Real Estate Appreciation for Anchorage, Arkansas: + 13.95%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Anchorage, Arkansas MSA appreciated + 13.95% (+ 3.49% yearly) between 1993 and the end of 1996.
The state of AK had + 17.03% total appreciation (+ 4.26% yearly).
The state average for Arkansas was higher than the real estate appreciation in the Anchorage, Arkansas MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 22.07% faster than this MSA.
Anchorage-AK
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 94.83 | + 0.75% | + 3.02% |
| 1993 | 3 | 96.12 | + 1.36% | + 5.44% |
| 1993 | 4 | 96.52 | + 0.42% | + 1.66% |
| 1994 | 1 | 97.31 | + 0.82% | + 3.27% |
| 1994 | 2 | 99.23 | + 1.97% | + 7.89% |
| 1994 | 3 | 100.4 | + 1.18% | + 4.72% |
| 1994 | 4 | 98.59 | - 1.80% | - 7.21% |
| 1995 | 1 | 100 | + 1.43% | + 5.72% |
| 1995 | 2 | 101.26 | + 1.26% | + 5.04% |
| 1995 | 3 | 102.64 | + 1.36% | + 5.45% |
| 1995 | 4 | 102.46 | - 0.18% | - 0.70% |
| 1996 | 1 | 103.82 | + 1.33% | + 5.31% |
| 1996 | 2 | 105.84 | + 1.95% | + 7.78% |
| 1996 | 3 | 105.76 | - 0.08% | - 0.30% |
| 1996 | 4 | 107.25 | + 1.41% | + 5.64% |
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 $89,000.00 in 1993, you could multiply by + 13.95%, add the gain and see the home should be worth $101,415.75 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anchorage-AK from 1993 to 1996:
+ 3.49%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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