Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 27.24%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Phoenix Mesa Scottdale, Arizona MSA appreciated + 27.24% (+ 5.45% yearly) between 1993 and the end of 1997.
The state of AZ had + 26.03% total appreciation (+ 5.21% yearly).
The Phoenix Mesa Scottdale, Arizona MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 4.61% faster than the state as a whole.
Phoenix-Mesa-Scottdale-AZ
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Phoenix Mesa Scottdale, Arizona .
Lets look at Apache Junction, Arizona, a city located in Phoenix Mesa Scottdale, Arizona 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 Apache Junction, Arizona check out Spec-Loan.com
If you were going to do a Apache Junction, Arizona Refinance, or Apache Junction, Arizona Reverse Mortgages, you could estimate your home value.
If you knew your Apache Junction, Arizona home was worth $90,000.00 in 1993, you could multiply by + 27.24%, add the gain and see the home should be worth $114,511.52 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1993 to 1997:
+ 5.45%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 85218 - APACHE JUNCTION, AZ
MSA Pop: 3593408Zip Pop: 0
Avg Value: 0
County: PINAL
Elev: 1490
Region: West
Lat: 33.39926
Long: -111.36425