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Ames, IA - House Price Index (HPI) - 20 Year Chart
Ames Real Estate Market
100
1000
The House Price Index (HPI) shows changes in Ames, IA single family home prices in logarithmic
scale. The March, 1995 index value equals 100.  Updated Wednesday, January 25, 2012. Real estate
forecasts, analysis, statistics and appreciation rates are provided below.
Ames Real Estate Index: 20 Year Chart
Home Values Appreciation Rate - US Cities
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Ames Real Estate Market: Trend, Analysis & Statistics
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Commentary  9307
3rd Quarter, 2011 Housing Statistics: Ames, Iowa


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      89%

Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Ames housing market for the 12
months ending with the 3rd Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Ames is 89%. In other words, when tested against historical
data, the forecasting methodology was correct 89% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Ames is 89% during this period. If this Housing Market Forecast is correct,
home prices will be lower in the 3rd Quarter of 2012 than they were in the 3rd
Quarter of 2011. Check this page each quarter for updates to the Ames Real
Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      93%

The forecast for the trend in the Ames housing market for the 3 years ending
with the 3rd Quarter of 2014 is DOWN. The Accuracy of the Trend Forecast for
Ames is 93%. In other words, when tested against historical data, the
forecasting methodology was correct 93% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Ames is 93% during this period. If this Housing Market Forecast is correct,
home prices will be lower in the 3rd Quarter of 2014 than they were in the 3rd
Quarter of 2011. Check this page each quarter for updates to the Ames Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2011 Housing Data: Ames, Iowa


Historical Home Price Appreciation
Last Quarter                                     0.30%
Last Year . . . . . . . . . . . . . . . . . . . .  -0.5%
Last 5 Years                                     3%
Last 10 Years . . . . . . . . . . . . . . . . . 20%
Last 20 Years                                   97%
Decline From All Time High               1.36%


Annual Home Price Appreciation Rates
1981        n/a
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989      3.78%
1990      5.54%
1991      7.55%
1992      3.48%
1993      7.70%
1994      7.08%
1995      4.95%
1996      2.18%
1997      7.10%
1998      4.01%
1999      2.64%
2000      5.21%
2001      4.56%
2002      2.94%
2003      4.68%
2004      2.91%
2005      4.42%
2006      0.36%
2007      2.39%
2008      -0.40%
2009      0.32%
2010      1.20%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.30%         Rank: 234 of 381 (38th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.5%          Rank: 50 of 381 (87th Percentile)
Last 5 Years                              3%              Rank: 83 of 381 (78th Percentile)
Last 10 Years  . . . . . . . . . . . .   20%            Rank: 252 of 381 (33rd Percentile)
Last 20 Years                            97%            Rank: 124 of 351 (64th Percentile)
Decline From All Time High        1.36%

Home Price appreciation rates for Ames, IA are shown above for five time
periods. For example: Ames appreciated 0.30% in the Last Quarter. At that
rate, the Ames Real Estate Market was ranked 234th out of 381 metropolitan
areas for Real Estate Appreciation. Ames was in the 38th percentile. So Ames,
IA performed better in the Last Quarter than 38% of the 381 metropolitan areas
covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2011 Housing Statistics: Ames, Iowa

The all time high in the Ames Home Price Index was 161.2 in the 1st Quarter, of
2008. The 3rd Quarter, 2011 index value was 159.0. That's a decline of 2.20
points or 1.36% below the Ames Home Price Index all time high.  The Home
Price Index indicates that the Ames Market is up 20% over the last 10 years.
Home Prices in the Ames Real Estate Market have lost 0.53% over the last 12
months.

The 3rd Quarter index value was 0.48 points higher than the 2nd Quarter, 2011
index value of 158.51, resulting in a 0.30% rise in the 3rd Quarter for the Ames
Market.

The Ames Home Price Index has increased for the last 2 consecutive quarters.
The current record holder for consecutive increases in the Home Price Index is
Bismarck, ND, with increases in the last 6 consecutive quarters. The current
record holder for consecutive declines in the Home Price Index is Las Vegas,
NV, with declines in the last 19 consecutive quarters.

The highest annual home appreciation rate in the Ames Real Estate Market was
9% in the twelve months ended with the 2nd Quarter of 1994. The worst annual
home appreciation rate in the Ames Market was -4% in the twelve months
ended with the 1st Quarter of 2010.

The highest home appreciation in the Ames Real Estate Market over a three
year period was 24% in the three years ended with the 2nd Quarter of 1994.
The worst home appreciation over a three year period in the Ames Market was
-4% in the three years ended with the 1st Quarter of 2011.

