Real Estate Appreciation for Beaumont Port Arthur, Texas: + 5.35%
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: + 5.35%
- State of TX: + 9.24%
- Difference: - 42.08%
Beaumont-Port-Arthur-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 110.81 | + 0.47% | + 1.89% |
| 1998 | 3 | 110.63 | - 0.16% | - 0.65% |
| 1998 | 4 | 111.67 | + 0.94% | + 3.76% |
| 1999 | 1 | 114.03 | + 2.11% | + 8.45% |
| 1999 | 2 | 115.08 | + 0.92% | + 3.68% |
| 1999 | 3 | 115.36 | + 0.24% | + 0.97% |
| 1999 | 4 | 116.19 | + 0.72% | + 2.88% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $97,000.00 in 1998, you could multiply by + 5.35%, add the gain and see the home should be worth $102,189.05 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1998 to 1999:
+ 2.67%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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