Real Estate Appreciation for Binghamton, New York: + 5.44%
Appreciation for MSAs:.
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: + 5.44%
- State of NY: + 10.70%
- Difference: - 49.17%
Binghamton-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 105.94 | + 1.63% | + 6.52% |
| 1998 | 3 | 107.2 | + 1.19% | + 4.76% |
| 1998 | 4 | 107.58 | + 0.35% | + 1.42% |
| 1999 | 1 | 109.09 | + 1.40% | + 5.61% |
| 1999 | 2 | 111.52 | + 2.23% | + 8.91% |
| 1999 | 3 | 108.17 | - 3.00% | - 12.02% |
| 1999 | 4 | 109.91 | + 1.61% | + 6.43% |
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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 $97,000.00 in 1998, you could multiply by + 5.44%, add the gain and see the home should be worth $102,276.19 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Binghamton-NY from 1998 to 1999:
+ 2.72%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 13732 - APALACHIN, NY
MSA Pop: 251106Zip Pop: 8380
Avg Value: 88000
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.056725
Long: -76.137123