Real Estate Appreciation for Allentown Bethlehem Easton, Pensylivania, New Jersey: + 5.88%
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.
- Allentown Bethlehem Easton, Pensylivania, New Jersey: + 5.88%
- State of PA: + 8.69%
- Difference: - 32.30%
Allentown-Bethlehem-Easton-PA-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 105.47 | - 1.06% | - 4.24% |
| 1998 | 3 | 106.19 | + 0.68% | + 2.73% |
| 1998 | 4 | 107.44 | + 1.18% | + 4.71% |
| 1999 | 1 | 107.85 | + 0.38% | + 1.53% |
| 1999 | 2 | 107.83 | - 0.02% | - 0.07% |
| 1999 | 3 | 108.34 | + 0.47% | + 1.89% |
| 1999 | 4 | 108.36 | + 0.02% | + 0.07% |
| 2000 | 1 | 108.93 | + 0.53% | + 2.10% |
| 2000 | 2 | 110.35 | + 1.30% | + 5.21% |
| 2000 | 3 | 111.91 | + 1.41% | + 5.65% |
| 2000 | 4 | 112.87 | + 0.86% | + 3.43% |
Lets look at Belvidere, Pensylivania, a city located in Allentown Bethlehem Easton, Pensylivania, New Jersey MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Belvidere, Pensylivania Refinance, or Belvidere, Pensylivania Reverse Mortgages, you could estimate your home value.
If you knew your Belvidere, Pensylivania home was worth $98,000.00 in 1998, you could multiply by + 5.88%, add the gain and see the home should be worth $103,764.17 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Allentown-Bethlehem-Easton-PA-NJ from 1998 to 2000:
+ 1.96%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1998 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 60.41% from 1998 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 58.08% from 1998 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 53.83% from 1998 to the end of 2000
- Salinas-CA increased + 50.81% from 1998 to the end of 2000
- Napa-CA increased + 45.22% from 1998 to the end of 2000
Zip Code in MSA: 7823 - BELVIDERE, NJ
MSA Pop: 768036Zip Pop: 7366
Avg Value: 145600
County: WARREN
Elev: 257
Region: Northeast
Lat: 40.829199
Long: -75.064759