provide financial support, as needed, for personal hardship assistance and surviving family members of officers injured or killed in the line of duty Because of generous donors, the Boerne Police Foundation has been able to provide important contributions to the Boerne Police Department. According to de la Fuente, “We have assisted with expenses for continuing education and officer development. Another thing we were able to contribute to was the acquiring, equipping and the training of several K9 specialty units. Our organization has also provided the department with first aid equipment,
CURRENT AND FORMER BOARD MEMBERS WITH OUR K-9 OFFICERS AND THEIR DOGS
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such as tourniquet belts for all the officers.” The Boerne Police Foundation is also proud to have assisted a local officer that was injured in the line of duty. “When Chief Kohler has a need, or knows of an officer or their family who needs assistance, he often comes to the board. We are happy to say that because of the generosity of the local community we are usually able to help,” added Rey. The Boerne Police Foundation was incorporated as a 501 (c) (3) in April of 2014. They have seven highly engaged directors who donate their time to assist the foundation in fulfilling its purREY DE LA FUENTE, pose. Board memBPF BOARD PRESIDENT bers include Rey de la Fuente (President), Melissa Bendele (Treasurer), Cathy Cowan (Secretary), Misty Stout (Director), Sandie Ford (Director), Lloyd Voigt (Director), and Cody Blackmon (Director). The organization is proud to be a nominee for Non-Profit of the Year at the Chamber Gala on May 22nd. The Boerne Police Foundation is thankful that our community is so supportive of the BPD and all first responders. “It is a blessing to be in a community that holds in local law enforcement in such high regard and is so generous with their support,” said de la Fuente. “Our objective for 2021 is to increase community awareness of the BPF and educate them on our mission and purpose to the Boerne Police Department.” If you would like to be a part of supporting the BPD, you can donate your time, services, or donations. They do also have several board positions available. The BPF website provides information on current department needs as well as a link to make donations or become a member. BBM
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real estate
Texas existing home sales rebound in March, but supply-side constraints persist
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The Texas housing market rebounded in March after Winter Storm Uri shocked activity during the previous month. Existing homes sold through Texas Multiple Listing Services increased 9.8 percent on a month-over-month (MOM) basis. “Texas housing sales continued to trend upward amid historically low mortgage-interest rates and waning effects of the pandemic,” according to Dr. Luis Torres, research economist for the Texas Real Estate Research Center at Texas A&M University. According to the National Association of Realtors (NAR), existing home sales fell 3.7 percent MOM but increased 12.3 percent over March 2020. Annual metrics, however, should be interpreted with caution. “We have reached the one-year mark of when COVID-19 prompted a nationwide economic halt, which is distorting standard year-over-year measures,” said Torres. “It may be more useful to look at higher-frequency data or to make comparisons with 2019 for the next few months.” Existing home sales in Texas were 16 percent higher than in March 2019. Supply-side activity also rebounded from the February weather shock, with a 16 percent MOM increase in the number of new
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listings on the market. New listings, however, have failed to keep pace with sales, leading to diminished inventories across the state. “Texas’ months of inventory sank below 1.3 months for the first time in series history, highlighting the shortage of homes on the market,” said Torres. “The lack of supply, particularly for homes priced under $300,000, is one of the greatest challenges to the housing market and, more broadly, the Texas economy.” NAR announced similar constraints at the national level pushed the median existing home sale price up 17.2 percent YOY. Existing homes in Texas had a similar YOY price increase, reaching a record $279,740. Torres notes how these explosive growth numbers may be deceptive. “While the median price is more robust to outliers than the average price, compositional changes in home sales can still cloud real growth in prices,” he said. “Our Texas Repeat Sales Index avoids this composition bias, showing annual growth in real housing prices closer to 12 percent. This rate of home-price appreciation, however, is still taxing housing affordability across the state.” BBM Information courtesy of Texas Real Estate Research Center.
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