Real Estate Appreciation for Corpus Christi, Texas: + 14.67%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Corpus Christi, Texas MSA appreciation it was + 14.67% (+ 4.89% yearly) from 2000 to 2002.
During the same time period, TX had + 15.02% (+ 5.01% yearly).
From 2000 to 2002, Texas outperformed the individual Corpus Christi, Texas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 113.69 | + 0.53% | + 2.12% |
| 2000 | 3 | 114.89 | + 1.06% | + 4.22% |
| 2000 | 4 | 117.14 | + 1.96% | + 7.83% |
| 2001 | 1 | 116.86 | - 0.24% | - 0.96% |
| 2001 | 2 | 120.69 | + 3.28% | + 13.11% |
| 2001 | 3 | 121.63 | + 0.78% | + 3.12% |
| 2001 | 4 | 122.49 | + 0.71% | + 2.83% |
| 2002 | 1 | 124.7 | + 1.80% | + 7.22% |
| 2002 | 2 | 125.68 | + 0.79% | + 3.14% |
| 2002 | 3 | 127.7 | + 1.61% | + 6.43% |
| 2002 | 4 | 129.68 | + 1.55% | + 6.20% |
There are a lot of ways to use the appreciation data for Corpus Christi, Texas .
Lets look at Aransas Pass, Texas, a city located in Corpus Christi, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Aransas Pass, Texas check out 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 $102,000.00 in 2000, you could multiply by + 14.67%, add the gain and see the home should be worth $116,963.13 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 2000 to 2002:
+ 4.89%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Modesto-CA, Vallejo-Fairfield-CA, and Napa-CA .
- Barnstable-Town-MA increased + 49.98% from 2000 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 47.67% from 2000 to the end of 2002
- Modesto-CA increased + 47.60% from 2000 to the end of 2002
- Vallejo-Fairfield-CA increased + 46.66% from 2000 to the end of 2002
- Napa-CA increased + 45.33% from 2000 to the end of 2002
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