Real Estate Appreciation for Bend, Oregon: + 17.62%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bend, Oregon MSA appreciated + 17.62% (+ 8.81% yearly) between 2003 and the end of 2004.
The state of OR had + 17.19% total appreciation (+ 8.59% yearly).
The Bend, Oregon MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 2.53% faster than the state as a whole.
Bend-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 162.69 | + 1.06% | + 4.25% |
| 2003 | 3 | 165.59 | + 1.78% | + 7.13% |
| 2003 | 4 | 170.32 | + 2.86% | + 11.43% |
| 2004 | 1 | 171.36 | + 0.61% | + 2.44% |
| 2004 | 2 | 177.78 | + 3.75% | + 14.99% |
| 2004 | 3 | 184.22 | + 3.62% | + 14.49% |
| 2004 | 4 | 189.35 | + 2.78% | + 11.14% |
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 Bend-OR here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Oregon, you can do some research at 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 $107,000.00 in 2003, you could multiply by + 17.62%, add the gain and see the home should be worth $125,856.94 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bend-OR from 2003 to 2004:
+ 8.81%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 97701 - BEND, OR
MSA Pop: 129492Zip Pop: 44572
Avg Value: 155900
County: DESCHUTES
Elev: 3629
Region: West
Lat: 44.098237
Long: -121.290497