Real Estate Appreciation for Brownsville Harlingen, Texas: + 7.30%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Brownsville Harlingen, Texas did compared to the state as a whole.
The Brownsville Harlingen, Texas MSA property value change was + 7.30% (+ 2.43% yearly).
All of the property in TX averaged + 14.25% change in value (+ 4.75% yearly).
Brownsville-Harlingen-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1999 | 1 | 114.43 | + 1.34% | + 5.35% |
| 1999 | 2 | 116.73 | + 2.01% | + 8.04% |
| 1999 | 3 | 113.49 | - 2.78% | - 11.10% |
| 1999 | 4 | 115.33 | + 1.62% | + 6.49% |
Some of the ways peope use our appreciation data for Brownsville Harlingen, Texas include real estate investment .
Lets look at Brownsville, Texas, a city located in Brownsville Harlingen, Texas MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Texas check out 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 $96,000.00 in 1997, you could multiply by + 7.30%, add the gain and see the home should be worth $103,011.54 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Brownsville-Harlingen-TX from 1997 to 1999:
+ 2.43%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 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