Real Estate Appreciation for Brownsville Harlingen, Texas: + 2.53%
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.
- Brownsville Harlingen, Texas: + 2.53%
- State of TX: + 8.96%
- Difference: - 71.72%
Brownsville-Harlingen-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 106.12 | - 3.64% | - 14.56% |
| 1996 | 3 | 107.14 | + 0.96% | + 3.84% |
| 1996 | 4 | 103.16 | - 3.71% | - 14.86% |
| 1997 | 1 | 107.48 | + 4.19% | + 16.75% |
| 1997 | 2 | 108.09 | + 0.57% | + 2.27% |
| 1997 | 3 | 109.37 | + 1.18% | + 4.74% |
| 1997 | 4 | 111.72 | + 2.15% | + 8.59% |
| 1998 | 1 | 109.4 | - 2.08% | - 8.31% |
| 1998 | 2 | 112.7 | + 3.02% | + 12.07% |
| 1998 | 3 | 110.53 | - 1.93% | - 7.70% |
| 1998 | 4 | 112.92 | + 2.16% | + 8.65% |
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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 $94,000.00 in 1996, you could multiply by + 2.53%, add the gain and see the home should be worth $96,381.37 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Brownsville-Harlingen-TX from 1996 to 1998:
+ 0.84%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 1998 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and El-Paso-TX .
- Honolulu-HI decreased by - 11.67% between 1996 and 1998
- Buffalo-Niagara-Falls-NY decreased by - 0.04% between 1996 and 1998
- Albany-Schenectady-Troy-NY only increased + 0.13% between 1996 and 1998
- Utica-Rome-NY only increased + 0.29% between 1996 and 1998
- El-Paso-TX only increased + 0.32% between 1996 and 1998
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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