Real Estate Appreciation for Baltimore Towson, Maryland: - 0.78%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Baltimore Towson, Maryland MSA appreciated - 0.78% (- 0.39% yearly) between 1993 and the end of 1994.
The state of MD had - 1.59% total appreciation (- 0.80% yearly).
The Baltimore Towson, Maryland MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 51.27% faster than the state as a whole.
Baltimore-Towson-MD
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 101.22 | + 0.67% | + 2.67% |
| 1993 | 3 | 101.64 | + 0.41% | + 1.66% |
| 1993 | 4 | 102.24 | + 0.59% | + 2.36% |
| 1994 | 1 | 102.59 | + 0.34% | + 1.37% |
| 1994 | 2 | 101.78 | - 0.79% | - 3.16% |
| 1994 | 3 | 100.82 | - 0.94% | - 3.77% |
| 1994 | 4 | 99.77 | - 1.04% | - 4.17% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Baltimore-Towson-MD here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Maryland, you can do some research at Spec-Loan.com.
If you were going to do a Annapolis Junction, Maryland Refinance, or Annapolis Junction, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Annapolis Junction, Maryland home was worth $87,000.00 in 1993, you could multiply by - 0.78%, add the gain and see the home should be worth $86,325.11 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 1993 to 1994:
- 0.39%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
Zip Code in MSA: 20701 - ANNAPOLIS JUNCTION, MD
MSA Pop: 2616229Zip Pop: 40
Avg Value: 187500
County: HOWARD
Elev: 233
Region: South
Lat: 39.12037
Long: -76.79082