Appreciation for MSAs:.

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

The Decatur, Alabama MSA appreciated + 2.30% (+ 1.15% yearly) between 1993 and the end of 1994.

The state of AL had + 6.21% total appreciation (+ 3.11% yearly). The state average for Alabama was higher than the real estate appreciation in the Decatur, Alabama MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +170.19% faster than this MSA.

Decatur-AL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 101.55 + 1.52% + 6.08%
1993 3 102.42 + 0.86% + 3.43%
1993 4 101.87 - 0.54% - 2.15%
1994 1 104.28 + 2.37% + 9.46%
1994 2 105.33 + 1.01% + 4.03%
1994 3 103.12 - 2.10% - 8.39%
1994 4 102.33 - 0.77% - 3.06%


If you need information on Hard Money Rehab Loans in Decatur, Alabama look at Spec-Loan.com

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

If you knew your Decatur, Alabama home was worth $87,000.00 in 1993, you could multiply by + 2.30%, add the gain and see the home should be worth $89,000.40 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 1993 to 1994:
+ 1.15%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .

  1. Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
  2. Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
  3. Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
  4. Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
  5. Greeley-CO increased + 25.00% from 1993 to the end of 1994

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 35601 - DECATUR, AL

MSA Pop: 147204
Zip Pop: 34859
Avg Value: 74600
County: MORGAN
Elev: 573
Region: South
Lat: 34.589482
Long: -86.982979