Appreciation for MSAs:.

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

If we analyze Bend, Oregon MSA appreciation it was + 11.38% (+ 3.79% yearly) from 1994 to 1996.

During the same time period, OR had + 25.60% (+ 8.53% yearly). From 1994 to 1996, Oregon outperformed the individual Bend, Oregon MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bend-OR

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 97.37 + 1.20% + 4.78%
1994 3 99.26 + 1.94% + 7.76%
1994 4 98.58 - 0.69% - 2.74%
1995 1 100 + 1.44% + 5.76%
1995 2 101.4 + 1.40% + 5.60%
1995 3 103.57 + 2.14% + 8.56%
1995 4 104.78 + 1.17% + 4.67%
1996 1 106.23 + 1.38% + 5.54%
1996 2 107.03 + 0.75% + 3.01%
1996 3 106.43 - 0.56% - 2.24%
1996 4 107.17 + 0.70% + 2.78%


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 Bend, Oregon Refinance, or Bend, Oregon Reverse Mortgages, you could estimate your home value.

If you knew your Bend, Oregon home was worth $90,000.00 in 1994, you could multiply by + 11.38%, add the gain and see the home should be worth $100,242.15 in 1996. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bend-OR from 1994 to 1996:
+ 3.79%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 1994 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Logan-UT-ID, and Pueblo-CO .

  1. Salt-Lake-City-UT increased + 33.67% from 1994 to the end of 1996
  2. Ogden-Clearfield-UT increased + 32.69% from 1994 to the end of 1996
  3. Provo-Orem-UT increased + 30.79% from 1994 to the end of 1996
  4. Logan-UT-ID increased + 29.11% from 1994 to the end of 1996
  5. Pueblo-CO increased + 27.92% from 1994 to the end of 1996

Zip Code in MSA: 97702 - BEND, OR

MSA Pop: 129492
Zip Pop: 28915
Avg Value: 134500
County: DESCHUTES
Elev: 3629
Region: West
Lat: 44.020651
Long: -121.295913