Real Estate Appreciation for Bloomington Normal, Illinios: + 42.50%
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.
- Bloomington Normal, Illinios: + 42.50%
- State of IL: + 80.01%
- Difference: - 46.88%
Bloomington-Normal-IL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Lets look at Bloomington, Illinios, a city located in Bloomington Normal, Illinios 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 Bloomington, Illinios Refinance, or Bloomington, Illinios Reverse Mortgages, you could estimate your home value.
If you knew your Bloomington, Illinios home was worth $102,000.00 in 1996, you could multiply by + 42.50%, add the gain and see the home should be worth $145,349.76 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bloomington-Normal-IL from 1996 to 2006:
+ 3.86%
Appreciation Comparisons
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
The top 5 performing MSAs from 1996 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Napa-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +246.95% from 1996 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +224.19% from 1996 to the end of 2006
- Napa-CA increased +217.31% from 1996 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +214.94% from 1996 to the end of 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +214.79% from 1996 to the end of 2006
Zip Code in MSA: 61701 - BLOOMINGTON, IL
MSA Pop: 156879Zip Pop: 37240
Avg Value: 87400
County: MCLEAN
Elev: 829
Region: Midwest
Lat: 40.47558
Long: -89.00472