Real Estate Appreciation for Honolulu, Hawaii: - 18.00%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Honolulu, Hawaii: - 18.00%
- State of HI: - 21.52%
- Difference: - 16.34%
Honolulu-HI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1978 | 2 | 24.04 | + 5.02% | + 20.10% |
| 1978 | 3 | 24.3 | + 1.08% | + 4.33% |
| 1978 | 4 | 27.38 | + 12.67% | + 50.70% |
| 1979 | 1 | 27.13 | - 0.91% | - 3.65% |
| 1979 | 2 | 29.99 | + 10.54% | + 42.17% |
| 1979 | 3 | 32.73 | + 9.14% | + 36.55% |
| 1979 | 4 | 34.37 | + 5.01% | + 20.04% |
| 1980 | 1 | 36.9 | + 7.36% | + 29.44% |
| 1980 | 2 | 37.28 | + 1.03% | + 4.12% |
| 1980 | 3 | 38.22 | + 2.52% | + 10.09% |
| 1980 | 4 | 40.16 | + 5.08% | + 20.30% |
| 1981 | 1 | 38.58 | - 3.93% | - 15.74% |
| 1981 | 2 | 36.47 | - 5.47% | - 21.88% |
| 1981 | 3 | 31.96 | - 12.37% | - 49.47% |
| 1981 | 4 | 18.77 | - 41.27% | -165.08% |
Lets look at Kapolei, Hawaii, a city located in Honolulu, Hawaii 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 Kapolei, Hawaii Refinance, or Kapolei, Hawaii Reverse Mortgages, you could estimate your home value.
If you knew your Kapolei, Hawaii home was worth $59,000.00 in 1978, you could multiply by - 18.00%, add the gain and see the home should be worth $48,380.52 in 1981. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Honolulu-HI from 1978 to 1981:
- 4.50%
Appreciation Comparisons
The worst 5 MSAs from 1978 to 1981 were Honolulu-HI, Eugene-Springfield-OR, Pittsburgh-PA, Milwaukee-Waukesha-West-Allis-WI, and Cleveland-Elyria-Mentor-OH .
- Honolulu-HI decreased by - 18.00% between 1978 and 1981
- Eugene-Springfield-OR decreased by - 1.96% between 1978 and 1981
- Pittsburgh-PA only increased + 6.39% between 1978 and 1981
- Milwaukee-Waukesha-West-Allis-WI only increased + 13.23% between 1978 and 1981
- Cleveland-Elyria-Mentor-OH only increased + 19.19% between 1978 and 1981
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 96707 - KAPOLEI, HI
MSA Pop: 902704Zip Pop: 25054
Avg Value: 221700
County: HONOLULU
Elev: 32
Region: West
Lat: 21.335401
Long: -158.091789