Real Estate Appreciation for Albany Schenectady Troy, New York: - 4.56%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Albany Schenectady Troy, New York MSA appreciated - 4.56% (- 1.52% yearly) between 1993 and the end of 1995.
The state of NY had - 0.01% total appreciation (- 0.00% yearly).
The state average for New York was higher than the real estate appreciation in the Albany Schenectady Troy, New York MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated - 99.77% faster than this MSA.
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 107.74 | + 0.50% | + 2.01% |
| 1993 | 3 | 107.87 | + 0.12% | + 0.48% |
| 1993 | 4 | 107.78 | - 0.08% | - 0.33% |
| 1994 | 1 | 107.51 | - 0.25% | - 1.00% |
| 1994 | 2 | 104.74 | - 2.58% | - 10.31% |
| 1994 | 3 | 103.58 | - 1.11% | - 4.43% |
| 1994 | 4 | 102.9 | - 0.66% | - 2.63% |
| 1995 | 1 | 100 | - 2.82% | - 11.27% |
| 1995 | 2 | 100.96 | + 0.96% | + 3.84% |
| 1995 | 3 | 102.5 | + 1.53% | + 6.10% |
| 1995 | 4 | 102.31 | - 0.19% | - 0.74% |
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Alplaus, New York, a city located in Albany Schenectady Troy, New York 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 Alplaus, New York check out Spec-Loan.com
If you were going to do a Alplaus, New York Refinance, or Alplaus, New York Reverse Mortgages, you could estimate your home value.
If you knew your Alplaus, New York home was worth $88,000.00 in 1993, you could multiply by - 4.56%, add the gain and see the home should be worth $83,985.82 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1993 to 1995:
- 1.52%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
Zip Code in MSA: 12008 - ALPLAUS, NY
MSA Pop: 840644Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023