Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 13.30% (+ 4.43% yearly) from 2000 to 2002.

During the same time period, AL had + 12.34% (+ 4.11% yearly). You can see that the Birmingham Hoover, Alabama MSA experienced higher appreciation in this case.

Birmingham-Hoover-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 123.83 + 0.96% + 3.85%
2000 3 124.98 + 0.93% + 3.71%
2000 4 126.09 + 0.89% + 3.55%
2001 1 130.24 + 3.29% + 13.17%
2001 2 131.12 + 0.68% + 2.70%
2001 3 132.02 + 0.69% + 2.75%
2001 4 133.59 + 1.19% + 4.76%
2002 1 134.48 + 0.67% + 2.66%
2002 2 135.51 + 0.77% + 3.06%
2002 3 137.71 + 1.62% + 6.49%
2002 4 138.96 + 0.91% + 3.63%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Moody, Alabama click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Birmingham Hoover, Alabama.

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 $102,000.00 in 2000, you could multiply by + 13.30%, add the gain and see the home should be worth $115,563.96 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 2000 to 2002:
+ 4.43%

Appreciation Comparisons

The worst 5 MSAs from 2000 to 2002 were Wenatchee-WA, Lafayette-IN, Springfield-IL, Ogden-Clearfield-UT, and Provo-Orem-UT .

  1. Wenatchee-WA only increased + 5.30% between 2000 and 2002
  2. Lafayette-IN only increased + 7.07% between 2000 and 2002
  3. Springfield-IL only increased + 7.12% between 2000 and 2002
  4. Ogden-Clearfield-UT only increased + 7.34% between 2000 and 2002
  5. Provo-Orem-UT only increased + 7.67% between 2000 and 2002

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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