Real Estate Appreciation for Pueblo, Colorado: + 5.80%
Appreciation for MSAs:.
Let's start by comparing Pueblo, Colorado to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 5.80% (+ 2.90% yearly) for the Pueblo, Colorado MSA.
The entire state of CO had + 5.88% appreciation (+ 2.94% yearly).
The state average for Colorado was higher than the real estate appreciation in the Pueblo, Colorado MSA. This means the conditions in the MSA for real estate investment were worse by + 1.30%.
Pueblo-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 145.83 | + 0.59% | + 2.37% |
| 2002 | 3 | 148.28 | + 1.68% | + 6.72% |
| 2002 | 4 | 150.4 | + 1.43% | + 5.72% |
| 2003 | 1 | 151.33 | + 0.62% | + 2.47% |
| 2003 | 2 | 152.59 | + 0.83% | + 3.33% |
| 2003 | 3 | 153.38 | + 0.52% | + 2.07% |
| 2003 | 4 | 153.38 | + 0.00% | + 0.00% |
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 $105,000.00 in 2002, you could multiply by + 5.80%, add the gain and see the home should be worth $111,091.26 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pueblo-CO from 2002 to 2003:
+ 2.90%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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