Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Binghamton, New York MSA appreciation it was + 30.29% (+ 10.10% yearly) from 2004 to 2006.

During the same time period, NY had + 29.84% (+ 9.95% yearly). You can see that the Binghamton, New York MSA experienced higher appreciation in this case.

Binghamton-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 130.72 - 0.30% - 1.19%
2004 3 136.65 + 4.54% + 18.15%
2004 4 131.55 - 3.73% - 14.93%
2005 1 139.22 + 5.83% + 23.32%
2005 2 146.24 + 5.04% + 20.17%
2005 3 152.68 + 4.40% + 17.61%
2005 4 152.64 - 0.03% - 0.10%
2006 1 158.46 + 3.81% + 15.25%
2006 2 159.92 + 0.92% + 3.69%
2006 3 165.74 + 3.64% + 14.56%
2006 4 170.82 + 3.07% + 12.26%


If you need information on Hard Money Rehab Loans in Apalachin, New York look at 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 $110,000.00 in 2004, you could multiply by + 30.29%, add the gain and see the home should be worth $143,316.30 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 2004 to 2006:
+ 10.10%

Appreciation Comparisons

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

The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .

  1. Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
  2. Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
  3. Bend-OR increased + 75.09% from 2004 to the end of 2006
  4. Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
  5. Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006

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