Real Estate Appreciation for Baltimore Towson, Maryland: + 13.35%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Baltimore Towson, Maryland did compared to the state as a whole.
The Baltimore Towson, Maryland MSA property value change was + 13.35% (+ 2.67% yearly).
All of the property in MD averaged + 12.24% change in value (+ 2.45% yearly).
Baltimore-Towson-MD
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
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 Laurel, Maryland Refinance, or Laurel, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Laurel, Maryland home was worth $94,000.00 in 1995, you could multiply by + 13.35%, add the gain and see the home should be worth $106,549.00 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 1995 to 1999:
+ 2.67%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1999 were Honolulu-HI, Bakersfield-CA, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Madera-CA .
- Honolulu-HI decreased by - 15.07% between 1995 and 1999
- Bakersfield-CA only increased + 2.63% between 1995 and 1999
- Utica-Rome-NY only increased + 2.95% between 1995 and 1999
- Albany-Schenectady-Troy-NY only increased + 3.11% between 1995 and 1999
- Madera-CA only increased + 3.11% between 1995 and 1999
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 20723 - LAUREL, MD
MSA Pop: 2616229Zip Pop: 24079
Avg Value: 166600
County: HOWARD
Elev: 233
Region: South
Lat: 39.132157
Long: -76.860248