Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 68.19%
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 + 68.19% (+ 6.82% yearly) between 1993 and the end of 2002.
The state of RI had + 59.98% total appreciation (+ 6.00% 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 + 13.68% faster than the state as a whole.
Providence-New-Bedford-Fall-River-RI-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a North Easton, Rhode Island Refinance, or North Easton, Rhode Island Reverse Mortgages, you could estimate your home value.
If you knew your North Easton, Rhode Island home was worth $95,000.00 in 1993, you could multiply by + 68.19%, add the gain and see the home should be worth $159,777.73 in 2002. 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 2002:
+ 6.82%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Rochester-NY, and Syracuse-NY .
- Honolulu-HI only increased + 1.77% between 1993 and 2002
- Binghamton-NY only increased + 10.26% between 1993 and 2002
- Utica-Rome-NY only increased + 11.82% between 1993 and 2002
- Rochester-NY only increased + 15.19% between 1993 and 2002
- Syracuse-NY only increased + 15.21% between 1993 and 2002
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 2356 - NORTH EASTON, MA
MSA Pop: 1623172Zip Pop: 12504
Avg Value: 227500
County: BRISTOL
Elev: 30
Region: Northeast
Lat: 42.05802
Long: -71.114659