Home Equity Appreciation for Albuquerque, New Mexico: + 5.79%
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: + 5.79%
- State of NM: + 8.80%
- Difference: - 34.23%
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% |
| 2001 | 1 | 113.23 | + 2.41% | + 9.62% |
| 2001 | 2 | 113.96 | + 0.64% | + 2.58% |
| 2001 | 3 | 114.55 | + 0.52% | + 2.07% |
| 2001 | 4 | 115.47 | + 0.80% | + 3.21% |
Some of the ways peope use our appreciation data for Albuquerque, New Mexico include real estate investment .
Lets look at Algodones, New Mexico, a city located in Albuquerque, New Mexico MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in New Mexico check out 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 $99,000.00 in 1998, you could multiply by + 5.79%, add the gain and see the home should be worth $104,732.30 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1998 to 2001:
+ 1.45%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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