Real Estate Appreciation for Anchorage, Arkansas: - 30.04%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Anchorage, Arkansas MSA appreciation it was - 30.04% (- 7.51% yearly) from 1984 to 1987.
During the same time period, AK had - 30.74% (- 7.69% yearly).
You can see that the Anchorage, Arkansas MSA experienced higher appreciation in this case.
Anchorage-AK
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1984 | 2 | 107.04 | - 1.06% | - 4.25% |
| 1984 | 3 | 111.93 | + 4.57% | + 18.27% |
| 1984 | 4 | 108.44 | - 3.12% | - 12.47% |
| 1985 | 1 | 103.59 | - 4.47% | - 17.89% |
| 1985 | 2 | 105.22 | + 1.57% | + 6.29% |
| 1985 | 3 | 104.86 | - 0.34% | - 1.37% |
| 1985 | 4 | 102.46 | - 2.29% | - 9.16% |
| 1986 | 1 | 100.77 | - 1.65% | - 6.60% |
| 1986 | 2 | 103.28 | + 2.49% | + 9.96% |
| 1986 | 3 | 100.22 | - 2.96% | - 11.85% |
| 1986 | 4 | 96.78 | - 3.43% | - 13.73% |
| 1987 | 1 | 94.54 | - 2.31% | - 9.26% |
| 1987 | 2 | 87.88 | - 7.04% | - 28.18% |
| 1987 | 3 | 83.14 | - 5.39% | - 21.57% |
| 1987 | 4 | 75.69 | - 8.96% | - 35.84% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Anchorage-AK here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Arkansas, you can do some research at Spec-Loan.com.
If you were going to do a Anchorage, Arkansas Refinance, or Anchorage, Arkansas Reverse Mortgages, you could estimate your home value.
If you knew your Anchorage, Arkansas home was worth $71,000.00 in 1984, you could multiply by - 30.04%, add the gain and see the home should be worth $49,671.78 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anchorage-AK from 1984 to 1987:
- 7.51%
Appreciation Comparisons
The top 5 performing MSAs from 1984 to 1987 were New-Haven-Milford-CT, Providence-New-Bedford-Fall-River-RI-MA, Poughkeepsie-Newburgh-Middletown-NY, Bridgeport-Stamford-Norwalk-CT, and Springfield-MA .
- New-Haven-Milford-CT increased +103.08% from 1984 to the end of 1987
- Providence-New-Bedford-Fall-River-RI-MA increased +102.76% from 1984 to the end of 1987
- Poughkeepsie-Newburgh-Middletown-NY increased + 99.69% from 1984 to the end of 1987
- Bridgeport-Stamford-Norwalk-CT increased + 99.39% from 1984 to the end of 1987
- Springfield-MA increased + 95.46% from 1984 to the end of 1987
In contrast, the worst 5 MSAs from 1984 to 1987 were Lafayette-LA, Casper-WY, Anchorage-AK, Odessa-TX, and Midland-TX .
- Lafayette-LA decreased by - 34.44% between 1984 and 1987
- Casper-WY decreased by - 32.07% between 1984 and 1987
- Anchorage-AK decreased by - 30.04% between 1984 and 1987
- Odessa-TX decreased by - 27.22% between 1984 and 1987
- Midland-TX decreased by - 23.39% between 1984 and 1987
Zip Code in MSA: 99503 - ANCHORAGE, AK
MSA Pop: 339286Zip Pop: 13847
Avg Value: 118700
County: ANCHORAGE
Elev: 0
Region: West
Lat: 61.190395
Long: -149.890405