Real Estate Appreciation for Midland, Texas: - 2.36%
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.
- Midland, Texas: - 2.36%
- State of TX: + 4.52%
- Difference: -152.29%
Midland-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1988 | 2 | 96.98 | + 0.49% | + 1.95% |
| 1988 | 3 | 96.04 | - 0.97% | - 3.88% |
| 1988 | 4 | 98.92 | + 3.00% | + 12.00% |
| 1989 | 1 | 98.15 | - 0.78% | - 3.11% |
| 1989 | 2 | 97.76 | - 0.40% | - 1.59% |
| 1989 | 3 | 98.07 | + 0.32% | + 1.27% |
| 1989 | 4 | 94.18 | - 3.97% | - 15.87% |
| 1990 | 1 | 93.58 | - 0.64% | - 2.55% |
| 1990 | 2 | 94.4 | + 0.88% | + 3.51% |
| 1990 | 3 | 94.1 | - 0.32% | - 1.27% |
| 1990 | 4 | 94.18 | + 0.09% | + 0.34% |
| 1991 | 1 | 94.19 | + 0.01% | + 0.04% |
| 1991 | 2 | 95.66 | + 1.56% | + 6.24% |
| 1991 | 3 | 96.08 | + 0.44% | + 1.76% |
| 1991 | 4 | 94.23 | - 1.93% | - 7.70% |
There are a lot of ways to use the appreciation data for Midland, Texas .
Lets look at Midland, Texas, a city located in Midland, Texas MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Midland, Texas 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 $79,000.00 in 1988, you could multiply by - 2.36%, add the gain and see the home should be worth $77,133.66 in 1991. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Midland-TX from 1988 to 1991:
- 0.59%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 79703 - MIDLAND, TX
MSA Pop: 118624Zip Pop: 18582
Avg Value: 50400
County: MIDLAND
Elev: 2769
Region: South
Lat: 31.978591
Long: -102.118157