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: + 8.84%
  • State of NY: + 21.09%
  • Difference: - 58.10%

Binghamton-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2000 1 107.41 - 2.27% - 9.10%
2000 2 110.47 + 2.85% + 11.40%
2000 3 112.3 + 1.66% + 6.63%
2000 4 113.45 + 1.02% + 4.10%


Lets look at Apalachin, New York, a city located in Binghamton, New York MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

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 $98,000.00 in 1998, you could multiply by + 8.84%, add the gain and see the home should be worth $106,658.67 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1998 to 2000:
+ 2.95%

Appreciation Comparisons

The worst 5 MSAs from 1998 to 2000 were Midland-TX, Wenatchee-WA, Buffalo-Niagara-Falls-NY, Grand-Forks-ND-MN, and Coeur-d'Alene-ID .

  1. Midland-TX decreased by - 1.12% between 1998 and 2000
  2. Wenatchee-WA only increased + 0.15% between 1998 and 2000
  3. Buffalo-Niagara-Falls-NY only increased + 0.36% between 1998 and 2000
  4. Grand-Forks-ND-MN only increased + 0.83% between 1998 and 2000
  5. Coeur-d'Alene-ID only increased + 1.01% between 1998 and 2000

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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