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15.09.2015
It should come at no surprise that the Corpus Christi real estate market is one of the hottest in the nation. With an appreciation rate that is nearly triple that of the national average, the Corpus Christi housing market has found it easy to remove itself from the previous recession. According to RealtyTrac, the Corpus Christi real estate market has about 263 properties in some state of foreclosure.
The average sales price of a non-distressed property in the Corpus Christi real estate market is $40,000; according to RealtyTrac. The overwhelming majority of foreclosed homes that Corpus Christi real estate investing will take advantage of are scheduled to be placed up for auction.
In addition to foreclosures, those interested in Corpus Christi real estate investing should look towards the area’s most popular neighborhoods. Homes purchased in the Corpus Christi housing market one year ago have appreciated, on average, by $23,430. Homes purchased in the Corpus Christi housing market three years ago have appreciated, on average, by $44,895.
Homes purchased in the Corpus Christi housing market five years ago have appreciated, on average, by $47,465.
Homes purchased in the Corpus Christi housing market seven years ago have appreciated, on average, by $48,742. Homes purchased in the Corpus Christi housing market nine years ago have appreciated, on average, by $59,353. Any healthy market will have a strong balance between market indicators and local economic factors.
Despite everything that we have already gone over, the Corpus Christi housing market still has one impressive factor working in its favor: affordability.


As recently as the first quarter of this year, Corpus Christi was rated as one of the 10 best cities for saving money. These factors, and many more just like them, have combined to make the Corpus Christi real estate market one of the best in the country. Actively investing in real estate, FortuneBuilders is uniquely built to provide investors with the right education and systems for success. It has seen a resurgence in the real estate market on par with that of Austin, Seattle and San Diego. Even with high rates of appreciation, these homes are either at risk of being repossessed, have already been repossessed, or are scheduled to be placed up for auction. However, distressed properties, or those that have been foreclosed on, come at a discounted rate. According to Trulia, South Side and Bay Area are the most popular neighborhoods in the city, with average listing prices of $235,220 and $332,077. Even with an appreciation rate of 13.8 percent, Corpus Christi real estate is more affordable than most other areas in the country.
Saving money is more realistic in Corpus Christi because it offers opportunity, low cost of living and enhanced quality of life. For all intents and purposes, the Corpus Christi real estate investing market should see a lot of activity. The Corpus Christi real estate investing market will be pleased to know that distressed properties are selling for much less. The remaining 3.1 percent are bank-owned, and sitting on their books as non-performing loans.
Both homeowners and Corpus Christi real estate investors can take advantage of the current momentum.


Residents can take advantage of the relatively stable job market, low transportation costs and low housing costs to put money. The Corpus Christi real estate investing market is expected to take full advantage of these properties. That said, homeowners in the Corpus Christi housing market are used to spending about 8.7 percent of their monthly income on mortgage payments.
This will catapult the Corpus Christi housing market to the top of the list for Millennials and first-time buyers. So while prices are lower than the national average, they are considerably more affordable – a factor that will favor both buyers and the Corpus Christi real estate investing market. In fact, the discounts they offer will make Corpus Christi real estate investing that much more attractive.
Wallet Hub even placed Corpus Christi at number 6 on this year’s “Best Cities To Start A Career” list.
Today’s unemployment rate even represents a 1.2 percent improvement over the previous year.
For example, a median one-bedroom apartment in San Francisco is almost twice as expensive as the median monthly rent in Corpus Christi.
Naval Air Station Corpus Christi provides the most jobs in the city with 4,400 civilians on its payroll.
Overall, many of the city’s workers are employed in the government, service, and wholesale and retail trade sectors.



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Comments to «Corpus christi real estate map listings»

  1. elnare writes:
    Selling foreclosed homes can frisco, Colleyville, Flower Mound Fairview, and orlando.
  2. bayramova writes:
    And maps, when available process, buying a foreclosure could be the best thing.