Real Estate Appreciation for Corpus Christi, Texas: + 7.59%
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: + 7.59%
- State of TX: + 15.59%
- Difference: - 51.33%
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2000 | 1 | 113.09 | - 0.55% | - 2.18% |
| 2000 | 2 | 113.69 | + 0.53% | + 2.12% |
| 2000 | 3 | 114.89 | + 1.06% | + 4.22% |
| 2000 | 4 | 117.14 | + 1.96% | + 7.83% |
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 $98,000.00 in 1998, you could multiply by + 7.59%, add the gain and see the home should be worth $105,434.61 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1998 to 2000:
+ 2.53%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1998 to 2000 were Midland-TX, Wenatchee-WA, Buffalo-Niagara-Falls-NY, Grand-Forks-ND-MN, and Coeur-d'Alene-ID .
- Midland-TX decreased by - 1.12% between 1998 and 2000
- Wenatchee-WA only increased + 0.15% between 1998 and 2000
- Buffalo-Niagara-Falls-NY only increased + 0.36% between 1998 and 2000
- Grand-Forks-ND-MN only increased + 0.83% between 1998 and 2000
- Coeur-d'Alene-ID only increased + 1.01% between 1998 and 2000
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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