Real Estate Appreciation for Corpus Christi, Texas: + 10.97%
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 + 10.97% (+ 5.49% yearly) for the period between 2001 and the end of 2002.
The state had + 7.06% total appreciation (+ 3.53% 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 Agua Dulce, Texas Refinance, or Agua Dulce, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Agua Dulce, Texas home was worth $103,000.00 in 2001, you could multiply by + 10.97%, add the gain and see the home should be worth $114,299.50 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 2001 to 2002:
+ 5.49%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Yuba-City-CA, Providence-New-Bedford-Fall-River-RI-MA, and Chico-CA .
- Barnstable-Town-MA increased + 29.22% from 2001 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 27.71% from 2001 to the end of 2002
- Yuba-City-CA increased + 27.51% from 2001 to the end of 2002
- Providence-New-Bedford-Fall-River-RI-MA increased + 27.39% from 2001 to the end of 2002
- Chico-CA increased + 27.31% from 2001 to the end of 2002
In contrast, the worst 5 MSAs from 2001 to 2002 were Jacksonville-NC, Provo-Orem-UT, Ogden-Clearfield-UT, Lewiston-ID-WA, and Columbus-IN .
- Jacksonville-NC only increased + 1.98% between 2001 and 2002
- Provo-Orem-UT only increased + 2.30% between 2001 and 2002
- Ogden-Clearfield-UT only increased + 2.59% between 2001 and 2002
- Lewiston-ID-WA only increased + 2.59% between 2001 and 2002
- Columbus-IN only increased + 2.60% between 2001 and 2002
Zip Code in MSA: 78330 - AGUA DULCE, TX
MSA Pop: 406830Zip Pop: 1001
Avg Value: 45100
County: NUECES
Elev: 35
Region: South
Lat: 27.78172
Long: -97.90887