Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Midland, Texas MSA appreciation it was - 23.39% (- 5.85% yearly) from 1984 to 1987.

During the same time period, TX had - 8.12% (- 2.03% yearly). From 1984 to 1987, Texas outperformed the individual Midland, Texas MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Midland-TX

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1984 2 128.07 - 1.29% - 5.15%
1984 3 120.7 - 5.75% - 23.02%
1984 4 120.15 - 0.46% - 1.82%
1985 1 118.53 - 1.35% - 5.39%
1985 2 118.55 + 0.02% + 0.07%
1985 3 116.06 - 2.10% - 8.40%
1985 4 114.63 - 1.23% - 4.93%
1986 1 119.51 + 4.26% + 17.03%
1986 2 118.5 - 0.85% - 3.38%
1986 3 111.2 - 6.16% - 24.64%
1986 4 107.27 - 3.53% - 14.14%
1987 1 105.45 - 1.70% - 6.79%
1987 2 101.88 - 3.39% - 13.54%
1987 3 94.72 - 7.03% - 28.11%
1987 4 99.39 + 4.93% + 19.72%


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 1984, you could multiply by - 23.39%, add the gain and see the home should be worth $54,391.01 in 1987. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Midland-TX from 1984 to 1987:
- 5.85%

Appreciation Comparisons

The worst 5 MSAs from 1984 to 1987 were Lafayette-LA, Casper-WY, Anchorage-AK, Odessa-TX, and Midland-TX .

  1. Lafayette-LA decreased by - 34.44% between 1984 and 1987
  2. Casper-WY decreased by - 32.07% between 1984 and 1987
  3. Anchorage-AK decreased by - 30.04% between 1984 and 1987
  4. Odessa-TX decreased by - 27.22% between 1984 and 1987
  5. Midland-TX decreased by - 23.39% between 1984 and 1987

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. 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 .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 79703 - MIDLAND, TX

MSA Pop: 118624
Zip Pop: 18582
Avg Value: 50400
County: MIDLAND
Elev: 2769
Region: South
Lat: 31.978591
Long: -102.118157