Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 62.80% (+ 8.97% yearly) from 2000 to 2006.

During the same time period, NM had + 61.49% (+ 8.78% yearly). You can see that the Albuquerque, New Mexico MSA experienced higher appreciation in this case.

Albuquerque-NM

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 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 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 $106,000.00 in 2000, you could multiply by + 62.80%, add the gain and see the home should be worth $172,565.13 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 2000 to 2006:
+ 8.97%

Appreciation Comparisons

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

The top 5 performing MSAs from 2000 to 2006 were Naples-Marco-Island-FL, Riverside-San-Bernardino-Ontario-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Merced-CA, and Bakersfield-CA .

  1. Naples-Marco-Island-FL increased +181.38% from 2000 to the end of 2006
  2. Riverside-San-Bernardino-Ontario-CA increased +177.29% from 2000 to the end of 2006
  3. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +176.02% from 2000 to the end of 2006
  4. Merced-CA increased +174.94% from 2000 to the end of 2006
  5. Bakersfield-CA increased +170.91% from 2000 to the end of 2006

Zip Code in MSA: 87002 - BELEN, NM

MSA Pop: 764869
Zip Pop: 20673
Avg Value: 87100
County: VALENCIA
Elev: 4841
Region: West
Lat: 34.655093
Long: -106.761577