Real Estate Appreciation for Bakersfield, California: +137.90%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bakersfield, California MSA appreciated +137.90% (+ 10.61% yearly) between 1993 and the end of 2005.
The state of CA had +183.01% total appreciation (+ 14.08% yearly).
The state average for California was higher than the real estate appreciation in the Bakersfield, California MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 32.72% faster than this MSA.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Glennville, California Refinance, or Glennville, California Reverse Mortgages, you could estimate your home value.
If you knew your Glennville, California home was worth $98,000.00 in 1993, you could multiply by +137.90%, add the gain and see the home should be worth $233,140.73 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1993 to 2005:
+ 10.61%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2005 were Rochester-NY, Elmira-NY, Binghamton-NY, Buffalo-Niagara-Falls-NY, and Utica-Rome-NY .
- Rochester-NY only increased + 31.91% between 1993 and 2005
- Elmira-NY only increased + 34.09% between 1993 and 2005
- Binghamton-NY only increased + 34.60% between 1993 and 2005
- Buffalo-Niagara-Falls-NY only increased + 36.77% between 1993 and 2005
- Utica-Rome-NY only increased + 37.94% between 1993 and 2005
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
Zip Code in MSA: 93226 - GLENNVILLE, CA
MSA Pop: 713087Zip Pop: 280
Avg Value: 109100
County: KERN
Elev: 408
Region: West
Lat: 35.729152
Long: -118.693271