Real Estate Appreciation for Beaumont Port Arthur, Texas: + 7.44%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Beaumont Port Arthur, Texas: + 7.44%
- State of TX: + 8.96%
- Difference: - 16.97%
Beaumont-Port-Arthur-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 105.02 | + 1.04% | + 4.16% |
| 1996 | 3 | 105.62 | + 0.57% | + 2.29% |
| 1996 | 4 | 104.5 | - 1.06% | - 4.24% |
| 1997 | 1 | 103.44 | - 1.01% | - 4.06% |
| 1997 | 2 | 107.2 | + 3.63% | + 14.54% |
| 1997 | 3 | 107.09 | - 0.10% | - 0.41% |
| 1997 | 4 | 108.2 | + 1.04% | + 4.15% |
| 1998 | 1 | 110.29 | + 1.93% | + 7.73% |
| 1998 | 2 | 110.81 | + 0.47% | + 1.89% |
| 1998 | 3 | 110.63 | - 0.16% | - 0.65% |
| 1998 | 4 | 111.67 | + 0.94% | + 3.76% |
There are a lot of ways to use the appreciation data for Beaumont Port Arthur, Texas .
Lets look at Votaw, Texas, a city located in Beaumont Port Arthur, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Votaw, Texas check out Spec-Loan.com
If you were going to do a Votaw, Texas Refinance, or Votaw, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Votaw, Texas home was worth $94,000.00 in 1996, you could multiply by + 7.44%, add the gain and see the home should be worth $100,990.76 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1996 to 1998:
+ 2.48%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 77376 - VOTAW, TX
MSA Pop: 382629Zip Pop: 462
Avg Value: 18900
County: HARDIN
Elev: 85
Region: South
Lat: 30.435278
Long: -94.673056