Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 0.12%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Providence New Bedford Fall River, Rhode Island, Massachusettes MSA appreciated + 0.12% (+ 0.03% yearly) between 1993 and the end of 1996.
The state of RI had - 2.75% total appreciation (- 0.69% yearly).
The Providence New Bedford Fall River, Rhode Island, Massachusettes MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated -104.22% faster than the state as a whole.
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 104.01 | + 0.51% | + 2.05% |
| 1993 | 3 | 103.87 | - 0.13% | - 0.54% |
| 1993 | 4 | 104.73 | + 0.83% | + 3.31% |
| 1994 | 1 | 104.28 | - 0.43% | - 1.72% |
| 1994 | 2 | 101.86 | - 2.32% | - 9.28% |
| 1994 | 3 | 100.71 | - 1.13% | - 4.52% |
| 1994 | 4 | 99.67 | - 1.03% | - 4.13% |
| 1995 | 1 | 100 | + 0.33% | + 1.32% |
| 1995 | 2 | 101.5 | + 1.50% | + 6.00% |
| 1995 | 3 | 103.21 | + 1.68% | + 6.74% |
| 1995 | 4 | 104.25 | + 1.01% | + 4.03% |
| 1996 | 1 | 105.24 | + 0.95% | + 3.80% |
| 1996 | 2 | 103.95 | - 1.23% | - 4.90% |
| 1996 | 3 | 102.45 | - 1.44% | - 5.77% |
| 1996 | 4 | 103.6 | + 1.12% | + 4.49% |
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 $89,000.00 in 1993, you could multiply by + 0.12%, add the gain and see the home should be worth $89,103.21 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 1993 to 1996:
+ 0.03%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1996 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Greeley-CO .
- Salt-Lake-City-UT increased + 55.78% from 1993 to the end of 1996
- Provo-Orem-UT increased + 52.50% from 1993 to the end of 1996
- Ogden-Clearfield-UT increased + 51.69% from 1993 to the end of 1996
- Logan-UT-ID increased + 43.02% from 1993 to the end of 1996
- Greeley-CO increased + 41.92% from 1993 to the end of 1996
In contrast, the worst 5 MSAs from 1993 to 1996 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 15.31% between 1993 and 1996
- Binghamton-NY decreased by - 14.87% between 1993 and 1996
- Kingston-NY decreased by - 13.20% between 1993 and 1996
- Utica-Rome-NY decreased by - 9.87% between 1993 and 1996
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 9.65% between 1993 and 1996
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