Real Estate Appreciation for Corpus Christi, Texas: + 43.63%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Corpus Christi, Texas MSA appreciated + 43.63% (+ 6.23% yearly) for the period between 1999 and the end of 2005.
The state had + 36.79% total appreciation (+ 5.26% yearly).
The Corpus Christi, Texas MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Corpus-Christi-TX
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 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 $104,000.00 in 1999, you could multiply by + 43.63%, add the gain and see the home should be worth $149,375.43 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1999 to 2005:
+ 6.23%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2005 were Lafayette-IN, Ogden-Clearfield-UT, Burlington-NC, Columbus-IN, and Springfield-IL .
- Lafayette-IN only increased + 14.47% between 1999 and 2005
- Ogden-Clearfield-UT only increased + 17.01% between 1999 and 2005
- Burlington-NC only increased + 17.19% between 1999 and 2005
- Columbus-IN only increased + 18.62% between 1999 and 2005
- Springfield-IL only increased + 18.92% between 1999 and 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
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