Real Estate Appreciation for Albuquerque, New Mexico: + 1.30%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Albuquerque, New Mexico: + 1.30%
- State of NM: + 3.97%
- Difference: - 67.22%
Albuquerque-NM
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 108.78 | - 0.34% | - 1.36% |
| 1998 | 3 | 109.21 | + 0.40% | + 1.58% |
| 1998 | 4 | 110.07 | + 0.79% | + 3.15% |
| 1999 | 1 | 109.67 | - 0.36% | - 1.45% |
| 1999 | 2 | 109.29 | - 0.35% | - 1.39% |
| 1999 | 3 | 108.75 | - 0.49% | - 1.98% |
| 1999 | 4 | 108.83 | + 0.07% | + 0.29% |
| 2000 | 1 | 109.32 | + 0.45% | + 1.80% |
| 2000 | 2 | 109.19 | - 0.12% | - 0.48% |
| 2000 | 3 | 109.8 | + 0.56% | + 2.23% |
| 2000 | 4 | 110.57 | + 0.70% | + 2.81% |
If you need information on Hard Money Rehab Loans in Algodones, New Mexico look at Spec-Loan.com
If you were going to do a Algodones, New Mexico Refinance, or Algodones, New Mexico Reverse Mortgages, you could estimate your home value.
If you knew your Algodones, New Mexico home was worth $98,000.00 in 1998, you could multiply by + 1.30%, add the gain and see the home should be worth $99,274.94 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1998 to 2000:
+ 0.43%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 87001 - ALGODONES, NM
MSA Pop: 764869Zip Pop: 3482
Avg Value: 102000
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.379625
Long: -106.480056