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 + 12.86% (+ 6.43% yearly) for the period between 2001 and the end of 2002.

The state had + 7.37% total appreciation (+ 3.68% 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
2001 2 142.34 + 1.60% + 6.40%
2001 3 145.16 + 1.98% + 7.92%
2001 4 146.53 + 0.94% + 3.78%
2002 1 149.68 + 2.15% + 8.60%
2002 2 153.17 + 2.33% + 9.33%
2002 3 155.29 + 1.38% + 5.54%
2002 4 158.12 + 1.82% + 7.29%


Some of the ways peope use our appreciation data for Bend, Oregon include real estate investment .

Lets look at Bend, Oregon, a city located in Bend, Oregon MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $103,000.00 in 2001, you could multiply by + 12.86%, add the gain and see the home should be worth $116,248.11 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bend-OR from 2001 to 2002:
+ 6.43%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Yuba-City-CA, Providence-New-Bedford-Fall-River-RI-MA, and Chico-CA .

  1. Barnstable-Town-MA increased + 29.22% from 2001 to the end of 2002
  2. San-Luis-Obispo-Paso-Robles-CA increased + 27.71% from 2001 to the end of 2002
  3. Yuba-City-CA increased + 27.51% from 2001 to the end of 2002
  4. Providence-New-Bedford-Fall-River-RI-MA increased + 27.39% from 2001 to the end of 2002
  5. Chico-CA increased + 27.31% from 2001 to the end of 2002

In contrast, the worst 5 MSAs from 2001 to 2002 were Jacksonville-NC, Provo-Orem-UT, Ogden-Clearfield-UT, Lewiston-ID-WA, and Columbus-IN .

  1. Jacksonville-NC only increased + 1.98% between 2001 and 2002
  2. Provo-Orem-UT only increased + 2.30% between 2001 and 2002
  3. Ogden-Clearfield-UT only increased + 2.59% between 2001 and 2002
  4. Lewiston-ID-WA only increased + 2.59% between 2001 and 2002
  5. Columbus-IN only increased + 2.60% between 2001 and 2002

Zip Code in MSA: 97701 - BEND, OR

MSA Pop: 129492
Zip Pop: 44572
Avg Value: 155900
County: DESCHUTES
Elev: 3629
Region: West
Lat: 44.098237
Long: -121.290497