Real Estate Appreciation for Athens Clarke County, Georgia: + 9.98%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Athens Clarke County, Georgia: + 9.98%
- State of GA: + 10.86%
- Difference: - 8.14%
Athens-Clarke-County-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 118.75 | + 0.93% | + 3.71% |
| 1998 | 3 | 120.13 | + 1.16% | + 4.65% |
| 1998 | 4 | 122 | + 1.56% | + 6.23% |
| 1999 | 1 | 123.06 | + 0.87% | + 3.48% |
| 1999 | 2 | 125.33 | + 1.84% | + 7.38% |
| 1999 | 3 | 127.32 | + 1.59% | + 6.35% |
| 1999 | 4 | 129.4 | + 1.63% | + 6.53% |
There are a lot of ways to use the appreciation data for Athens Clarke County, Georgia .
Lets look at Bishop, Georgia, a city located in Athens Clarke County, Georgia 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 Bishop, Georgia check out Spec-Loan.com
If you were going to do a Bishop, Georgia Refinance, or Bishop, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Bishop, Georgia home was worth $97,000.00 in 1998, you could multiply by + 9.98%, add the gain and see the home should be worth $106,678.57 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 1998 to 1999:
+ 4.99%
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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
Zip Code in MSA: 30621 - BISHOP, GA
MSA Pop: 172232Zip Pop: 3226
Avg Value: 116200
County: OCONEE
Elev: 736
Region: South
Lat: 33.83322
Long: -83.47207