Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Anderson, South Carlina MSA appreciated + 15.37% (+ 5.12% yearly) for the period between 1999 and the end of 2001.

The state had + 14.71% total appreciation (+ 4.90% yearly). The Anderson, South Carlina MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Anderson-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 123.85 + 0.50% + 2.01%
1999 3 125.48 + 1.32% + 5.26%
1999 4 128.81 + 2.65% + 10.62%
2000 1 127.28 - 1.19% - 4.75%
2000 2 129.3 + 1.59% + 6.35%
2000 3 130.95 + 1.28% + 5.10%
2000 4 133.18 + 1.70% + 6.81%
2001 1 136.18 + 2.25% + 9.01%
2001 2 137.56 + 1.01% + 4.05%
2001 3 139.21 + 1.20% + 4.80%
2001 4 142.17 + 2.13% + 8.51%


There are a lot of ways to use the appreciation data for Anderson, South Carlina .

Lets look at Anderson, South Carlina, a city located in Anderson, South Carlina 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 Anderson, South Carlina check out Spec-Loan.com

If you were going to do a Anderson, South Carlina Refinance, or Anderson, South Carlina Reverse Mortgages, you could estimate your home value.

If you knew your Anderson, South Carlina home was worth $100,000.00 in 1999, you could multiply by + 15.37%, add the gain and see the home should be worth $115,369.63 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 1999 to 2001:
+ 5.12%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 1999 to 2001 were Salinas-CA, Santa-Rosa-Petaluma-CA, Vallejo-Fairfield-CA, Barnstable-Town-MA, and Santa-Cruz-Watsonville-CA .

  1. Salinas-CA increased + 55.48% from 1999 to the end of 2001
  2. Santa-Rosa-Petaluma-CA increased + 53.43% from 1999 to the end of 2001
  3. Vallejo-Fairfield-CA increased + 52.75% from 1999 to the end of 2001
  4. Barnstable-Town-MA increased + 51.91% from 1999 to the end of 2001
  5. Santa-Cruz-Watsonville-CA increased + 51.50% from 1999 to the end of 2001

Zip Code in MSA: 29622 - ANDERSON, SC

MSA Pop: 171510
Zip Pop: 0
Avg Value: 0
County: ANDERSON
Elev: 771
Region: South
Lat: 34.497192
Long: -82.657924