Real Estate Appreciation for Baltimore Towson, Maryland: + 68.40%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Baltimore Towson, Maryland MSA appreciation it was + 68.40% (+ 13.68% yearly) from 2000 to 2004.
During the same time period, MD had + 71.00% (+ 14.20% yearly).
From 2000 to 2004, Maryland outperformed the individual Baltimore Towson, Maryland MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Baltimore-Towson-MD
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 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 Laurel, Maryland Refinance, or Laurel, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Laurel, Maryland home was worth $104,000.00 in 2000, you could multiply by + 68.40%, add the gain and see the home should be worth $175,131.27 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 2000 to 2004:
+ 13.68%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2000 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Lafayette-IN, Provo-Orem-UT, and Columbus-IN .
- Ogden-Clearfield-UT only increased + 10.49% between 2000 and 2004
- Jackson-TN only increased + 10.54% between 2000 and 2004
- Lafayette-IN only increased + 11.54% between 2000 and 2004
- Provo-Orem-UT only increased + 12.30% between 2000 and 2004
- Columbus-IN only increased + 13.22% between 2000 and 2004
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