Real Estate Appreciation for Corvallis, Oregon: + 6.55%

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 + 6.55% (+ 2.18% yearly) for the period between 1999 and the end of 2001.

The state had + 10.93% total appreciation (+ 3.64% 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 + 66.89% faster than this MSA.

Corvallis-OR

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
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%
2001	1	120.14	+ 2.53%	+ 10.10%
2001	2	122.56	+ 2.01%	+ 8.06%
2001	3	121.65	- 0.74%	- 2.97%
2001	4	122.36	+ 0.58%	+ 2.33%

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

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

If you knew your Blodgett, Oregon home was worth $100,000.00 in 1999, you could multiply by + 6.55%, add the gain and see the home should be worth $106,548.24 in 2001. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Corvallis-OR from 1999 to 2001:
+ 2.18%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

1. Fairbanks-AK lost - 29.16% from 1987 thru 1989
2. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 97326 - BLODGETT, OR

MSA Pop: 79335
Zip Pop: 781
Avg Value: 163300
County: BENTON
Elev: 225
Region: West
Lat: 44.638815
Long: -123.554098