Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 19.52%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Providence New Bedford Fall River, Rhode Island, Massachusettes did compared to the state as a whole.
The Providence New Bedford Fall River, Rhode Island, Massachusettes MSA property value change was + 19.52% (+ 4.88% yearly).
All of the property in RI averaged + 25.03% change in value (+ 6.26% yearly).
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1987 | 2 | 94.86 | + 4.90% | + 19.60% |
| 1987 | 3 | 100.72 | + 6.18% | + 24.71% |
| 1987 | 4 | 103.51 | + 2.77% | + 11.08% |
| 1988 | 1 | 106.5 | + 2.89% | + 11.55% |
| 1988 | 2 | 108.99 | + 2.34% | + 9.35% |
| 1988 | 3 | 109.45 | + 0.42% | + 1.69% |
| 1988 | 4 | 110.49 | + 0.95% | + 3.80% |
| 1989 | 1 | 110.7 | + 0.19% | + 0.76% |
| 1989 | 2 | 111.15 | + 0.41% | + 1.63% |
| 1989 | 3 | 114.14 | + 2.69% | + 10.76% |
| 1989 | 4 | 114.21 | + 0.06% | + 0.25% |
| 1990 | 1 | 113.11 | - 0.96% | - 3.85% |
| 1990 | 2 | 110.78 | - 2.06% | - 8.24% |
| 1990 | 3 | 110.17 | - 0.55% | - 2.20% |
| 1990 | 4 | 108.08 | - 1.90% | - 7.59% |
There are a lot of ways to use the appreciation data for Providence New Bedford Fall River, Rhode Island, Massachusettes .
Lets look at East Mansfield, Rhode Island, a city located in Providence New Bedford Fall River, Rhode Island, Massachusettes 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 East Mansfield, Rhode Island check out Spec-Loan.com
If you were going to do a East Mansfield, Rhode Island Refinance, or East Mansfield, Rhode Island Reverse Mortgages, you could estimate your home value.
If you knew your East Mansfield, Rhode Island home was worth $77,000.00 in 1987, you could multiply by + 19.52%, add the gain and see the home should be worth $92,028.75 in 1990. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 1987 to 1990:
+ 4.88%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1987 to 1990 were Austin-Round-Rock-TX, Abilene-TX, San-Antonio-TX, Killeen-Temple-Fort-Hood-TX, and Amarillo-TX .
- Austin-Round-Rock-TX decreased by - 22.17% between 1987 and 1990
- Abilene-TX decreased by - 19.24% between 1987 and 1990
- San-Antonio-TX decreased by - 17.03% between 1987 and 1990
- Killeen-Temple-Fort-Hood-TX decreased by - 15.56% between 1987 and 1990
- Amarillo-TX decreased by - 13.17% between 1987 and 1990
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: 2031 - EAST MANSFIELD, MA
MSA Pop: 1623172Zip Pop: 0
Avg Value: 0
County: BRISTOL
Elev: 30
Region: Northeast
Lat: 42.014266
Long: -71.185433