Real Estate Appreciation for Bowling Green, Kentucky: + 26.74%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bowling Green, Kentucky MSA appreciated + 26.74% (+ 8.91% yearly) between 1993 and the end of 1995.
The state of KY had + 15.36% total appreciation (+ 5.12% yearly).
The Bowling Green, Kentucky MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 74.12% faster than the state as a whole.
Bowling-Green-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 84.62 | + 2.05% | + 8.20% |
| 1993 | 3 | 85.28 | + 0.78% | + 3.12% |
| 1993 | 4 | 87.6 | + 2.72% | + 10.88% |
| 1994 | 1 | 89.62 | + 2.31% | + 9.22% |
| 1994 | 2 | 93.25 | + 4.05% | + 16.20% |
| 1994 | 3 | 93.63 | + 0.41% | + 1.63% |
| 1994 | 4 | 94.8 | + 1.25% | + 5.00% |
| 1995 | 1 | 100 | + 5.49% | + 21.94% |
| 1995 | 2 | 100.34 | + 0.34% | + 1.36% |
| 1995 | 3 | 101.86 | + 1.51% | + 6.06% |
| 1995 | 4 | 105.09 | + 3.17% | + 12.68% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bowling-Green-KY here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Kentucky, you can do some research at Spec-Loan.com.
If you were going to do a Bowling Green, Kentucky Refinance, or Bowling Green, Kentucky Reverse Mortgages, you could estimate your home value.
If you knew your Bowling Green, Kentucky home was worth $88,000.00 in 1993, you could multiply by + 26.74%, add the gain and see the home should be worth $111,528.22 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 1993 to 1995:
+ 8.91%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 1995 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.41% between 1993 and 1995
- Binghamton-NY decreased by - 10.14% between 1993 and 1995
- Kingston-NY decreased by - 9.24% between 1993 and 1995
- Utica-Rome-NY decreased by - 9.14% between 1993 and 1995
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 7.65% between 1993 and 1995
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 42101 - BOWLING GREEN, KY
MSA Pop: 107647Zip Pop: 49351
Avg Value: 76000
County: WARREN
Elev: 529
Region: South
Lat: 37.01624
Long: -86.461229