Real Estate Appreciation for Baltimore Towson, Maryland: + 37.01%
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.
- Baltimore Towson, Maryland: + 37.01%
- State of MD: + 38.53%
- Difference: - 3.94%
Baltimore-Towson-MD
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Baltimore Towson, Maryland .
Lets look at Laurel, Maryland, a city located in Baltimore Towson, Maryland 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 Laurel, Maryland check out 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 $98,000.00 in 1996, you could multiply by + 37.01%, add the gain and see the home should be worth $134,273.46 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 1996 to 2002:
+ 5.29%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 20724 - LAUREL, MD
MSA Pop: 2616229Zip Pop: 13032
Avg Value: 144300
County: ANNE ARUNDEL
Elev: 41
Region: South
Lat: 39.094674
Long: -76.818916