1993 to 2002 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 + 64.08% (+ 6.41% yearly) between 1993 and the end of 2002.

The state of LA had + 58.76% total appreciation (+ 5.88% 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 + 9.05% 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
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation

If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans check out 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 $95,000.00 in 1993, you could multiply by + 64.08%, add the gain and see the home should be worth $155,876.35 in 2002. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1993 to 2002:
+ 6.41%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2002 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and San-Jose-Sunnyvale-Santa-Clara-CA .

Boulder-CO increased +120.35% from 1993 to the end of 2002
Barnstable-Town-MA increased +118.49% from 1993 to the end of 2002
Denver-Aurora-CO increased +117.89% from 1993 to the end of 2002
Fort-Collins-Loveland-CO increased +112.44% from 1993 to the end of 2002
San-Jose-Sunnyvale-Santa-Clara-CA increased +107.94% from 1993 to the end of 2002

For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .

Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
Salinas-CA increased +251.06% from 1996 thru 2005
Salinas-CA increased +247.53% from 1997 thru 2006
Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006

Zip Code in MSA: 70011 - METAIRIE, LA