1994 to 1999 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.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze New Orleans Metairie Kenner, Lousiana MSA appreciation it was + 30.14% (+ 5.02% yearly) from 1994 to 1999.

During the same time period, LA had + 29.51% (+ 4.92% yearly). You can see that the New Orleans Metairie Kenner, Lousiana MSA experienced higher appreciation in this case.

New-Orleans-Metairie-Kenner-LA

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

Some of the ways peope use our appreciation data for New Orleans Metairie Kenner, Lousiana include real estate investment .

Lets look at Metairie, Lousiana, a city located in New Orleans Metairie Kenner, Lousiana MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Lousiana 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 $93,000.00 in 1994, you could multiply by + 30.14%, add the gain and see the home should be worth $121,025.69 in 1999. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1994 to 1999:
+ 5.02%

Appreciation Comparisons

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

Lafayette-LA lost - 42.13% from 1983 to 1988
Lafayette-LA lost - 37.78% from 1982 thru 1987
Casper-WY lost - 37.50% from 1983 thru 1988
Anchorage-AK lost - 33.17% from 1984 thru 1989
Midland-TX lost - 31.15% from 1982 thru 1987

The top 5 performing MSAs from 1994 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Denver-Aurora-CO, Monroe-MI, Battle-Creek-MI, and Jackson-MI .

San-Jose-Sunnyvale-Santa-Clara-CA increased + 55.06% from 1994 to the end of 1999
Denver-Aurora-CO increased + 54.88% from 1994 to the end of 1999
Monroe-MI increased + 50.44% from 1994 to the end of 1999
Battle-Creek-MI increased + 49.19% from 1994 to the end of 1999
Jackson-MI increased + 48.18% from 1994 to the end of 1999

Zip Code in MSA: 70005 - METAIRIE, LA