Real Estate Appreciation for Corpus Christi, Texas: + 48.01%
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 + 48.01% (+ 4.00% yearly) for the Corpus Christi, Texas MSA.
The entire state of TX had + 51.68% appreciation (+ 4.31% 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 + 7.63%.
Corpus-Christi-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Corpus-Christi-TX here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Texas, you can do some research at Spec-Loan.com.
If you were going to do a Driscoll, Texas Refinance, or Driscoll, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Driscoll, Texas home was worth $95,000.00 in 1992, you could multiply by + 48.01%, add the gain and see the home should be worth $140,610.47 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1992 to 2003:
+ 4.00%
Appreciation Comparisons
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
The top 5 performing MSAs from 1992 to 2003 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Missoula-MT .
- Boulder-CO increased +151.44% from 1992 to the end of 2003
- Barnstable-Town-MA increased +140.79% from 1992 to the end of 2003
- Denver-Aurora-CO increased +139.63% from 1992 to the end of 2003
- Fort-Collins-Loveland-CO increased +136.43% from 1992 to the end of 2003
- Missoula-MT increased +131.03% from 1992 to the end of 2003
Zip Code in MSA: 78351 - DRISCOLL, TX
MSA Pop: 406830Zip Pop: 870
Avg Value: 29000
County: NUECES
Elev: 35
Region: South
Lat: 27.6437
Long: -97.769751