1998 to 2004 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.

Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.

New Orleans Metairie Kenner, Lousiana: + 43.71%
State of LA: + 36.09%
Difference: + 21.11%

New-Orleans-Metairie-Kenner-LA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation

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

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate 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 $102,000.00 in 1998, you could multiply by + 43.71%, add the gain and see the home should be worth $146,584.09 in 2004. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for New-Orleans-Metairie-Kenner-LA from 1998 to 2004:
+ 6.24%

Appreciation Comparisons

The worst 5 MSAs from 1998 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Columbus-IN, Provo-Orem-UT, and Lafayette-IN .

Ogden-Clearfield-UT only increased + 12.00% between 1998 and 2004
Jackson-TN only increased + 14.01% between 1998 and 2004
Columbus-IN only increased + 14.05% between 1998 and 2004
Provo-Orem-UT only increased + 15.85% between 1998 and 2004
Lafayette-IN only increased + 16.85% between 1998 and 2004

For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .

Salinas-CA increased +208.13% from 1999 thru 2005
Springfield-MA increased +199.02% from 1981 thru 1987
Merced-CA increased +193.70% from 1999 thru 2005
Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

Lafayette-LA lost - 40.40% from 1982 to 1988
Casper-WY lost - 35.78% from 1983 thru 1989
Midland-TX lost - 32.81% from 1983 thru 1989
Lafayette-LA lost - 32.70% from 1983 thru 1989
Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 70006 - METAIRIE, LA