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 + 3.85% (+ 1.92% yearly) from 2004 to 2005.

During the same time period, AL had + 13.92% (+ 6.96% yearly). From 2004 to 2005, 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 139.52 - 1.20% - 4.79%
2004 3 140.17 + 0.47% + 1.86%
2004 4 143.03 + 2.04% + 8.16%
2005 1 142.67 - 0.25% - 1.01%
2005 2 147.64 + 3.48% + 13.93%
2005 3 149.33 + 1.14% + 4.58%
2005 4 146.64 - 1.80% - 7.21%


Lets look at Decatur, 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 Decatur, Alabama Refinance, or Decatur, Alabama Reverse Mortgages, you could estimate your home value.

If you knew your Decatur, Alabama home was worth $109,000.00 in 2004, you could multiply by + 3.85%, add the gain and see the home should be worth $113,191.42 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Decatur-AL from 2004 to 2005:
+ 1.92%

Appreciation Comparisons

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

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

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