Real Estate Appreciation for Bowling Green, Kentucky: + 3.43%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bowling Green, Kentucky MSA appreciated + 3.43% (+ 1.71% yearly) for the period between 1999 and the end of 2000.
The state had + 7.33% total appreciation (+ 3.67% yearly).
The state average for Kentucky was higher than the real estate appreciation in the Bowling Green, Kentucky MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +114.02% faster than this MSA.
Bowling-Green-KY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $99,000.00 in 1999, you could multiply by + 3.43%, add the gain and see the home should be worth $102,391.35 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bowling-Green-KY from 1999 to 2000:
+ 1.71%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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