Real Estate Appreciation for Midland, Texas: + 5.36%
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: + 5.36%
- State of TX: + 15.17%
- Difference: - 64.68%
Midland-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 106.17 | - 0.39% | - 1.58% |
| 1996 | 3 | 106.56 | + 0.37% | + 1.47% |
| 1996 | 4 | 105.72 | - 0.79% | - 3.15% |
| 1997 | 1 | 109.08 | + 3.18% | + 12.71% |
| 1997 | 2 | 108.25 | - 0.76% | - 3.04% |
| 1997 | 3 | 109.6 | + 1.25% | + 4.99% |
| 1997 | 4 | 111.9 | + 2.10% | + 8.39% |
| 1998 | 1 | 113.89 | + 1.78% | + 7.11% |
| 1998 | 2 | 112.63 | - 1.11% | - 4.43% |
| 1998 | 3 | 115.82 | + 2.83% | + 11.33% |
| 1998 | 4 | 114.56 | - 1.09% | - 4.35% |
| 1999 | 1 | 115.51 | + 0.83% | + 3.32% |
| 1999 | 2 | 110.71 | - 4.16% | - 16.62% |
| 1999 | 3 | 110.45 | - 0.23% | - 0.94% |
| 1999 | 4 | 112.3 | + 1.67% | + 6.70% |
If you want to learn more about fixing up and flipping property and Hard Money Rehab 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 $95,000.00 in 1996, you could multiply by + 5.36%, add the gain and see the home should be worth $100,089.13 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Midland-TX from 1996 to 1999:
+ 1.34%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Denver-Aurora-CO, and Ann-Arbor-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 52.03% from 1996 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 42.74% from 1996 to the end of 1999
- Barnstable-Town-MA increased + 33.97% from 1996 to the end of 1999
- Denver-Aurora-CO increased + 33.24% from 1996 to the end of 1999
- Ann-Arbor-MI increased + 31.04% from 1996 to the end of 1999
In contrast, the worst 5 MSAs from 1996 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Bakersfield-CA, Reading-PA, and Albany-Schenectady-Troy-NY .
- Honolulu-HI decreased by - 13.65% between 1996 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.34% between 1996 and 1999
- Bakersfield-CA decreased by - 0.56% between 1996 and 1999
- Reading-PA decreased by - 0.46% between 1996 and 1999
- Albany-Schenectady-Troy-NY decreased by - 0.38% between 1996 and 1999
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