Real Estate Appreciation for Pueblo, Colorado: - 4.73%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Pueblo, Colorado MSA appreciated - 4.73% (- 1.58% yearly) for the period between 1979 and the end of 1981.
The state had + 24.41% total appreciation (+ 8.14% yearly).
The state average for Colorado was higher than the real estate appreciation in the Pueblo, Colorado MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated -615.53% faster than this MSA.
Pueblo-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1979 | 2 | 57.42 | - 1.86% | - 7.45% |
| 1979 | 3 | 61.33 | + 6.81% | + 27.24% |
| 1979 | 4 | 61.26 | - 0.11% | - 0.46% |
| 1980 | 1 | 60.34 | - 1.50% | - 6.01% |
| 1980 | 2 | 65.8 | + 9.05% | + 36.19% |
| 1980 | 3 | 62.54 | - 4.95% | - 19.82% |
| 1980 | 4 | 67.08 | + 7.26% | + 29.04% |
| 1981 | 1 | 61.87 | - 7.77% | - 31.07% |
| 1981 | 2 | 64.76 | + 4.67% | + 18.68% |
| 1981 | 3 | 66.74 | + 3.06% | + 12.23% |
| 1981 | 4 | 55.74 | - 16.48% | - 65.93% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Pueblo-CO here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Colorado, you can do some research at Spec-Loan.com.
If you were going to do a Pueblo, Colorado Refinance, or Pueblo, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Pueblo, Colorado home was worth $60,000.00 in 1979, you could multiply by - 4.73%, add the gain and see the home should be worth $57,159.46 in 1981. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pueblo-CO from 1979 to 1981:
- 1.58%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1979 to 1981 were San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Santa-Cruz-Watsonville-CA, Vallejo-Fairfield-CA, and Sacramento-Arden-Arcade-Roseville-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 52.33% from 1979 to the end of 1981
- Oxnard-Thousand-Oaks-Ventura-CA increased + 43.77% from 1979 to the end of 1981
- Santa-Cruz-Watsonville-CA increased + 43.75% from 1979 to the end of 1981
- Vallejo-Fairfield-CA increased + 43.37% from 1979 to the end of 1981
- Sacramento-Arden-Arcade-Roseville-CA increased + 41.70% from 1979 to the end of 1981
Zip Code in MSA: 81001 - PUEBLO, CO
MSA Pop: 148751Zip Pop: 30715
Avg Value: 82300
County: PUEBLO
Elev: 4662
Region: West
Lat: 38.285536
Long: -104.579223