1993 to 2001 New Orleans Metairie Kenner LA Real Estate Investment Appreciation

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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.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The New Orleans Metairie Kenner, Lousiana MSA appreciated + 56.00% (+ 6.22% yearly) between 1993 and the end of 2001.

The state of LA had + 51.68% total appreciation (+ 5.74% yearly). The New Orleans Metairie Kenner, Lousiana MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 8.37% faster than the state as a whole.

New-Orleans-Metairie-Kenner-LA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation

If you need information on Hard Money Rehab Loans in Metairie, Lousiana look at Spec-Loan.com

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 $94,000.00 in 1993, you could multiply by + 56.00%, add the gain and see the home should be worth $146,639.58 in 2001. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1993 to 2001:
+ 6.22%

Appreciation Comparisons

The worst 5 MSAs from 1993 to 2001 were Honolulu-HI, Binghamton-NY, Glens-Falls-NY, Utica-Rome-NY, and Albany-Schenectady-Troy-NY .

Honolulu-HI decreased by - 5.78% between 1993 and 2001
Binghamton-NY only increased + 5.82% between 1993 and 2001
Glens-Falls-NY only increased + 6.79% between 1993 and 2001
Utica-Rome-NY only increased + 7.04% between 1993 and 2001
Albany-Schenectady-Troy-NY only increased + 7.30% between 1993 and 2001

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

Salinas-CA increased +251.65% from 1997 thru 2005
Salinas-CA increased +229.40% from 1998 thru 2006
Springfield-MA increased +229.07% from 1981 thru 1989
Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

Midland-TX lost - 34.76% from 1982 to 1990
Midland-TX lost - 32.77% from 1983 thru 1991
Lafayette-LA lost - 26.59% from 1982 thru 1990
Casper-WY lost - 26.42% from 1983 thru 1991
Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 70010 - METAIRIE, LA