Real Estate Appreciation for Abilene, Texas: + 7.03%
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 + 7.03% (+ 3.52% yearly) for the period between 2001 and the end of 2002.
The state had + 7.06% total appreciation (+ 3.53% 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 + 0.48% faster than this MSA.
Abilene-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $103,000.00 in 2001, you could multiply by + 7.03%, add the gain and see the home should be worth $110,241.98 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Abilene-TX from 2001 to 2002:
+ 3.52%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Yuba-City-CA, Providence-New-Bedford-Fall-River-RI-MA, and Chico-CA .
- Barnstable-Town-MA increased + 29.22% from 2001 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 27.71% from 2001 to the end of 2002
- Yuba-City-CA increased + 27.51% from 2001 to the end of 2002
- Providence-New-Bedford-Fall-River-RI-MA increased + 27.39% from 2001 to the end of 2002
- Chico-CA increased + 27.31% from 2001 to the end of 2002
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