Real Estate Appreciation for Corpus Christi, Texas: + 34.98%
Appreciation for MSAs:.
Let's start by comparing Corpus Christi, Texas to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 34.98% (+ 3.50% yearly) for the Corpus Christi, Texas MSA.
The entire state of TX had + 42.99% appreciation (+ 4.30% yearly).
The state average for Texas was higher than the real estate appreciation in the Corpus Christi, Texas MSA. This means the conditions in the MSA for real estate investment were worse by + 22.91%.
Corpus-Christi-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Corpus Christi, Texas .
Lets look at Bishop, Texas, a city located in Corpus Christi, 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 Bishop, Texas check out Spec-Loan.com
If you were going to do a Bishop, Texas Refinance, or Bishop, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Bishop, Texas home was worth $93,000.00 in 1992, you could multiply by + 34.98%, add the gain and see the home should be worth $125,526.94 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1992 to 2001:
+ 3.50%
Appreciation Comparisons
The worst 5 MSAs from 1992 to 2001 were Honolulu-HI, Binghamton-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Syracuse-NY .
- Honolulu-HI decreased by - 5.38% between 1992 and 2001
- Binghamton-NY only increased + 4.07% between 1992 and 2001
- Albany-Schenectady-Troy-NY only increased + 6.45% between 1992 and 2001
- Utica-Rome-NY only increased + 7.18% between 1992 and 2001
- Syracuse-NY only increased + 7.42% between 1992 and 2001
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 78343 - BISHOP, TX
MSA Pop: 406830Zip Pop: 4667
Avg Value: 44100
County: NUECES
Elev: 35
Region: South
Lat: 27.584791
Long: -97.797277