Real Estate Appreciation for Beaumont Port Arthur, Texas: + 14.19%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Beaumont Port Arthur, Texas MSA appreciated + 14.19% (+ 3.55% yearly) for the period between 1999 and the end of 2002.
The state had + 22.14% total appreciation (+ 5.53% yearly).
The state average for Texas was higher than the real estate appreciation in the Beaumont Port Arthur, Texas MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 56.00% faster than this MSA.
Beaumont-Port-Arthur-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 115.08 | + 0.92% | + 3.68% |
| 1999 | 3 | 115.36 | + 0.24% | + 0.97% |
| 1999 | 4 | 116.19 | + 0.72% | + 2.88% |
| 2000 | 1 | 118.07 | + 1.62% | + 6.47% |
| 2000 | 2 | 117.88 | - 0.16% | - 0.64% |
| 2000 | 3 | 117.45 | - 0.36% | - 1.46% |
| 2000 | 4 | 119.86 | + 2.05% | + 8.21% |
| 2001 | 1 | 120.81 | + 0.79% | + 3.17% |
| 2001 | 2 | 124.26 | + 2.86% | + 11.42% |
| 2001 | 3 | 123.96 | - 0.24% | - 0.97% |
| 2001 | 4 | 124.36 | + 0.32% | + 1.29% |
| 2002 | 1 | 125.5 | + 0.92% | + 3.67% |
| 2002 | 2 | 127.46 | + 1.56% | + 6.25% |
| 2002 | 3 | 128.05 | + 0.46% | + 1.85% |
| 2002 | 4 | 130.21 | + 1.69% | + 6.75% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Beaumont-Port-Arthur-TX here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Texas, you can do some research at Spec-Loan.com.
If you were going to do a Batson, Texas Refinance, or Batson, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Batson, Texas home was worth $101,000.00 in 1999, you could multiply by + 14.19%, add the gain and see the home should be worth $115,331.14 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Beaumont-Port-Arthur-TX from 1999 to 2002:
+ 3.55%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2002 were Barnstable-Town-MA, Napa-CA, Vallejo-Fairfield-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased + 77.56% from 1999 to the end of 2002
- Napa-CA increased + 71.93% from 1999 to the end of 2002
- Vallejo-Fairfield-CA increased + 71.68% from 1999 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 71.04% from 1999 to the end of 2002
- Salinas-CA increased + 68.96% from 1999 to the end of 2002
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 77519 - BATSON, TX
MSA Pop: 382629Zip Pop: 1298
Avg Value: 41000
County: HARDIN
Elev: 85
Region: South
Lat: 30.233407
Long: -94.601785