Real Estate Appreciation for Midland, Texas: + 9.35%
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 + 9.35% (+ 2.34% yearly) between 1993 and the end of 1996.
The state of TX had + 8.49% total appreciation (+ 2.12% yearly).
The Midland, Texas MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 10.13% faster than the state as a whole.
Midland-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 99.4 | + 2.81% | + 11.25% |
| 1993 | 3 | 100.61 | + 1.22% | + 4.87% |
| 1993 | 4 | 101.13 | + 0.52% | + 2.07% |
| 1994 | 1 | 102.42 | + 1.28% | + 5.10% |
| 1994 | 2 | 103.13 | + 0.69% | + 2.77% |
| 1994 | 3 | 101.91 | - 1.18% | - 4.73% |
| 1994 | 4 | 101.83 | - 0.08% | - 0.31% |
| 1995 | 1 | 100 | - 1.80% | - 7.19% |
| 1995 | 2 | 103.26 | + 3.26% | + 13.04% |
| 1995 | 3 | 104.25 | + 0.96% | + 3.83% |
| 1995 | 4 | 105.84 | + 1.53% | + 6.10% |
| 1996 | 1 | 106.59 | + 0.71% | + 2.83% |
| 1996 | 2 | 106.17 | - 0.39% | - 1.58% |
| 1996 | 3 | 106.56 | + 0.37% | + 1.47% |
| 1996 | 4 | 105.72 | - 0.79% | - 3.15% |
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 $89,000.00 in 1993, you could multiply by + 9.35%, add the gain and see the home should be worth $97,321.89 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Midland-TX from 1993 to 1996:
+ 2.34%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1996 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Greeley-CO .
- Salt-Lake-City-UT increased + 55.78% from 1993 to the end of 1996
- Provo-Orem-UT increased + 52.50% from 1993 to the end of 1996
- Ogden-Clearfield-UT increased + 51.69% from 1993 to the end of 1996
- Logan-UT-ID increased + 43.02% from 1993 to the end of 1996
- Greeley-CO increased + 41.92% from 1993 to the end of 1996
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 .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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