Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Bangor, Maine MSA appreciation it was + 15.56% (+ 2.22% yearly) from 1994 to 2000.

During the same time period, ME had + 28.67% (+ 4.10% yearly). From 1994 to 2000, Maine outperformed the individual Bangor, Maine MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Bangor, Maine .

Lets look at Bradford, Maine, a city located in Bangor, Maine 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 Bradford, Maine check out Spec-Loan.com

If you were going to do a Bradford, Maine Refinance, or Bradford, Maine Reverse Mortgages, you could estimate your home value.

If you knew your Bradford, Maine home was worth $94,000.00 in 1994, you could multiply by + 15.56%, add the gain and see the home should be worth $108,628.05 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1994 to 2000:
+ 2.22%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 2000 were Honolulu-HI, Utica-Rome-NY, Albany-Schenectady-Troy-NY, Bakersfield-CA, and Binghamton-NY .

  1. Honolulu-HI decreased by - 13.20% between 1994 and 2000
  2. Utica-Rome-NY decreased by - 0.93% between 1994 and 2000
  3. Albany-Schenectady-Troy-NY only increased + 0.49% between 1994 and 2000
  4. Bakersfield-CA only increased + 1.73% between 1994 and 2000
  5. Binghamton-NY only increased + 1.91% between 1994 and 2000

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 4410 - BRADFORD, ME

MSA Pop: 146982
Zip Pop: 1161
Avg Value: 72000
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 45.088104
Long: -68.907911