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 Birmingham Hoover, Alabama MSA appreciated + 5.28% (+ 2.64% yearly) for the period between 1999 and the end of 2000.

The state had + 4.61% total appreciation (+ 2.31% yearly). The Birmingham Hoover, Alabama 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.

Birmingham-Hoover-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 120.71 + 0.78% + 3.14%
1999 3 120.52 - 0.16% - 0.63%
1999 4 122.37 + 1.54% + 6.14%
2000 1 122.65 + 0.23% + 0.92%
2000 2 123.83 + 0.96% + 3.85%
2000 3 124.98 + 0.93% + 3.71%
2000 4 126.09 + 0.89% + 3.55%


If you need information on Hard Money Rehab Loans in Moody, Alabama look at 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 $99,000.00 in 1999, you could multiply by + 5.28%, add the gain and see the home should be worth $104,224.01 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1999 to 2000:
+ 2.64%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2000 were Midland-TX, Coeur-d'Alene-ID, Wenatchee-WA, Lewiston-ID-WA, and Lawton-OK .

  1. Midland-TX decreased by - 2.50% between 1999 and 2000
  2. Coeur-d'Alene-ID decreased by - 2.19% between 1999 and 2000
  3. Wenatchee-WA decreased by - 1.05% between 1999 and 2000
  4. Lewiston-ID-WA decreased by - 0.85% between 1999 and 2000
  5. Lawton-OK decreased by - 0.79% between 1999 and 2000

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