1992 to 2005 New Orleans Metairie Kenner LA Real Estate Investment Appreciation

.home

Appreciation for MSAs:.

New Orleans Property Rehab

New Orleans is a great place for Real Estate Investors with all of the Rehab Properties available. Rehab properties present a great opportunity to buy real estate at a discount, complete some improvements and turn a nice profit. The key to successful Rehab in New Orleans is the right financing. There are a lot of Hard Money Rehab options available for New Orleans, and with the right appreciation it may even be worth holding as a long term investment. Most Hard Money Rehab lenders will allow you to finance 100% of Acquisition, Repairs, Closing Costs and sometimes interest payments. Although Hard Money Rehab Loans can be expensive they are a great way to take advantage of opportunities like the ones available in New Orleans.

Let's start by comparing New Orleans Metairie Kenner, Lousiana 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 +117.33% (+ 8.38% yearly) for the New Orleans Metairie Kenner, Lousiana MSA.

The entire state of LA had +101.68% appreciation (+ 7.26% yearly). The New Orleans Metairie Kenner, Lousiana MSA beat out the state. by + 15.39% appreciation.

New-Orleans-Metairie-Kenner-LA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation

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 Metairie, Lousiana Refinance, or Metairie, Lousiana Reverse Mortgages, you could estimate your home value.

If you knew your Metairie, Lousiana home was worth $97,000.00 in 1992, you could multiply by +117.33%, add the gain and see the home should be worth $210,811.99 in 2005. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1992 to 2005:
+ 8.38%

Appreciation Comparisons

The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .

Midland-TX lost - 26.68% from 1982 to 1995
Midland-TX lost - 24.58% from 1983 thru 1996
Odessa-TX lost - 17.25% from 1984 thru 1997
Midland-TX lost - 13.75% from 1984 thru 1997
Midland-TX lost - 6.03% from 1986 thru 1999

The top 5 performing MSAs from 1992 to 2005 were Salinas-CA, Medford-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Fort-Walton-Beach-Crestview-Destin-FL, and Phoenix-Mesa-Scottdale-AZ .

Salinas-CA increased +246.60% from 1992 to the end of 2005
Medford-OR increased +224.65% from 1992 to the end of 2005
Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +218.48% from 1992 to the end of 2005
Fort-Walton-Beach-Crestview-Destin-FL increased +202.40% from 1992 to the end of 2005
Phoenix-Mesa-Scottdale-AZ increased +200.00% from 1992 to the end of 2005

Zip Code in MSA: 70033 - METAIRIE, LA