Real Estate Appreciation for Davenport Moline Rock Island, Iowa, Illinios: + 9.93%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Davenport Moline Rock Island, Iowa, Illinios MSA appreciated + 9.93% (+ 4.96% yearly) between 1993 and the end of 1994.
The state of IA had + 11.64% total appreciation (+ 5.82% yearly).
The state average for Iowa was higher than the real estate appreciation in the Davenport Moline Rock Island, Iowa, Illinios MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 17.31% faster than this MSA.
Davenport-Moline-Rock-Island-IA-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 90.94 | + 1.30% | + 5.21% |
| 1993 | 3 | 93.29 | + 2.58% | + 10.34% |
| 1993 | 4 | 93.95 | + 0.71% | + 2.83% |
| 1994 | 1 | 94.84 | + 0.95% | + 3.79% |
| 1994 | 2 | 97.2 | + 2.49% | + 9.95% |
| 1994 | 3 | 99.6 | + 2.47% | + 9.88% |
| 1994 | 4 | 98.68 | - 0.92% | - 3.69% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Bettendorf, Iowa Refinance, or Bettendorf, Iowa Reverse Mortgages, you could estimate your home value.
If you knew your Bettendorf, Iowa home was worth $87,000.00 in 1993, you could multiply by + 9.93%, add the gain and see the home should be worth $95,635.07 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Davenport-Moline-Rock-Island-IA-IL from 1993 to 1994:
+ 4.96%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 52722 - BETTENDORF, IA
MSA Pop: 374973Zip Pop: 33695
Avg Value: 117500
County: SCOTT
Elev: 559
Region: Midwest
Lat: 41.56722
Long: -90.462