Real Estate Appreciation for Albany Schenectady Troy, New York: - 2.09%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Albany Schenectady Troy, New York: - 2.09%
- State of NY: + 1.78%
- Difference: -217.39%
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 100.39 | - 3.00% | - 12.02% |
| 1996 | 3 | 100.84 | + 0.45% | + 1.79% |
| 1996 | 4 | 99.57 | - 1.26% | - 5.04% |
| 1997 | 1 | 100.49 | + 0.92% | + 3.70% |
| 1997 | 2 | 100.45 | - 0.04% | - 0.16% |
| 1997 | 3 | 100.17 | - 0.28% | - 1.11% |
| 1997 | 4 | 101.34 | + 1.17% | + 4.67% |
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Alcove, 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 Alcove, New York check out Spec-Loan.com
If you were going to do a Alcove, New York Refinance, or Alcove, New York Reverse Mortgages, you could estimate your home value.
If you knew your Alcove, New York home was worth $93,000.00 in 1996, you could multiply by - 2.09%, add the gain and see the home should be worth $91,059.13 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1996 to 1997:
- 1.04%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
- Bay-City-MI increased + 14.57% from 1996 to the end of 1997
- Jackson-MI increased + 14.25% from 1996 to the end of 1997
- Monroe-MI increased + 14.01% from 1996 to the end of 1997
- Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997
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
Zip Code in MSA: 12007 - ALCOVE, NY
MSA Pop: 840644Zip Pop: 0
Avg Value: 0
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.46741
Long: -73.92823