Real Estate Appreciation for Brownsville Harlingen, Texas: + 11.88%
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 + 11.88% (+ 2.97% yearly).
All of the property in TX averaged + 20.90% change in value (+ 5.22% 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% |
| 2000 | 1 | 115.09 | - 0.21% | - 0.83% |
| 2000 | 2 | 116.72 | + 1.42% | + 5.67% |
| 2000 | 3 | 115.94 | - 0.67% | - 2.67% |
| 2000 | 4 | 120.25 | + 3.72% | + 14.87% |
There are a lot of ways to use the appreciation data for Brownsville Harlingen, Texas .
Lets look at Brownsville, Texas, a city located in Brownsville Harlingen, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Brownsville, 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 $97,000.00 in 1997, you could multiply by + 11.88%, add the gain and see the home should be worth $108,524.84 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Brownsville-Harlingen-TX from 1997 to 2000:
+ 2.97%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
In contrast, the worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .
- Honolulu-HI decreased by - 1.70% between 1997 and 2000
- Williamsport-PA only increased + 2.60% between 1997 and 2000
- Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
- Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
- Midland-TX only increased + 3.25% between 1997 and 2000
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