Real Estate Appreciation for Baltimore Towson, Maryland: +122.14%
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 +122.14% (+ 17.45% yearly) from 2000 to 2006.
During the same time period, MD had +125.60% (+ 17.94% yearly).
From 2000 to 2006, 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
2003-2006 Quarterly Detailed Appreciation
2000-2003 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 $106,000.00 in 2000, you could multiply by +122.14%, add the gain and see the home should be worth $235,472.68 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 2000 to 2006:
+ 17.45%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
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