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 + 6.45% (+ 3.23% yearly) for the period between 2001 and the end of 2002.

The state had + 6.84% total appreciation (+ 3.42% yearly). The state average for South Carlina was higher than the real estate appreciation in the Anderson, South Carlina MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 5.98% faster than this MSA.

Anderson-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 137.56 + 1.01% + 4.05%
2001 3 139.21 + 1.20% + 4.80%
2001 4 142.17 + 2.13% + 8.51%
2002 1 140.82 - 0.95% - 3.80%
2002 2 142.86 + 1.45% + 5.79%
2002 3 144.01 + 0.80% + 3.22%
2002 4 144.97 + 0.67% + 2.67%


If you need information on Hard Money Rehab Loans in Anderson, South Carlina look at 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 $103,000.00 in 2001, you could multiply by + 6.45%, add the gain and see the home should be worth $109,648.33 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Anderson-SC from 2001 to 2002:
+ 3.23%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 29621 - ANDERSON, SC

MSA Pop: 171510
Zip Pop: 32300
Avg Value: 108900
County: ANDERSON
Elev: 771
Region: South
Lat: 34.525701
Long: -82.642853