Real Estate Appreciation for Corpus Christi, Texas: + 42.90%
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 + 42.90% (+ 3.90% yearly) for the Corpus Christi, Texas MSA.
The entire state of TX had + 48.40% appreciation (+ 4.40% 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 + 12.82%.
Corpus-Christi-TX
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1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Lets look at Chapman Ranch, Texas, a city located in Corpus Christi, Texas MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Chapman Ranch, Texas Refinance, or Chapman Ranch, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Chapman Ranch, Texas home was worth $94,000.00 in 1992, you could multiply by + 42.90%, add the gain and see the home should be worth $134,324.19 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1992 to 2002:
+ 3.90%
Appreciation Comparisons
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
Zip Code in MSA: 78347 - CHAPMAN RANCH, TX
MSA Pop: 406830Zip Pop: 95
Avg Value: 112500
County: NUECES
Elev: 35
Region: South
Lat: 27.635349
Long: -97.451729