Real Estate Appreciation for Corpus Christi, Texas: + 6.60%
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 + 6.60% (+ 2.20% yearly) between 1993 and the end of 1995.
The state of TX had + 6.93% total appreciation (+ 2.31% 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 than the state as a whole. The state appreaciated + 4.94% faster than this MSA.
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% |
| 1995 | 1 | 100 | - 0.26% | - 1.04% |
| 1995 | 2 | 103.21 | + 3.21% | + 12.84% |
| 1995 | 3 | 103.97 | + 0.74% | + 2.95% |
| 1995 | 4 | 103.16 | - 0.78% | - 3.12% |
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 Aransas Pass, Texas Refinance, or Aransas Pass, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Aransas Pass, Texas home was worth $88,000.00 in 1993, you could multiply by + 6.60%, add the gain and see the home should be worth $93,810.89 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1993 to 1995:
+ 2.20%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 78335 - ARANSAS PASS, TX
MSA Pop: 406830Zip Pop: 0
Avg Value: 0
County: SAN PATRICIO
Elev: 54
Region: South
Lat: 27.90918
Long: -97.14972