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 + 26.94% (+ 5.39% yearly) for the period between 2001 and the end of 2005.

The state had + 25.85% total appreciation (+ 5.17% 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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2002-2005 Quarterly Detailed Appreciation


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

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

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

If you knew your Adger, Alabama home was worth $106,000.00 in 2001, you could multiply by + 26.94%, add the gain and see the home should be worth $134,559.12 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 2001 to 2005:
+ 5.39%

Appreciation Comparisons

The worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .

  1. Lafayette-IN only increased + 9.24% between 2001 and 2005
  2. Burlington-NC only increased + 9.68% between 2001 and 2005
  3. Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
  4. Decatur-AL only increased + 12.39% between 2001 and 2005
  5. Jonesboro-AR only increased + 12.46% between 2001 and 2005

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 2005

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 35006 - ADGER, AL

MSA Pop: 1072646
Zip Pop: 3109
Avg Value: 57000
County: JEFFERSON
Elev: 600
Region: South
Lat: 33.44394
Long: -87.20292