Real Estate Appreciation for Corpus Christi, Texas: + 3.61%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Corpus Christi, Texas MSA appreciated + 3.61% (+ 1.80% yearly) between 1993 and the end of 1994.
The state of TX had + 3.25% total appreciation (+ 1.62% yearly).
The Corpus Christi, Texas MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 10.98% faster than the state as a whole.
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 95.57 | - 1.24% | - 4.96% |
| 1993 | 3 | 96.68 | + 1.16% | + 4.65% |
| 1993 | 4 | 98.14 | + 1.51% | + 6.04% |
| 1994 | 1 | 99.24 | + 1.12% | + 4.48% |
| 1994 | 2 | 99.11 | - 0.13% | - 0.52% |
| 1994 | 3 | 100.99 | + 1.90% | + 7.59% |
| 1994 | 4 | 100.26 | - 0.72% | - 2.89% |
Lets look at Agua Dulce, 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 Agua Dulce, Texas Refinance, or Agua Dulce, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Agua Dulce, Texas home was worth $87,000.00 in 1993, you could multiply by + 3.61%, add the gain and see the home should be worth $90,137.65 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1993 to 1994:
+ 1.80%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 1994 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
- Kingston-NY decreased by - 12.24% between 1993 and 1994
- Binghamton-NY decreased by - 10.95% between 1993 and 1994
- Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 78330 - AGUA DULCE, TX
MSA Pop: 406830Zip Pop: 1001
Avg Value: 45100
County: NUECES
Elev: 35
Region: South
Lat: 27.78172
Long: -97.90887