Real Estate Appreciation for Binghamton, New York: - 0.06%

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

• Binghamton, New York: - 0.06%
• State of NY: + 1.78%
• Difference: -103.36%

Binghamton-NY

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
1996	2	99.45	- 1.12%	- 4.49%
1996	3	96.86	- 2.60%	- 10.42%
1996	4	96.54	- 0.33%	- 1.32%
1997	1	97.61	+ 1.11%	+ 4.43%
1997	2	99.27	+ 1.70%	+ 6.80%
1997	3	99.87	+ 0.60%	+ 2.42%
1997	4	100.52	+ 0.65%	+ 2.60%

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If you were going to do a Apalachin, New York Refinance, or Apalachin, New York Reverse Mortgages, you could estimate your home value.

If you knew your Apalachin, New York home was worth $93,000.00 in 1996, you could multiply by - 0.06%, add the gain and see the home should be worth $92,944.52 in 1997. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Binghamton-NY from 1996 to 1997:
- 0.03%

Appreciation Comparisons

The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .

1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
2. Bay-City-MI increased + 14.57% from 1996 to the end of 1997
3. Jackson-MI increased + 14.25% from 1996 to the end of 1997
4. Monroe-MI increased + 14.01% from 1996 to the end of 1997
5. Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997

Zip Code in MSA: 13732 - APALACHIN, NY

MSA Pop: 251106
Zip Pop: 8380
Avg Value: 88000
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.056725
Long: -76.137123