Real Estate Appreciation for Amarillo, Texas: + 4.77%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Amarillo, Texas did compared to the state as a whole.
The Amarillo, Texas MSA property value change was + 4.77% (+ 2.38% yearly).
All of the property in TX averaged + 5.10% change in value (+ 2.55% yearly).
Amarillo-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.63 | + 1.63% | + 6.52% |
| 1995 | 3 | 103.03 | + 1.38% | + 5.51% |
| 1995 | 4 | 103.74 | + 0.69% | + 2.76% |
| 1996 | 1 | 103.29 | - 0.43% | - 1.74% |
| 1996 | 2 | 103.91 | + 0.60% | + 2.40% |
| 1996 | 3 | 104.75 | + 0.81% | + 3.23% |
| 1996 | 4 | 104.77 | + 0.02% | + 0.08% |
There are a lot of ways to use the appreciation data for Amarillo, Texas .
Lets look at Bushland, Texas, a city located in Amarillo, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bushland, Texas check out Spec-Loan.com
If you were going to do a Bushland, Texas Refinance, or Bushland, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Bushland, Texas home was worth $91,000.00 in 1995, you could multiply by + 4.77%, add the gain and see the home should be worth $95,340.70 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Amarillo-TX from 1995 to 1996:
+ 2.38%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
Zip Code in MSA: 79012 - BUSHLAND, TX
MSA Pop: 233231Zip Pop: 465
Avg Value: 126300
County: POTTER
Elev: 3683
Region: South
Lat: 35.113053
Long: -102.052561