Real Estate Appreciation for Corpus Christi, Texas: + 8.64%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Corpus Christi, Texas: + 8.64%
- State of TX: + 15.17%
- Difference: - 43.06%
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 104.87 | + 0.19% | + 0.76% |
| 1996 | 3 | 104.66 | - 0.20% | - 0.80% |
| 1996 | 4 | 106.1 | + 1.38% | + 5.50% |
| 1997 | 1 | 103.82 | - 2.15% | - 8.60% |
| 1997 | 2 | 105.49 | + 1.61% | + 6.43% |
| 1997 | 3 | 107.92 | + 2.30% | + 9.21% |
| 1997 | 4 | 107.63 | - 0.27% | - 1.07% |
| 1998 | 1 | 108.88 | + 1.16% | + 4.65% |
| 1998 | 2 | 107.86 | - 0.94% | - 3.75% |
| 1998 | 3 | 108.6 | + 0.69% | + 2.74% |
| 1998 | 4 | 110.85 | + 2.07% | + 8.29% |
| 1999 | 1 | 109.58 | - 1.15% | - 4.58% |
| 1999 | 2 | 112.14 | + 2.34% | + 9.34% |
| 1999 | 3 | 114.57 | + 2.17% | + 8.67% |
| 1999 | 4 | 113.71 | - 0.75% | - 3.00% |
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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 $95,000.00 in 1996, you could multiply by + 8.64%, add the gain and see the home should be worth $103,204.83 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1996 to 1999:
+ 2.16%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Bakersfield-CA, Reading-PA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 13.65% between 1996 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.34% between 1996 and 1999
- Bakersfield-CA decreased by - 0.56% between 1996 and 1999
- Reading-PA decreased by - 0.46% between 1996 and 1999
- Albany-Schenectady-Troy-NY decreased by - 0.38% between 1996 and 1999
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 78336 - ARANSAS PASS, TX
MSA Pop: 406830Zip Pop: 12106
Avg Value: 46400
County: SAN PATRICIO
Elev: 54
Region: South
Lat: 27.903685
Long: -97.159316