Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Birmingham Hoover, Alabama MSA appreciation it was + 51.02% (+ 5.10% yearly) from 1994 to 2003.

During the same time period, AL had + 43.51% (+ 4.35% yearly). You can see that the Birmingham Hoover, Alabama MSA experienced higher appreciation in this case.

Birmingham-Hoover-AL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


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

Lets look at Bessemer, 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 Bessemer, Alabama check out Spec-Loan.com

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

If you knew your Bessemer, Alabama home was worth $97,000.00 in 1994, you could multiply by + 51.02%, add the gain and see the home should be worth $146,487.93 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1994 to 2003:
+ 5.10%

Appreciation Comparisons

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 thru 1992

The top 5 performing MSAs from 1994 to 2003 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Barnstable-Town-MA increased +146.29% from 1994 to the end of 2003
  2. Salinas-CA increased +119.32% from 1994 to the end of 2003
  3. San-Diego-Carlsbad-San-Marcos-CA increased +119.20% from 1994 to the end of 2003
  4. Napa-CA increased +117.57% from 1994 to the end of 2003
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +116.73% from 1994 to the end of 2003

Zip Code in MSA: 35020 - BESSEMER, AL

MSA Pop: 1072646
Zip Pop: 31627
Avg Value: 48000
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.40098
Long: -86.94156