Real Estate Appreciation for Buffalo Niagara Falls, New York: + 2.28%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Buffalo Niagara Falls, New York MSA appreciated + 2.28% (+ 0.76% yearly) between 1993 and the end of 1995.
The state of NY had - 0.01% total appreciation (- 0.00% yearly).
The Buffalo Niagara Falls, New York MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated -21607.60% faster than the state as a whole.
Buffalo-Niagara-Falls-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 102.96 | + 1.27% | + 5.08% |
| 1993 | 3 | 103.56 | + 0.58% | + 2.33% |
| 1993 | 4 | 104.36 | + 0.77% | + 3.09% |
| 1994 | 1 | 104.18 | - 0.17% | - 0.69% |
| 1994 | 2 | 103.18 | - 0.96% | - 3.84% |
| 1994 | 3 | 101.77 | - 1.37% | - 5.47% |
| 1994 | 4 | 101.29 | - 0.47% | - 1.89% |
| 1995 | 1 | 100 | - 1.27% | - 5.09% |
| 1995 | 2 | 101.64 | + 1.64% | + 6.56% |
| 1995 | 3 | 103.35 | + 1.68% | + 6.73% |
| 1995 | 4 | 103.99 | + 0.62% | + 2.48% |
If you need information on Hard Money Rehab Loans in Akron, New York look at Spec-Loan.com
If you were going to do a Akron, New York Refinance, or Akron, New York Reverse Mortgages, you could estimate your home value.
If you knew your Akron, New York home was worth $88,000.00 in 1993, you could multiply by + 2.28%, add the gain and see the home should be worth $90,008.07 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1993 to 1995:
+ 0.76%
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 .
- 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
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
Zip Code in MSA: 14001 - AKRON, NY
MSA Pop: 1159443Zip Pop: 9289
Avg Value: 93900
County: ERIE
Elev: 583
Region: Northeast
Lat: 43.019552
Long: -78.510341