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 - 32.81% (- 4.69% yearly) between 1983 and the end of 1989.

The state of TX had - 8.40% total appreciation (- 1.20% 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 - 74.41% faster than this MSA.

Midland-TX

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1986-1989 Quarterly Detailed Appreciation
1983-1986 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $72,000.00 in 1983, you could multiply by - 32.81%, add the gain and see the home should be worth $48,376.69 in 1989. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Midland-TX from 1983 to 1989:
- 4.69%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1983 to 1989 were Casper-WY, Midland-TX, Lafayette-LA, Anchorage-AK, and Oklahoma-City-OK .

  1. Casper-WY decreased by - 35.78% between 1983 and 1989
  2. Midland-TX decreased by - 32.81% between 1983 and 1989
  3. Lafayette-LA decreased by - 32.70% between 1983 and 1989
  4. Anchorage-AK decreased by - 27.15% between 1983 and 1989
  5. Oklahoma-City-OK decreased by - 21.84% between 1983 and 1989

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 79706 - MIDLAND, TX

MSA Pop: 118624
Zip Pop: 15773
Avg Value: 49600
County: MIDLAND
Elev: 2769
Region: South
Lat: 31.991724
Long: -102.074367