Appreciation for MSAs:.

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

If we analyze Decatur, Alabama MSA appreciation it was + 17.47% (+ 2.91% yearly) from 1994 to 1999.

During the same time period, AL had + 23.43% (+ 3.91% yearly). From 1994 to 1999, Alabama outperformed the individual Decatur, Alabama MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Decatur-AL

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


Lets look at Courtland, Alabama, a city located in Decatur, Alabama MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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

If you knew your Courtland, Alabama home was worth $93,000.00 in 1994, you could multiply by + 17.47%, add the gain and see the home should be worth $109,249.14 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 1994 to 1999:
+ 2.91%

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: 35618 - COURTLAND, AL

MSA Pop: 147204
Zip Pop: 2329
Avg Value: 47800
County: LAWRENCE
Elev: 650
Region: South
Lat: 34.652725
Long: -87.30027