Real Estate Appreciation for Buffalo Niagara Falls, New York: - 0.04%
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.
- Buffalo Niagara Falls, New York: - 0.04%
- State of NY: + 7.05%
- Difference: -100.53%
Buffalo-Niagara-Falls-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 104.44 | - 1.69% | - 6.78% |
| 1996 | 3 | 102.88 | - 1.49% | - 5.97% |
| 1996 | 4 | 102.87 | - 0.01% | - 0.04% |
| 1997 | 1 | 103.61 | + 0.72% | + 2.88% |
| 1997 | 2 | 102.22 | - 1.34% | - 5.37% |
| 1997 | 3 | 103.42 | + 1.17% | + 4.70% |
| 1997 | 4 | 103.92 | + 0.48% | + 1.93% |
| 1998 | 1 | 106.4 | + 2.39% | + 9.55% |
| 1998 | 2 | 105.38 | - 0.96% | - 3.83% |
| 1998 | 3 | 105.3 | - 0.08% | - 0.30% |
| 1998 | 4 | 106.2 | + 0.85% | + 3.42% |
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 $94,000.00 in 1996, you could multiply by - 0.04%, add the gain and see the home should be worth $93,964.61 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Buffalo-Niagara-Falls-NY from 1996 to 1998:
- 0.01%
Appreciation Comparisons
The worst 5 MSAs from 1996 to 1998 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and El-Paso-TX .
- Honolulu-HI decreased by - 11.67% between 1996 and 1998
- Buffalo-Niagara-Falls-NY decreased by - 0.04% between 1996 and 1998
- Albany-Schenectady-Troy-NY only increased + 0.13% between 1996 and 1998
- Utica-Rome-NY only increased + 0.29% between 1996 and 1998
- El-Paso-TX only increased + 0.32% between 1996 and 1998
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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: 14001 - AKRON, NY
MSA Pop: 1159443Zip Pop: 9289
Avg Value: 93900
County: ERIE
Elev: 583
Region: Northeast
Lat: 43.019552
Long: -78.510341