Real Estate Appreciation for Brownsville Harlingen, Texas: + 18.43%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Brownsville Harlingen, Texas MSA appreciated + 18.43% (+ 3.07% yearly) between 1993 and the end of 1998.
The state of TX had + 17.91% total appreciation (+ 2.99% yearly).
The Brownsville Harlingen, Texas MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 2.87% faster than the state as a whole.
Brownsville-Harlingen-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1995-1998 Quarterly Detailed Appreciation
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 Brownsville-Harlingen-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 Brownsville, Texas Refinance, or Brownsville, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Brownsville, Texas home was worth $91,000.00 in 1993, you could multiply by + 18.43%, add the gain and see the home should be worth $107,768.43 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Brownsville-Harlingen-TX from 1993 to 1998:
+ 3.07%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 78520 - BROWNSVILLE, TX
MSA Pop: 363092Zip Pop: 48601
Avg Value: 46700
County: CAMERON
Elev: 33
Region: South
Lat: 25.98174
Long: -97.53534