Real Estate Appreciation for Bowling Green, Kentucky: + 6.71%
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.
- Bowling Green, Kentucky: + 6.71%
- State of KY: + 12.37%
- Difference: - 45.74%
Bowling-Green-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 112.73 | + 0.62% | + 2.46% |
| 1998 | 3 | 113.49 | + 0.67% | + 2.70% |
| 1998 | 4 | 114.68 | + 1.05% | + 4.19% |
| 1999 | 1 | 115.6 | + 0.80% | + 3.21% |
| 1999 | 2 | 115.8 | + 0.17% | + 0.69% |
| 1999 | 3 | 115.71 | - 0.08% | - 0.31% |
| 1999 | 4 | 116.53 | + 0.71% | + 2.83% |
| 2000 | 1 | 117 | + 0.40% | + 1.61% |
| 2000 | 2 | 118.33 | + 1.14% | + 4.55% |
| 2000 | 3 | 117.71 | - 0.52% | - 2.10% |
| 2000 | 4 | 119.56 | + 1.57% | + 6.29% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $98,000.00 in 1998, you could multiply by + 6.71%, add the gain and see the home should be worth $104,577.65 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 1998 to 2000:
+ 2.24%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- 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