Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: - 5.55%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Providence New Bedford Fall River, Rhode Island, Massachusettes MSA appreciated - 5.55% (- 1.39% yearly) for the period between 1989 and the end of 1992.
The state had - 4.59% total appreciation (- 1.15% yearly).
The state average for Rhode Island was higher than the real estate appreciation in the Providence New Bedford Fall River, Rhode Island, Massachusettes MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated - 17.23% faster than this MSA.
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1991 | 1 | 108.22 | + 0.13% | + 0.52% |
| 1991 | 2 | 106.07 | - 1.99% | - 7.95% |
| 1991 | 3 | 104.49 | - 1.49% | - 5.96% |
| 1991 | 4 | 105.9 | + 1.35% | + 5.40% |
| 1992 | 1 | 105.26 | - 0.60% | - 2.42% |
| 1992 | 2 | 103.76 | - 1.43% | - 5.70% |
| 1992 | 3 | 104.06 | + 0.29% | + 1.16% |
| 1992 | 4 | 104.56 | + 0.48% | + 1.92% |
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 $81,000.00 in 1989, you could multiply by - 5.55%, add the gain and see the home should be worth $76,507.32 in 1992. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 1989 to 1992:
- 1.39%
Appreciation Comparisons
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
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