Real Estate Appreciation for Davenport Moline Rock Island, Iowa, Illinios: + 6.69%
Appreciation for MSAs:.
Let's start by comparing Davenport Moline Rock Island, Iowa, Illinios to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 6.69% (+ 3.34% yearly) for the Davenport Moline Rock Island, Iowa, Illinios MSA.
The entire state of IA had + 7.16% appreciation (+ 3.58% 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 by + 7.14%.
Davenport-Moline-Rock-Island-IA-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 141.37 | + 0.24% | + 0.96% |
| 2002 | 3 | 143.44 | + 1.46% | + 5.86% |
| 2002 | 4 | 144.85 | + 0.98% | + 3.93% |
| 2003 | 1 | 145.33 | + 0.33% | + 1.33% |
| 2003 | 2 | 146.89 | + 1.07% | + 4.29% |
| 2003 | 3 | 148.49 | + 1.09% | + 4.36% |
| 2003 | 4 | 150.46 | + 1.33% | + 5.31% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bettendorf, Iowa click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Davenport Moline Rock Island, Iowa, Illinios.
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 $105,000.00 in 2002, you could multiply by + 6.69%, add the gain and see the home should be worth $112,020.85 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Davenport-Moline-Rock-Island-IA-IL from 2002 to 2003:
+ 3.34%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
- Lafayette-IN only increased + 2.02% between 2002 and 2003
- Fayetteville-NC only increased + 2.05% between 2002 and 2003
- Logan-UT-ID only increased + 2.05% between 2002 and 2003
- Provo-Orem-UT only increased + 2.06% between 2002 and 2003
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: 52722 - BETTENDORF, IA
MSA Pop: 374973Zip Pop: 33695
Avg Value: 117500
County: SCOTT
Elev: 559
Region: Midwest
Lat: 41.56722
Long: -90.462