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Hot Springs, AR - House Price Index (HPI) - 16 Year Chart
Hot Springs Real Estate Market
100
1000
The House Price Index (HPI) shows changes in Hot Springs, AR single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Thursday, March 29, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
Hot Springs Real Estate Index: 16 Year Chart
Home Values Appreciation Rate - US Cities
10
Hot Springs Real Estate Market: Trend, Analysis & Statistics
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Commentary  10214
4th Quarter, 2011 Housing Statistics: Hot Springs, Arkansas


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 Hot Springs housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Hot Springs 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 Hot Springs is 89% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 4th Quarter of 2012 than they were in
the 4th Quarter of 2011. Check this page each quarter for updates to the Hot
Springs Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      87%

The forecast for the trend in the Hot Springs housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Hot Springs is 87%. In other words, when tested against historical
data, the forecasting methodology was correct 87% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in Hot
Springs is 87% during this period. If this Housing Market Forecast is correct,
home prices will be lower in the 4th Quarter of 2014 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Hot Springs
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Hot Springs, Arkansas


Historical Home Price Appreciation
Last Quarter                                     -2.50%
Last Year . . . . . . . . . . . . . . . . . . . .  -2.1%
Last 5 Years                                     1%
Last 10 Years . . . . . . . . . . . . . . . . . 36%
Last 20 Years                                   
Decline From All Time High               7.33%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993      9.41%
1994      3.89%
1995      9.77%
1996      6.00%
1997      4.08%
1998      0.14%
1999      1.46%
2000      2.29%
2001      7.39%
2002      3.54%
2003      4.09%
2004      7.54%
2005      10.82%
2006      5.41%
2007      7.81%
2008      0.68%
2009      -5.45%
2010      0.13%
2011      -2.12%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -2.50%        Rank: 370 of 381 (2nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -2.1%          Rank: 169 of 381 (55th Percentile)
Last 5 Years                              1%              Rank: 106 of 381 (72nd Percentile)
Last 10 Years  . . . . . . . . . . . .   36%            Rank: 96 of 381 (75th Percentile)

Decline From All Time High        7.33%

Home Price appreciation rates for Hot Springs, AR are shown above for five
time periods. For example: Hot Springs appreciated -2.50% in the Last Quarter.
At that rate, the Hot Springs Real Estate Market was ranked 370th out of 381
metropolitan areas for Real Estate Appreciation. Hot Springs was in the 2nd
percentile. So Hot Springs, AR performed better in the Last Quarter than 2% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Hot Springs, Arkansas

The all time high in the Hot Springs Home Price Index was 191.6 in the 4th
Quarter, of 2008. The 4th Quarter, 2011 index value was 177.6. That's a
decline of 14.05 points or 7.33% below the Hot Springs Home Price Index all
time high.  The Home Price Index indicates that the Hot Springs Market is up
36% over the last 10 years. Home Prices in the Hot Springs Real Estate Market
have lost 2.12% over the last 12 months.

The 4th Quarter index value was 4.55 points lower than the 3rd Quarter, 2011
index value of 182.13, resulting in a 2.50% decline for the 4th Quarter in the
Hot Springs Market.

The Hot Springs Home Price Index declined in the last quarter after increasing
in the previous 2 quarters. The current record holder for consecutive declines
in the Home Price Index is Las Vegas, NV, with declines in the last 20
consecutive quarters. The current record holders for consecutive increases in
the Home Price Index are Wheeling, WV; Washington, DC; St. Cloud, MN and
Grand Forks, ND, with increases in the last 3 consecutive quarters.

The highest annual home appreciation rate in the Hot Springs Real Estate
Market was 12% in the twelve months ended with the 1st Quarter of 1994. The
worst annual home appreciation rate in the Hot Springs Market was -7% in the
twelve months ended with the 2nd Quarter of 2010.

The highest home appreciation in the Hot Springs Real Estate Market over a
three year period was 28% in the three years ended with the 1st Quarter of
2007. The worst home appreciation over a three year period in the Hot Springs
Market was -9% in the three years ended with the 1st Quarter of 2011.

This page provides a long term graph of the Hot Springs Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Hot Springs Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Hot Springs Real Estate Market. Another opens a forecast for
appreciation rates in the state of Arkansas. 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 Hot Springs Home
Prices will be at your fingertips when you need them.

Historical data on the Hot Springs Home Price Index is available back to the 3rd
Quarter, of 1992. All calculations are based on the quarterly value of the House
Price Index for the Hot Springs 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 Hot Springs 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
4th Quarter, 2011 Housing Data: Hot Springs, Arkansas

The appreciation of Hot Springs 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 4th Quarter of 2011, Hot Springs Home Prices had a rank of 370,
with appreciation of -2.50%. The top performing real estate market during the
4th Quarter was Vineland, NJ, with appreciation of 6.09%. The worst market
during that period was Valdosta, GA, with appreciation of -5.24%.
The median appreciation for all cities during the 4th Quarter was 0.24%. The
average appreciation for all markets during the quarter was 0.29%.

Last Year:
During the last 12 months, Hot Springs Home Prices had a rank of 169, with
appreciation during the year of -2.12%. The top performing market during the
last year was Midland, TX, with appreciation of 4.7%. The worst real estate
market during that period was Carson City, NV, with appreciation of -18.1%.
The median appreciation for all markets during this period was -2.61%. The
average appreciation was -2.93%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2011, Hot Springs Home Prices
ranked 106, with a total appreciation of 0.6%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 23%. The
worst market during that period was Merced, CA, with appreciation of -62%.
The median appreciation for all cities during this time period was -7%. The
average appreciation over the 5 years was -11%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2011, Hot Springs Home Prices
had a rank of 96, with appreciation during the decade of 36%. 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 24%. The
average appreciation for the cities over that time frame was 25%.

Last 20 Years:
Twenty year data is not available
The median appreciation for all cities during the last 20 years was 85%. The
average appreciation for the markets over that time frame was 87%.

Historical research data on the Home Price Index for the Hot Springs Real
Estate Market is available back to the 3rd Quarter, of 1992. All calculations are
based on the quarterly value of the House Price Index for Hot Springs. 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.)




























































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