Real Estate Appreciation for Beaumont Port Arthur, Texas: + 4.50%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Beaumont Port Arthur, Texas did compared to the state as a whole.
The Beaumont Port Arthur, Texas MSA property value change was + 4.50% (+ 2.25% yearly).
All of the property in TX averaged + 5.10% change in value (+ 2.55% yearly).
Beaumont-Port-Arthur-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.26 | + 1.26% | + 5.04% |
| 1995 | 3 | 103.53 | + 2.24% | + 8.97% |
| 1995 | 4 | 103.93 | + 0.39% | + 1.55% |
| 1996 | 1 | 103.94 | + 0.01% | + 0.04% |
| 1996 | 2 | 105.02 | + 1.04% | + 4.16% |
| 1996 | 3 | 105.62 | + 0.57% | + 2.29% |
| 1996 | 4 | 104.5 | - 1.06% | - 4.24% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Thicket, Texas click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Beaumont Port Arthur, Texas.
If you were going to do a Thicket, Texas Refinance, or Thicket, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Thicket, Texas home was worth $91,000.00 in 1995, you could multiply by + 4.50%, add the gain and see the home should be worth $95,095.00 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1995 to 1996:
+ 2.25%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .
- Honolulu-HI decreased by - 7.92% between 1995 and 1996
- Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
- Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
- Binghamton-NY decreased by - 3.46% between 1995 and 1996
- Madera-CA decreased by - 3.21% between 1995 and 1996
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 77374 - THICKET, TX
MSA Pop: 382629Zip Pop: 393
Avg Value: 44200
County: HARDIN
Elev: 85
Region: South
Lat: 30.395556
Long: -94.63