Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Albany, Georgia MSA appreciation it was + 17.46% (+ 5.82% yearly) from 2004 to 2006.

During the same time period, GA had + 15.21% (+ 5.07% yearly). You can see that the Albany, Georgia MSA experienced higher appreciation in this case.

Albany-GA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 140.79 + 0.64% + 2.57%
2004 3 143.31 + 1.79% + 7.16%
2004 4 144.87 + 1.09% + 4.35%
2005 1 144.85 - 0.01% - 0.06%
2005 2 150.92 + 4.19% + 16.76%
2005 3 151.59 + 0.44% + 1.78%
2005 4 157.44 + 3.86% + 15.44%
2006 1 158.39 + 0.60% + 2.41%
2006 2 159.84 + 0.92% + 3.66%
2006 3 160.92 + 0.68% + 2.70%
2006 4 164.31 + 2.11% + 8.43%


There are a lot of ways to use the appreciation data for Albany, Georgia .

Lets look at Albany, Georgia, a city located in Albany, Georgia MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Albany, Georgia check out Spec-Loan.com

If you were going to do a Albany, Georgia Refinance, or Albany, Georgia Reverse Mortgages, you could estimate your home value.

If you knew your Albany, Georgia home was worth $110,000.00 in 2004, you could multiply by + 17.46%, add the gain and see the home should be worth $129,202.23 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-GA from 2004 to 2006:
+ 5.82%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .

  1. Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
  2. Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
  3. Bend-OR increased + 75.09% from 2004 to the end of 2006
  4. Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
  5. Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006

Zip Code in MSA: 31702 - ALBANY, GA

MSA Pop: 161104
Zip Pop: 0
Avg Value: 0
County: DOUGHERTY
Elev: 208
Region: South
Lat: 31.600675
Long: -84.20185