Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Bend, Oregon MSA appreciated + 51.82% (+ 12.95% yearly) for the period between 1989 and the end of 1992.

The state had + 44.82% total appreciation (+ 11.20% yearly). The Bend, Oregon MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Bend-OR

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1989 2 58.91 - 0.76% - 3.03%
1989 3 62.87 + 6.72% + 26.89%
1989 4 64.92 + 3.26% + 13.04%
1990 1 69 + 6.28% + 25.14%
1990 2 73.51 + 6.54% + 26.14%
1990 3 74.75 + 1.69% + 6.75%
1990 4 76.49 + 2.33% + 9.31%
1991 1 78.96 + 3.23% + 12.92%
1991 2 80.33 + 1.74% + 6.94%
1991 3 81.51 + 1.47% + 5.88%
1991 4 83.45 + 2.38% + 9.52%
1992 1 86.16 + 3.25% + 12.99%
1992 2 87.04 + 1.02% + 4.09%
1992 3 88.2 + 1.33% + 5.33%
1992 4 90.12 + 2.18% + 8.71%


There are a lot of ways to use the appreciation data for Bend, Oregon .

Lets look at Bend, Oregon, a city located in Bend, Oregon 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 Bend, Oregon check out Spec-Loan.com

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

If you knew your Bend, Oregon home was worth $81,000.00 in 1989, you could multiply by + 51.82%, add the gain and see the home should be worth $122,973.72 in 1992. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bend-OR from 1989 to 1992:
+ 12.95%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Casper-WY lost - 34.10% from 1983 thru 1986
  2. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 97707 - BEND, OR

MSA Pop: 129492
Zip Pop: 5144
Avg Value: 190000
County: DESCHUTES
Elev: 3629
Region: West
Lat: 43.84458
Long: -121.50891