Home Equity Appreciation for Albany Schenectady Troy, New York: + 34.55%
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: + 34.55%
- State of NY: + 65.19%
- Difference: - 47.00%
Albany-Schenectady-Troy-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Altamont, 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 Altamont, New York check out Spec-Loan.com
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 $101,000.00 in 1998, you could multiply by + 34.55%, add the gain and see the home should be worth $135,898.37 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1998 to 2003:
+ 5.76%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1998 to 2003 were Ogden-Clearfield-UT, Fayetteville-NC, Columbus-IN, Wenatchee-WA, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 8.97% between 1998 and 2003
- Fayetteville-NC only increased + 9.62% between 1998 and 2003
- Columbus-IN only increased + 11.16% between 1998 and 2003
- Wenatchee-WA only increased + 11.18% between 1998 and 2003
- Provo-Orem-UT only increased + 11.70% between 1998 and 2003
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 12009 - ALTAMONT, NY
MSA Pop: 840644Zip Pop: 7628
Avg Value: 131900
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.70314
Long: -74.02866