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 - 3.33% (- 0.56% yearly) between 1993 and the end of 1998.

The state of NY had + 8.82% total appreciation (+ 1.47% 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 -364.85% faster than this MSA.

Albany-Schenectady-Troy-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


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If you were going to do a Altamont, New York Refinance, or Altamont, New York Reverse Mortgages, you could estimate your home value.

If you knew your Altamont, New York home was worth $91,000.00 in 1993, you could multiply by - 3.33%, add the gain and see the home should be worth $87,969.50 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1993 to 1998:
- 0.56%

Appreciation Comparisons

The worst 5 MSAs from 1993 to 1998 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Glens-Falls-NY, and Riverside-San-Bernardino-Ontario-CA .

  1. Honolulu-HI decreased by - 13.59% between 1993 and 1998
  2. Utica-Rome-NY decreased by - 5.95% between 1993 and 1998
  3. Binghamton-NY decreased by - 5.13% between 1993 and 1998
  4. Glens-Falls-NY decreased by - 4.89% between 1993 and 1998
  5. Riverside-San-Bernardino-Ontario-CA decreased by - 4.67% between 1993 and 1998

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 12009 - ALTAMONT, NY

MSA Pop: 840644
Zip Pop: 7628
Avg Value: 131900
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.70314
Long: -74.02866