Home Equity Appreciation for Lawton, Oklahoma: - 0.79%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Lawton, Oklahoma MSA appreciated - 0.79% (- 0.40% yearly) for the period between 1999 and the end of 2000.
The state had + 6.81% total appreciation (+ 3.41% yearly).
The state average for Oklahoma was higher than the real estate appreciation in the Lawton, Oklahoma MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated -959.50% faster than this MSA.
Lawton-OK
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 104.84 | - 3.36% | - 13.42% |
| 1999 | 3 | 106.92 | + 1.98% | + 7.94% |
| 1999 | 4 | 105.18 | - 1.63% | - 6.51% |
| 2000 | 1 | 105.31 | + 0.12% | + 0.49% |
| 2000 | 2 | 105.91 | + 0.57% | + 2.28% |
| 2000 | 3 | 107.32 | + 1.33% | + 5.33% |
| 2000 | 4 | 107.62 | + 0.28% | + 1.12% |
Lets look at Lawton, Oklahoma, a city located in Lawton, Oklahoma 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 Lawton, Oklahoma Refinance, or Lawton, Oklahoma Reverse Mortgages, you could estimate your home value.
If you knew your Lawton, Oklahoma home was worth $99,000.00 in 1999, you could multiply by - 0.79%, add the gain and see the home should be worth $98,215.15 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Lawton-OK from 1999 to 2000:
- 0.40%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1999 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 44.43% from 1999 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 41.93% from 1999 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 41.14% from 1999 to the end of 2000
- Salinas-CA increased + 39.42% from 1999 to the end of 2000
- Napa-CA increased + 33.84% from 1999 to the end of 2000
Zip Code in MSA: 73501 - LAWTON, OK
MSA Pop: 113890Zip Pop: 22230
Avg Value: 68500
County: COMANCHE
Elev: 1111
Region: South
Lat: 34.608515
Long: -98.395028