This page provides a long term graph of the Ames Home Price Index (above).
The house price chart has been updated through the 3rd Quarter of 2011. For
more information about Ames Home Prices, look at the links under that chart.
One link opens a long term chart of historical appreciation rates for the Ames
Real Estate Market. Another opens a forecast for appreciation rates in the state
of Iowa. Just one glance at Forecast-Chart.com's long term charts can provide
tremendous insight into the historical trends of residential property values.
Bookmark this page! Then Forecast-Chart.com's detailed research and
statistics about Ames Home Prices will be at your fingertips when you need
them.

Historical data on the Ames Home Price Index is available back to the 1st
Quarter, of 1988. All calculations are based on the quarterly value of the House
Price Index for the Ames Market. The terms House Price Index and Home Price
Index, as used in this site, refer to the Federal Housing Finance Agency (FHFA)
House Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Ames Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
3rd Quarter, 2011 Housing Data: Ames, Iowa

The appreciation of Ames Home Prices relative to 380 other metropolitan areas
is detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period.

Last Quarter:
During the 3rd Quarter of 2011, Ames Home Prices had a rank of 234, with
appreciation of 0.30%. The top performing real estate market during the 3rd
Quarter was Lewiston, ID, with appreciation of 7.64%. The worst market during
that period was Sumter, SC, with appreciation of -5.30%.
The median appreciation for all cities during the 3rd Quarter was 0.70%. The
average appreciation for all markets during the quarter was 0.72%.

Last Year:
During the last 12 months, Ames Home Prices had a rank of 50, with
appreciation during the year of -0.53%. The top performing market during the
last year was Elmira, NY, with appreciation of 6.1%. The worst real estate
market during that period was Carson City, NV, with appreciation of -15.4%.
The median appreciation for all markets during this period was -3.41%. The
average appreciation was -4.02%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2011, Ames Home Prices
ranked 83, with a total appreciation of 3.2%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 27%. The
worst market during that period was Merced, CA, with appreciation of -64%.
The median appreciation for all cities during this time period was -6%. The
average appreciation over the 5 years was -10%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2011, Ames Home Prices had
a rank of 252, with appreciation during the decade of 20%. The top performing
market during the period was Midland, TX, with appreciation of 92%. The worst
real estate market during the 10 year time period was Detroit, MI, with
appreciation of -29%.
The median appreciation for all markets during the last 10 years was 26%. The
average appreciation for the cities over that time frame was 26%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2011, Ames Home Prices had
a rank of 124, with total appreciation over the 20 year period of 97%. The top
performing real estate market during the period was Casper, WY, with
appreciation of 214%. The worst market during the last 20 years was Merced,
CA, with appreciation of 6%.
The median appreciation for all cities during the last 20 years was 87%. The
average appreciation for the markets over that time frame was 89%.

Historical research data on the Home Price Index for the Ames Real Estate
Market is available back to the 1st Quarter, of 1988. All calculations are based
on the quarterly value of the House Price Index for Ames. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)



PART 5: NATIONAL ECONOMIC FORECASTS
Local economies and home values are influenced in varying degrees by
national economic conditions. Forecasts for some relevant indicators are
included below. The date shown to the right of the forecast represents the
target date of the forecast.   Abbreviations: SSAR (Seasonally Adjusted Annual
Rate),  Q1 (First Quarter),  Q2 (Second Quarter),  etc.

U. S. Home Values (12 Month Appreciation or Depreciation)  -1.9%  (2012-Q4)
30 Year Mortgage Interest Rate:  3.25%  (December, 2012)
15 Year Mortgage Rate:  2.93%  (December, 2012)
Adjustable Rate Mortgage Rate:  0.00%  (December, 2012)
Housing Starts (SSAR in 1000's):  732  (November, 2012)
Prime Interest Rate:  0.11%  (December, 2012)
US Unemployment Rate (Overall):  8.63%  (November, 2012)
US Inflation or Deflation (-):  3.04%  (November, 2012)
Crude Oil Prices (Dollars per Barrel):  $92.4  (November, 2012)
Natural Gas Prices (Dollars Per Million BTU):  $3.37  (November, 2012)
U.S. Dollar Trade Weighted Currency Exchange Index:   105  (December, 2012)
GDP (Gross Domestic Product) SSAR in Trillions:  $15.6  (2012-Q2)
GNP (Gross National Product) SSAR in Trillions:  $16.0  (2012-Q2)
Federal Surplus or Deficit (-) in Billions:  $-1704  (2011)
National Debt (Trillions):  $14.6  (2012-Q2)
Fed Funds Rate:  4.03%  (December, 2012)
S&P 500 (Standard & Poor's 500 Stock Index):  1245  (December, 2012)
DJIA (Dow Jones Industrial Average):  12030  (December, 2012)
U. S. Exports (SSAR in Billions):  $2338  (2012-Q2)
U. S. Imports (SSAR in Billions):  $3042  (2012-Q2)
U. S. Personal Savings Rate:  4.61%  (November, 2012)

































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