Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Odessa, Texas MSA appreciation it was + 20.21% (+ 5.05% yearly) from 1990 to 1993.

During the same time period, TX had + 11.23% (+ 2.81% yearly). You can see that the Odessa, Texas MSA experienced higher appreciation in this case.

Odessa-TX

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1990 2 88.29 + 9.72% + 38.87%
1990 3 85.45 - 3.22% - 12.87%
1990 4 88.6 + 3.69% + 14.75%
1991 1 87 - 1.81% - 7.22%
1991 2 87.92 + 1.06% + 4.23%
1991 3 87.54 - 0.43% - 1.73%
1991 4 93.1 + 6.35% + 25.41%
1992 1 92.48 - 0.67% - 2.66%
1992 2 93.67 + 1.29% + 5.15%
1992 3 96.16 + 2.66% + 10.63%
1992 4 95.32 - 0.87% - 3.49%
1993 1 93.7 - 1.70% - 6.80%
1993 2 96.27 + 2.74% + 10.97%
1993 3 97.94 + 1.73% + 6.94%
1993 4 96.73 - 1.24% - 4.94%


There are a lot of ways to use the appreciation data for Odessa, Texas .

Lets look at Notrees, Texas, a city located in Odessa, 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 Notrees, Texas check out Spec-Loan.com

If you were going to do a Notrees, Texas Refinance, or Notrees, Texas Reverse Mortgages, you could estimate your home value.

If you knew your Notrees, Texas home was worth $83,000.00 in 1990, you could multiply by + 20.21%, add the gain and see the home should be worth $99,771.22 in 1993. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Odessa-TX from 1990 to 1993:
+ 5.05%

Appreciation Comparisons

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

The top 5 performing MSAs from 1990 to 1993 were Corvallis-OR, Fairbanks-AK, Missoula-MT, Wenatchee-WA, and Yakima-WA .

  1. Corvallis-OR increased + 54.44% from 1990 to the end of 1993
  2. Fairbanks-AK increased + 52.29% from 1990 to the end of 1993
  3. Missoula-MT increased + 50.27% from 1990 to the end of 1993
  4. Wenatchee-WA increased + 48.00% from 1990 to the end of 1993
  5. Yakima-WA increased + 43.03% from 1990 to the end of 1993

Zip Code in MSA: 79759 - NOTREES, TX

MSA Pop: 122692
Zip Pop: 20
Avg Value: 9999
County: ECTOR
Elev: 2890
Region: South
Lat: 31.917222
Long: -102.755278