Real Estate Appreciation for Davenport Moline Rock Island, Iowa, Illinios: + 14.53%
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 + 14.53% (+ 4.84% yearly) between 2003 and the end of 2005.
The state of IA had + 15.15% total appreciation (+ 5.05% 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 + 4.24% faster than this MSA.
Davenport-Moline-Rock-Island-IA-IL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 146.89 | + 1.07% | + 4.29% |
| 2003 | 3 | 148.49 | + 1.09% | + 4.36% |
| 2003 | 4 | 150.46 | + 1.33% | + 5.31% |
| 2004 | 1 | 151.03 | + 0.38% | + 1.52% |
| 2004 | 2 | 153.49 | + 1.63% | + 6.52% |
| 2004 | 3 | 156.41 | + 1.90% | + 7.61% |
| 2004 | 4 | 158.11 | + 1.09% | + 4.35% |
| 2005 | 1 | 159.81 | + 1.08% | + 4.30% |
| 2005 | 2 | 161.44 | + 1.02% | + 4.08% |
| 2005 | 3 | 164.47 | + 1.88% | + 7.51% |
| 2005 | 4 | 166.45 | + 1.20% | + 4.82% |
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 $108,000.00 in 2003, you could multiply by + 14.53%, add the gain and see the home should be worth $123,695.04 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Davenport-Moline-Rock-Island-IA-IL from 2003 to 2005:
+ 4.84%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 2003 to 2005 were Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 to the end of 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 to the end of 2005
- Madera-CA increased + 85.39% from 2003 to the end of 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 to the end of 2005
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