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 Chattanooga, Tennessee, Georgia MSA appreciated + 34.86% (+ 5.81% yearly) for the period between 2001 and the end of 2006.

The state had + 30.97% total appreciation (+ 5.16% yearly). The Chattanooga, Tennessee, Georgia MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Chattanooga-TN-GA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation


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 Chattanooga-TN-GA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Tennessee, you can do some research at Spec-Loan.com.

If you were going to do a La Fayette, Tennessee Refinance, or La Fayette, Tennessee Reverse Mortgages, you could estimate your home value.

If you knew your La Fayette, Tennessee home was worth $107,000.00 in 2001, you could multiply by + 34.86%, add the gain and see the home should be worth $144,296.82 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chattanooga-TN-GA from 2001 to 2006:
+ 5.81%

Appreciation Comparisons

For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Merced-CA increased +172.57% from 2000 thru 2005
  2. Modesto-CA increased +166.23% from 2000 thru 2005
  3. Worcester-MA increased +164.50% from 1982 thru 1987
  4. Yuba-City-CA increased +164.17% from 2000 thru 2005
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981

Zip Code in MSA: 30728 - LA FAYETTE, GA

MSA Pop: 485927
Zip Pop: 17279
Avg Value: 66500
County: WALKER
Elev: 823
Region: South
Lat: 34.710187
Long: -85.286264