Real Estate Appreciation for Abilene, Texas: + 10.43%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Abilene, Texas MSA appreciation it was + 10.43% (+ 2.61% yearly) from 2000 to 2003.
During the same time period, TX had + 17.56% (+ 4.39% yearly).
From 2000 to 2003, Texas outperformed the individual Abilene, Texas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Abilene-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 112.42 | + 0.01% | + 0.04% |
| 2000 | 3 | 114.11 | + 1.50% | + 6.01% |
| 2000 | 4 | 116.95 | + 2.49% | + 9.96% |
| 2001 | 1 | 116.91 | - 0.03% | - 0.14% |
| 2001 | 2 | 117.51 | + 0.51% | + 2.05% |
| 2001 | 3 | 116.75 | - 0.65% | - 2.59% |
| 2001 | 4 | 122.27 | + 4.73% | + 18.91% |
| 2002 | 1 | 120.15 | - 1.73% | - 6.94% |
| 2002 | 2 | 119.7 | - 0.37% | - 1.50% |
| 2002 | 3 | 122.07 | + 1.98% | + 7.92% |
| 2002 | 4 | 125.13 | + 2.51% | + 10.03% |
| 2003 | 1 | 123.79 | - 1.07% | - 4.28% |
| 2003 | 2 | 125.24 | + 1.17% | + 4.69% |
| 2003 | 3 | 125.8 | + 0.45% | + 1.79% |
| 2003 | 4 | 124.13 | - 1.33% | - 5.31% |
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 Anson, Texas Refinance, or Anson, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Anson, Texas home was worth $103,000.00 in 2000, you could multiply by + 10.43%, add the gain and see the home should be worth $113,738.90 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Abilene-TX from 2000 to 2003:
+ 2.61%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
Zip Code in MSA: 79501 - ANSON, TX
MSA Pop: 158488Zip Pop: 3643
Avg Value: 30300
County: JONES
Elev: 1731
Region: South
Lat: 32.757513
Long: -99.894033