Real Estate Appreciation for Binghamton, New York: + 0.04%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Binghamton, New York MSA appreciated + 0.04% (+ 0.01% yearly) between 1993 and the end of 2000.
The state of NY had + 28.09% total appreciation (+ 3.51% yearly).
The state average for New York was higher than the real estate appreciation in the Binghamton, New York MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +63610.30% faster than this MSA.
Binghamton-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Binghamton, New York .
Lets look at Berkshire, New York, a city located in Binghamton, New York 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 Berkshire, New York check out Spec-Loan.com
If you were going to do a Berkshire, New York Refinance, or Berkshire, New York Reverse Mortgages, you could estimate your home value.
If you knew your Berkshire, New York home was worth $93,000.00 in 1993, you could multiply by + 0.04%, add the gain and see the home should be worth $93,041.01 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Binghamton-NY from 1993 to 2000:
+ 0.01%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Greeley-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 95.58% from 1993 to the end of 2000
- Boulder-CO increased + 94.86% from 1993 to the end of 2000
- Denver-Aurora-CO increased + 93.79% from 1993 to the end of 2000
- Fort-Collins-Loveland-CO increased + 86.16% from 1993 to the end of 2000
- Greeley-CO increased + 80.01% from 1993 to the end of 2000
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
Zip Code in MSA: 13736 - BERKSHIRE, NY
MSA Pop: 251106Zip Pop: 2342
Avg Value: 64900
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.3138
Long: -76.19064