Real Estate Appreciation for Brownsville Harlingen, Texas: + 9.89%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Brownsville Harlingen, Texas MSA appreciation it was + 9.89% (+ 4.95% yearly) from 1994 to 1995.
During the same time period, TX had + 3.32% (+ 1.66% yearly).
You can see that the Brownsville Harlingen, Texas MSA experienced higher appreciation in this case.
Brownsville-Harlingen-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 99.2 | + 1.38% | + 5.52% |
| 1994 | 3 | 102.7 | + 3.53% | + 14.11% |
| 1994 | 4 | 104.12 | + 1.38% | + 5.53% |
| 1995 | 1 | 100 | - 3.96% | - 15.83% |
| 1995 | 2 | 103.66 | + 3.66% | + 14.64% |
| 1995 | 3 | 104.56 | + 0.87% | + 3.47% |
| 1995 | 4 | 107.53 | + 2.84% | + 11.36% |
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 Brownsville, Texas Refinance, or Brownsville, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Brownsville, Texas home was worth $89,000.00 in 1994, you could multiply by + 9.89%, add the gain and see the home should be worth $97,804.50 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Brownsville-Harlingen-TX from 1994 to 1995:
+ 4.95%
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
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