Real Estate Appreciation for Corvallis, Oregon: + 6.43%
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.
- Corvallis, Oregon: + 6.43%
- State of OR: + 11.08%
- Difference: - 41.99%
Corvallis-OR
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 106.83 | - 0.34% | - 1.34% |
| 1996 | 3 | 109.07 | + 2.10% | + 8.39% |
| 1996 | 4 | 110.92 | + 1.70% | + 6.78% |
| 1997 | 1 | 110.7 | - 0.20% | - 0.79% |
| 1997 | 2 | 111 | + 0.27% | + 1.08% |
| 1997 | 3 | 114.35 | + 3.02% | + 12.07% |
| 1997 | 4 | 114.08 | - 0.24% | - 0.94% |
There are a lot of ways to use the appreciation data for Corvallis, Oregon .
Lets look at Alsea, Oregon, a city located in Corvallis, Oregon 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 Alsea, Oregon check out Spec-Loan.com
If you were going to do a Alsea, Oregon Refinance, or Alsea, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Alsea, Oregon home was worth $93,000.00 in 1996, you could multiply by + 6.43%, add the gain and see the home should be worth $98,977.89 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corvallis-OR from 1996 to 1997:
+ 3.21%
Appreciation Comparisons
The worst 5 MSAs from 1996 to 1997 were Honolulu-HI, Utica-Rome-NY, Lewiston-Auburn-ME, Madera-CA, and Johnstown-PA .
- Honolulu-HI decreased by - 11.37% between 1996 and 1997
- Utica-Rome-NY decreased by - 5.89% between 1996 and 1997
- Lewiston-Auburn-ME decreased by - 2.85% between 1996 and 1997
- Madera-CA decreased by - 2.52% between 1996 and 1997
- Johnstown-PA decreased by - 2.31% between 1996 and 1997
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: 97324 - ALSEA, OR
MSA Pop: 79335Zip Pop: 1153
Avg Value: 141200
County: BENTON
Elev: 225
Region: West
Lat: 44.366112
Long: -123.614024