Real Estate Appreciation for Albuquerque, New Mexico: + 42.46%
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: + 42.46%
- State of NM: + 49.92%
- Difference: - 14.93%
Albuquerque-NM
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Albuquerque, New Mexico include real estate investment .
Lets look at Belen, 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 Belen, New Mexico Refinance, or Belen, New Mexico Reverse Mortgages, you could estimate your home value.
If you knew your Belen, New Mexico home was worth $103,000.00 in 1998, you could multiply by + 42.46%, add the gain and see the home should be worth $146,738.43 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1998 to 2005:
+ 5.31%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1998 to 2005 were Salinas-CA, Naples-Marco-Island-FL, Merced-CA, Vallejo-Fairfield-CA, and Napa-CA .
- Salinas-CA increased +233.30% from 1998 to the end of 2005
- Naples-Marco-Island-FL increased +202.95% from 1998 to the end of 2005
- Merced-CA increased +201.80% from 1998 to the end of 2005
- Vallejo-Fairfield-CA increased +201.28% from 1998 to the end of 2005
- Napa-CA increased +197.88% from 1998 to the end of 2005
Zip Code in MSA: 87002 - BELEN, NM
MSA Pop: 764869Zip Pop: 20673
Avg Value: 87100
County: VALENCIA
Elev: 4841
Region: West
Lat: 34.655093
Long: -106.761577