Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Birmingham Hoover, Alabama MSA appreciated + 9.55% (+ 4.78% yearly) between 2003 and the end of 2004.

The state of AL had + 7.65% total appreciation (+ 3.83% yearly). The Birmingham Hoover, Alabama MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 24.86% faster than the state as a whole.

Birmingham-Hoover-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 142.3 + 1.14% + 4.55%
2003 3 143.27 + 0.68% + 2.73%
2003 4 144.57 + 0.91% + 3.63%
2004 1 147.32 + 1.90% + 7.61%
2004 2 147.86 + 0.37% + 1.47%
2004 3 150.95 + 2.09% + 8.36%
2004 4 154.14 + 2.11% + 8.45%


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 $107,000.00 in 2003, you could multiply by + 9.55%, add the gain and see the home should be worth $117,220.90 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Birmingham-Hoover-AL from 2003 to 2004:
+ 4.78%

Appreciation Comparisons

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

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

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