Real Estate Appreciation for Abilene, Texas: + 2.58%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Abilene, Texas MSA appreciated + 2.58% (+ 1.29% yearly) between 1993 and the end of 1994.
The state of TX had + 3.25% total appreciation (+ 1.62% yearly).
The state average for Texas was higher than the real estate appreciation in the Abilene, Texas MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 26.19% faster than this MSA.
Abilene-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 96.05 | + 2.21% | + 8.85% |
| 1993 | 3 | 95.16 | - 0.93% | - 3.71% |
| 1993 | 4 | 98.76 | + 3.78% | + 15.13% |
| 1994 | 1 | 97.63 | - 1.14% | - 4.58% |
| 1994 | 2 | 99.8 | + 2.22% | + 8.89% |
| 1994 | 3 | 97.91 | - 1.89% | - 7.58% |
| 1994 | 4 | 96.39 | - 1.55% | - 6.21% |
There are a lot of ways to use the appreciation data for Abilene, Texas .
Lets look at Cross Plains, Texas, a city located in Abilene, 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 Cross Plains, Texas check out Spec-Loan.com
If you were going to do a Cross Plains, Texas Refinance, or Cross Plains, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Cross Plains, Texas home was worth $87,000.00 in 1993, you could multiply by + 2.58%, add the gain and see the home should be worth $89,240.50 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Abilene-TX from 1993 to 1994:
+ 1.29%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
Zip Code in MSA: 76443 - CROSS PLAINS, TX
MSA Pop: 158488Zip Pop: 1638
Avg Value: 38500
County: CALLAHAN
Elev: 1725
Region: South
Lat: 32.127358
Long: -99.164524