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.

  • Cleveland Elyria Mentor, Ohio: + 4.96%
  • State of OH: + 6.11%
  • Difference: - 18.75%

Cleveland-Elyria-Mentor-OH

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1998 2 116.5 + 0.68% + 2.73%
1998 3 117.81 + 1.12% + 4.50%
1998 4 118.95 + 0.97% + 3.87%
1999 1 120.42 + 1.24% + 4.94%
1999 2 121.05 + 0.52% + 2.09%
1999 3 121.25 + 0.17% + 0.66%
1999 4 121.45 + 0.16% + 0.66%


If you need information on Hard Money Rehab Loans in Amherst, Ohio look at Spec-Loan.com

If you were going to do a Amherst, Ohio Refinance, or Amherst, Ohio Reverse Mortgages, you could estimate your home value.

If you knew your Amherst, Ohio home was worth $97,000.00 in 1998, you could multiply by + 4.96%, add the gain and see the home should be worth $101,811.86 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cleveland-Elyria-Mentor-OH from 1998 to 1999:
+ 2.48%

Appreciation Comparisons

The worst 5 MSAs from 1998 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Scranton-Wilkes-Barre-PA, Grand-Forks-ND-MN, and Midland-TX .

  1. Honolulu-HI decreased by - 2.52% between 1998 and 1999
  2. Buffalo-Niagara-Falls-NY decreased by - 2.49% between 1998 and 1999
  3. Scranton-Wilkes-Barre-PA decreased by - 2.23% between 1998 and 1999
  4. Grand-Forks-ND-MN decreased by - 2.16% between 1998 and 1999
  5. Midland-TX decreased by - 1.40% between 1998 and 1999

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 .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. 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 .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 44001 - AMHERST, OH

MSA Pop: 2139512
Zip Pop: 20730
Avg Value: 132400
County: LORAIN
Elev: 733
Region: Midwest
Lat: 41.3693
Long: -82.2561