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 Corvallis, Oregon MSA appreciated + 2.04% (+ 1.02% yearly) for the period between 1999 and the end of 2000.

The state had + 5.17% total appreciation (+ 2.58% yearly). The state average for Oregon was higher than the real estate appreciation in the Corvallis, Oregon MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +153.66% faster than this MSA.

Corvallis-OR

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 116.53 + 1.47% + 5.89%
1999 3 117.78 + 1.07% + 4.29%
1999 4 115.64 - 1.82% - 7.27%
2000 1 116.36 + 0.62% + 2.49%
2000 2 116.08 - 0.24% - 0.96%
2000 3 115.82 - 0.22% - 0.90%
2000 4 117.18 + 1.17% + 4.70%


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 $99,000.00 in 1999, you could multiply by + 2.04%, add the gain and see the home should be worth $101,017.24 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Corvallis-OR from 1999 to 2000:
+ 1.02%

Appreciation Comparisons

The worst 5 MSAs from 1999 to 2000 were Midland-TX, Coeur-d'Alene-ID, Wenatchee-WA, Lewiston-ID-WA, and Lawton-OK .

  1. Midland-TX decreased by - 2.50% between 1999 and 2000
  2. Coeur-d'Alene-ID decreased by - 2.19% between 1999 and 2000
  3. Wenatchee-WA decreased by - 1.05% between 1999 and 2000
  4. Lewiston-ID-WA decreased by - 0.85% between 1999 and 2000
  5. Lawton-OK decreased by - 0.79% between 1999 and 2000

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: 97324 - ALSEA, OR

MSA Pop: 79335
Zip Pop: 1153
Avg Value: 141200
County: BENTON
Elev: 225
Region: West
Lat: 44.366112
Long: -123.614024