Appreciation for MSAs:.

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

If we analyze Albuquerque, New Mexico MSA appreciation it was + 93.38% (+ 7.18% yearly) from 1994 to 2006.

During the same time period, NM had + 94.55% (+ 7.27% yearly). From 1994 to 2006, New Mexico outperformed the individual Albuquerque, New Mexico MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Albuquerque-NM

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


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 Bernalillo, New Mexico Refinance, or Bernalillo, New Mexico Reverse Mortgages, you could estimate your home value.

If you knew your Bernalillo, New Mexico home was worth $100,000.00 in 1994, you could multiply by + 93.38%, add the gain and see the home should be worth $193,382.59 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1994 to 2006:
+ 7.18%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, San-Jose-Sunnyvale-Santa-Clara-CA, Bend-OR, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +248.87% from 1994 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +228.05% from 1994 to the end of 2006
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +216.45% from 1994 to the end of 2006
  4. Bend-OR increased +211.83% from 1994 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +210.92% from 1994 to the end of 2006

Zip Code in MSA: 87004 - BERNALILLO, NM

MSA Pop: 764869
Zip Pop: 8154
Avg Value: 74900
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.308802
Long: -106.546963