Real Estate Appreciation for Fort Wayne, Indiana: + 10.67%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Fort Wayne, Indiana MSA appreciation it was + 10.67% (+ 2.67% yearly) from 2000 to 2003.
During the same time period, IN had + 14.15% (+ 3.54% yearly).
From 2000 to 2003, Indiana outperformed the individual Fort Wayne, Indiana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Fort-Wayne-IN
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 118.93 | + 0.33% | + 1.32% |
| 2000 | 3 | 120.07 | + 0.96% | + 3.83% |
| 2000 | 4 | 121.06 | + 0.82% | + 3.30% |
| 2001 | 1 | 124.3 | + 2.68% | + 10.71% |
| 2001 | 2 | 124.61 | + 0.25% | + 1.00% |
| 2001 | 3 | 125.22 | + 0.49% | + 1.96% |
| 2001 | 4 | 126.74 | + 1.21% | + 4.86% |
| 2002 | 1 | 127.94 | + 0.95% | + 3.79% |
| 2002 | 2 | 127.94 | + 0.00% | + 0.00% |
| 2002 | 3 | 129.08 | + 0.89% | + 3.56% |
| 2002 | 4 | 129.58 | + 0.39% | + 1.55% |
| 2003 | 1 | 130.29 | + 0.55% | + 2.19% |
| 2003 | 2 | 131.05 | + 0.58% | + 2.33% |
| 2003 | 3 | 131.39 | + 0.26% | + 1.04% |
| 2003 | 4 | 131.19 | - 0.15% | - 0.61% |
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 Bluffton, Indiana Refinance, or Bluffton, Indiana Reverse Mortgages, you could estimate your home value.
If you knew your Bluffton, Indiana home was worth $103,000.00 in 2000, you could multiply by + 10.67%, add the gain and see the home should be worth $113,991.65 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Fort-Wayne-IN from 2000 to 2003:
+ 2.67%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 46714 - BLUFFTON, IN
MSA Pop: 399716Zip Pop: 14310
Avg Value: 83700
County: WELLS
Elev: 829
Region: Midwest
Lat: 40.71876
Long: -85.19484