Real Estate Appreciation for Cedar Rapids, Iowa: + 14.13%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cedar Rapids, Iowa MSA appreciated + 14.13% (+ 7.06% yearly) between 1993 and the end of 1994.
The state of IA had + 11.64% total appreciation (+ 5.82% yearly).
The Cedar Rapids, Iowa MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 21.35% faster than the state as a whole.
Cedar-Rapids-IA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 89.58 | + 2.40% | + 9.60% |
| 1993 | 3 | 90.94 | + 1.52% | + 6.07% |
| 1993 | 4 | 92.4 | + 1.61% | + 6.42% |
| 1994 | 1 | 94.45 | + 2.22% | + 8.87% |
| 1994 | 2 | 97.13 | + 2.84% | + 11.35% |
| 1994 | 3 | 98.21 | + 1.11% | + 4.45% |
| 1994 | 4 | 99.84 | + 1.66% | + 6.64% |
There are a lot of ways to use the appreciation data for Cedar Rapids, Iowa .
Lets look at Alburnett, Iowa, a city located in Cedar Rapids, Iowa MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Alburnett, Iowa check out Spec-Loan.com
If you were going to do a Alburnett, Iowa Refinance, or Alburnett, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Alburnett, Iowa home was worth $87,000.00 in 1993, you could multiply by + 14.13%, add the gain and see the home should be worth $99,292.18 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cedar-Rapids-IA from 1993 to 1994:
+ 7.06%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1994 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
- Kingston-NY decreased by - 12.24% between 1993 and 1994
- Binghamton-NY decreased by - 10.95% between 1993 and 1994
- Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994
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: 52202 - ALBURNETT, IA
MSA Pop: 242744Zip Pop: 997
Avg Value: 107200
County: LINN
Elev: 732
Region: Midwest
Lat: 42.156151
Long: -91.632861