Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Birmingham Hoover, Alabama MSA appreciated + 9.45% (+ 4.73% yearly) between 1993 and the end of 1994.

The state of AL had + 6.21% total appreciation (+ 3.11% yearly). The Birmingham Hoover, Alabama MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 52.14% faster than the state as a whole.

Birmingham-Hoover-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 91.77 + 1.09% + 4.36%
1993 3 93.93 + 2.35% + 9.41%
1993 4 94.86 + 0.99% + 3.96%
1994 1 95.73 + 0.92% + 3.67%
1994 2 98.12 + 2.50% + 9.99%
1994 3 98.25 + 0.13% + 0.53%
1994 4 99.36 + 1.13% + 4.52%


There are a lot of ways to use the appreciation data for Birmingham Hoover, Alabama .

Lets look at Moody, Alabama, a city located in Birmingham Hoover, Alabama 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 Moody, Alabama check out Spec-Loan.com

If you were going to do a Moody, Alabama Refinance, or Moody, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Moody, Alabama home was worth $87,000.00 in 1993, you could multiply by + 9.45%, add the gain and see the home should be worth $95,222.74 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1993 to 1994:
+ 4.73%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1993 to 1994 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .

  1. Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
  2. Kingston-NY decreased by - 12.24% between 1993 and 1994
  3. Binghamton-NY decreased by - 10.95% between 1993 and 1994
  4. Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
  5. Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 35004 - MOODY, AL

MSA Pop: 1072646
Zip Pop: 6998
Avg Value: 91300
County: SAINT CLAIR
Elev: 570
Region: South
Lat: 33.59142
Long: -86.50002