1997 to 2000 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.

Before we disect the appreciation within the MSA for this period, lets consider how New Orleans Metairie Kenner, Lousiana did compared to the state as a whole.

The New Orleans Metairie Kenner, Lousiana MSA property value change was + 17.72% (+ 4.43% yearly).

All of the property in LA averaged + 16.66% change in value (+ 4.17% yearly).

New-Orleans-Metairie-Kenner-LA

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
1997	2	112.93	+ 0.71%	+ 2.85%
1997	3	114.96	+ 1.80%	+ 7.19%
1997	4	116.9	+ 1.69%	+ 6.75%
1998	1	118.44	+ 1.32%	+ 5.27%
1998	2	119.27	+ 0.70%	+ 2.80%
1998	3	121.58	+ 1.94%	+ 7.75%
1998	4	122.72	+ 0.94%	+ 3.75%
1999	1	124.05	+ 1.08%	+ 4.34%
1999	2	125.14	+ 0.88%	+ 3.51%
1999	3	125.75	+ 0.49%	+ 1.95%
1999	4	126.14	+ 0.31%	+ 1.24%
2000	1	128.44	+ 1.82%	+ 7.29%
2000	2	128.97	+ 0.41%	+ 1.65%
2000	3	130.73	+ 1.36%	+ 5.46%
2000	4	132	+ 0.97%	+ 3.89%

There are a lot of ways to use the appreciation data for New Orleans Metairie Kenner, Lousiana .

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

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Metairie, 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 $97,000.00 in 1997, you could multiply by + 17.72%, add the gain and see the home should be worth $114,188.89 in 2000. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1997 to 2000:
+ 4.43%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .

Honolulu-HI decreased by - 1.70% between 1997 and 2000
Williamsport-PA only increased + 2.60% between 1997 and 2000
Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
Midland-TX only increased + 3.25% between 1997 and 2000

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

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

Lafayette-LA lost - 34.71% from 1985 to 1988
Grand-Junction-CO lost - 34.70% from 1982 thru 1985
Lafayette-LA lost - 34.44% from 1984 thru 1987
Casper-WY lost - 34.10% from 1983 thru 1986
Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 70003 - METAIRIE, LA