Real Estate Appreciation for Brownsville Harlingen, Texas: + 17.05%
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: + 17.05%
- State of TX: + 22.74%
- Difference: - 25.02%
Brownsville-Harlingen-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 123.37 | + 2.59% | + 10.38% |
| 2001 | 2 | 123.61 | + 0.19% | + 0.78% |
| 2001 | 3 | 124.71 | + 0.89% | + 3.56% |
| 2001 | 4 | 128.05 | + 2.68% | + 10.71% |
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 $99,000.00 in 1998, you could multiply by + 17.05%, add the gain and see the home should be worth $115,877.06 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Brownsville-Harlingen-TX from 1998 to 2001:
+ 4.26%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
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