Real Estate Appreciation for Abilene, Texas: + 5.83%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Abilene, Texas: + 5.83%
- State of TX: + 8.96%
- Difference: - 34.96%
Abilene-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 104.95 | + 0.72% | + 2.88% |
| 1996 | 3 | 103.53 | - 1.35% | - 5.41% |
| 1996 | 4 | 104.57 | + 1.00% | + 4.02% |
| 1997 | 1 | 105.45 | + 0.84% | + 3.37% |
| 1997 | 2 | 105.52 | + 0.07% | + 0.27% |
| 1997 | 3 | 106.22 | + 0.66% | + 2.65% |
| 1997 | 4 | 107.26 | + 0.98% | + 3.92% |
| 1998 | 1 | 107.29 | + 0.03% | + 0.11% |
| 1998 | 2 | 106.41 | - 0.82% | - 3.28% |
| 1998 | 3 | 110.39 | + 3.74% | + 14.96% |
| 1998 | 4 | 110.27 | - 0.11% | - 0.43% |
Lets look at Putnam, Texas, a city located in Abilene, Texas MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Putnam, Texas Refinance, or Putnam, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Putnam, Texas home was worth $94,000.00 in 1996, you could multiply by + 5.83%, add the gain and see the home should be worth $99,475.82 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Abilene-TX from 1996 to 1998:
+ 1.94%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 76469 - PUTNAM, TX
MSA Pop: 158488Zip Pop: 33
Avg Value: 65000
County: CALLAHAN
Elev: 1725
Region: South
Lat: 32.373446
Long: -99.197949