Longview apartment rents increased 0.4 percent in May from a month earlier, and were up 0.8 percent from the same time a year ago, a monthly survey showed.
Apartment List, based in San Francisco, said the median rents in Longview are $780 per month for a one-bedroom unit and $940 for a two-bedroom unit. May also marked the second month in a row in which rents have climbed after falling in March.
The report came as no surprise to Jim Tucker, owner of The Fairways on McCann Road.
“This report supports what we have been seeing,” Tucker said in a statement. “While no tenant likes to hear about rent increases, let’s keep the news in perspective.”
He said a 0.8 percent increase comes to about $6 per month.
Longview’s increase in rents over the past year still lags the state average of 1.6 percent as well as the national average of 1.5 percent, Apartment List said.
The rent tracker said Henderson, Nevada, a suburb of Las Vegas, had the nation’s fastest rent growth over the past year at 4.1 percent, followed by the Phoenix suburb of Mesa at 4 percent and Phoenix in third place a 3.9 percent.
Two Texas cities also made the top 10 list: Austin is in fifth place and Arlington in eighth place.
Bank branches close
Capital One closed its Longview branch at 1111 Judson Road on May 8 and the next day closed its drive-through bank at 100 N. Columbus St. in Marshall, a company spokeswoman said.
“Like other national and regional banks, we continue to review our entire network in response to changing banking references,” said spokeswoman Amanda Landers, who is based at corporate headquarters in MacLean, Virginia. She added more customers are banking online.
Landers said the Judson Road branch employees have been absorbed at other locations, including the branch at 1701 E. Loop 281.
New Farmers agency
Toby Adams, who worked three decades for Brookshire Grocery Co. and rose through the ranks to store manager in Longview, plans to open a Farmers Insurance agency June 10 at 206 E. U.S. 80, Suite J, in White Oak.
“I just decided it was time for a change and to look into the financial industry,” he said. Adams said he took the insurance exam within the past year and Farmers reached out to him.
A Tyler native who has lived in Gregg County since 1995, Adams said he developed customer service skills during his long association with Brookshire’s, which included managing the store on Gilmer Road.
“That is what my whole career is: Customer service, honesty and integrity is what I built my career out of,” he said.
As owner of Toby Adams Agency, he said he will provide home, auto and life insurance plans.
The agency will be open 8 a.m. to 5 p.m. weekdays.
Catch closes temporarily
The Catch seafood restaurant at 107 N. Kilgore St. in downtown Kilgore closed May 24 for the season and will reopen when crawfish becomes available, General Manager Manny Callejas said.
Callejas said business also is slowing down downtown with the school year ending at Kilgore College.
Noting The Catch closed temporarily last summer, Callejas said, “We will probably reopen sooner than we did in 2018,” likely in October.
He said The Catch in Longview remains open at 3312 N. Fourth St. The Catch at 3012 W. Marshall Ave. closed for good in February after being in business for a year.
The Kilgore restaurant opened in November 2017.
Longview criminal defense attorney Jason Cassel has moved his downtown law practice from 111 W. Tyler St. to 204 N. Fredonia St., between VeraBank and Copper Tree Retreat Massage Med Spa.
Cassel maintains office hours of 8:30 a.m. to 5 p.m. weekdays. For more information, visit jasoncassellaw.com .