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 Abilene, Texas MSA appreciated + 5.57% (+ 2.78% yearly) for the period between 1999 and the end of 2000.

The state had + 10.83% total appreciation (+ 5.41% yearly). The state average for Texas was higher than the real estate appreciation in the Abilene, Texas MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 94.45% faster than this MSA.

Abilene-TX

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 111.97 + 1.07% + 4.30%
1999 3 113.24 + 1.13% + 4.54%
1999 4 113.95 + 0.63% + 2.51%
2000 1 112.41 - 1.35% - 5.41%
2000 2 112.42 + 0.01% + 0.04%
2000 3 114.11 + 1.50% + 6.01%
2000 4 116.95 + 2.49% + 9.96%


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 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 $99,000.00 in 1999, you could multiply by + 5.57%, add the gain and see the home should be worth $104,513.90 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Abilene-TX from 1999 to 2000:
+ 2.78%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2000 were Midland-TX, Coeur-d'Alene-ID, Wenatchee-WA, Lewiston-ID-WA, and Lawton-OK .

  1. Midland-TX decreased by - 2.50% between 1999 and 2000
  2. Coeur-d'Alene-ID decreased by - 2.19% between 1999 and 2000
  3. Wenatchee-WA decreased by - 1.05% between 1999 and 2000
  4. Lewiston-ID-WA decreased by - 0.85% between 1999 and 2000
  5. Lawton-OK decreased by - 0.79% between 1999 and 2000

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 76443 - CROSS PLAINS, TX

MSA Pop: 158488
Zip Pop: 1638
Avg Value: 38500
County: CALLAHAN
Elev: 1725
Region: South
Lat: 32.127358
Long: -99.164524