Real Estate Appreciation for Abilene, Texas: + 6.21%
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: + 6.21%
- State of TX: + 9.24%
- Difference: - 32.79%
Abilene-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 106.41 | - 0.82% | - 3.28% |
| 1998 | 3 | 110.39 | + 3.74% | + 14.96% |
| 1998 | 4 | 110.27 | - 0.11% | - 0.43% |
| 1999 | 1 | 110.78 | + 0.46% | + 1.85% |
| 1999 | 2 | 111.97 | + 1.07% | + 4.30% |
| 1999 | 3 | 113.24 | + 1.13% | + 4.54% |
| 1999 | 4 | 113.95 | + 0.63% | + 2.51% |
Lets look at Cross Plains, 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 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 $97,000.00 in 1998, you could multiply by + 6.21%, add the gain and see the home should be worth $103,021.25 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Abilene-TX from 1998 to 1999:
+ 3.10%
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 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
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