Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Colorado Springs, Colorado MSA appreciation it was + 38.23% (+ 6.37% yearly) from 1994 to 1999.

During the same time period, CO had + 50.09% (+ 8.35% yearly). From 1994 to 1999, Colorado outperformed the individual Colorado Springs, Colorado MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Colorado-Springs-CO

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1996-1999 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Palmer Lake, Colorado Refinance, or Palmer Lake, Colorado Reverse Mortgages, you could estimate your home value.

If you knew your Palmer Lake, Colorado home was worth $93,000.00 in 1994, you could multiply by + 38.23%, add the gain and see the home should be worth $128,555.54 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1994 to 1999:
+ 6.37%

Appreciation Comparisons

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

The top 5 performing MSAs from 1994 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Denver-Aurora-CO, Monroe-MI, Battle-Creek-MI, and Jackson-MI .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 55.06% from 1994 to the end of 1999
  2. Denver-Aurora-CO increased + 54.88% from 1994 to the end of 1999
  3. Monroe-MI increased + 50.44% from 1994 to the end of 1999
  4. Battle-Creek-MI increased + 49.19% from 1994 to the end of 1999
  5. Jackson-MI increased + 48.18% from 1994 to the end of 1999

Zip Code in MSA: 80133 - PALMER LAKE, CO

MSA Pop: 572264
Zip Pop: 1529
Avg Value: 150300
County: EL PASO
Elev: 6008
Region: West
Lat: 39.117561
Long: -104.913457