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 + 45.87% (+ 5.73% yearly) for the period between 1999 and the end of 2006.

The state had + 43.76% total appreciation (+ 5.47% 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

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation


Lets look at Allgood, Alabama, a city located in Birmingham Hoover, Alabama MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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

If you knew your Allgood, Alabama home was worth $105,000.00 in 1999, you could multiply by + 45.87%, add the gain and see the home should be worth $153,164.82 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 1999 to 2006:
+ 5.73%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2006 were Naples-Marco-Island-FL, Salinas-CA, Merced-CA, Riverside-San-Bernardino-Ontario-CA, and Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M .

  1. Naples-Marco-Island-FL increased +209.59% from 1999 to the end of 2006
  2. Salinas-CA increased +204.52% from 1999 to the end of 2006
  3. Merced-CA increased +196.27% from 1999 to the end of 2006
  4. Riverside-San-Bernardino-Ontario-CA increased +194.43% from 1999 to the end of 2006
  5. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +190.86% from 1999 to the end of 2006

For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

Zip Code in MSA: 35013 - ALLGOOD, AL

MSA Pop: 1072646
Zip Pop: 0
Avg Value: 0
County: BLOUNT
Elev: 885
Region: South
Lat: 33.965656
Long: -86.379904