Appreciation for MSAs:.

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

The Midland, Texas MSA appreciated - 29.43% (- 4.90% yearly) between 1983 and the end of 1988.

The state of TX had - 10.93% total appreciation (- 1.82% yearly). The state average for Texas was higher than the real estate appreciation in the Midland, Texas MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated - 62.84% faster than this MSA.

Midland-TX

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1985-1988 Quarterly Detailed Appreciation


Lets look at Midland, Texas, a city located in Midland, Texas 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 Midland, Texas Refinance, or Midland, Texas Reverse Mortgages, you could estimate your home value.

If you knew your Midland, Texas home was worth $71,000.00 in 1983, you could multiply by - 29.43%, add the gain and see the home should be worth $50,105.73 in 1988. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Midland-TX from 1983 to 1988:
- 4.90%

Appreciation Comparisons

The top 5 performing MSAs from 1983 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, New-Haven-Milford-CT, Worcester-MA, and Poughkeepsie-Newburgh-Middletown-NY .

  1. Providence-New-Bedford-Fall-River-RI-MA increased +149.30% from 1983 to the end of 1988
  2. Springfield-MA increased +142.96% from 1983 to the end of 1988
  3. New-Haven-Milford-CT increased +138.44% from 1983 to the end of 1988
  4. Worcester-MA increased +136.48% from 1983 to the end of 1988
  5. Poughkeepsie-Newburgh-Middletown-NY increased +132.57% from 1983 to the end of 1988

In contrast, the worst 5 MSAs from 1983 to 1988 were Lafayette-LA, Casper-WY, Midland-TX, Grand-Junction-CO, and Oklahoma-City-OK .

  1. Lafayette-LA decreased by - 42.13% between 1983 and 1988
  2. Casper-WY decreased by - 37.50% between 1983 and 1988
  3. Midland-TX decreased by - 29.43% between 1983 and 1988
  4. Grand-Junction-CO decreased by - 26.42% between 1983 and 1988
  5. Oklahoma-City-OK decreased by - 23.01% between 1983 and 1988

Zip Code in MSA: 79705 - MIDLAND, TX

MSA Pop: 118624
Zip Pop: 28552
Avg Value: 88700
County: MIDLAND
Elev: 2769
Region: South
Lat: 32.030846
Long: -102.090162