Real Estate Appreciation for Birmingham Hoover, Alabama: + 17.87%
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 + 17.87% (+ 4.47% yearly) from 2000 to 2003.
During the same time period, AL had + 16.00% (+ 4.00% yearly).
You can see that the Birmingham Hoover, Alabama MSA experienced higher appreciation in this case.
Birmingham-Hoover-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 140.7 | + 1.25% | + 5.01% |
| 2003 | 2 | 142.3 | + 1.14% | + 4.55% |
| 2003 | 3 | 143.27 | + 0.68% | + 2.73% |
| 2003 | 4 | 144.57 | + 0.91% | + 3.63% |
There are a lot of ways to use the appreciation data for Birmingham Hoover, Alabama .
Lets look at Adamsville, 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 Adamsville, Alabama check out Spec-Loan.com
If you were going to do a Adamsville, Alabama Refinance, or Adamsville, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Adamsville, Alabama home was worth $103,000.00 in 2000, you could multiply by + 17.87%, add the gain and see the home should be worth $121,408.15 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 2000 to 2003:
+ 4.47%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 35005 - ADAMSVILLE, AL
MSA Pop: 1072646Zip Pop: 8985
Avg Value: 76600
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.590768
Long: -86.961908