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 + 47.58% (+ 15.86% yearly) for the period between 2001 and the end of 2003.

The state had + 49.54% total appreciation (+ 16.51% 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 + 4.12% faster than this MSA.

Providence-New-Bedford-Fall-River-RI-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 141.26 + 3.40% + 13.59%
2001 3 146.61 + 3.79% + 15.15%
2001 4 149.82 + 2.19% + 8.76%
2002 1 155.33 + 3.68% + 14.71%
2002 2 162.61 + 4.69% + 18.75%
2002 3 168.69 + 3.74% + 14.96%
2002 4 174.04 + 3.17% + 12.69%
2003 1 179.1 + 2.91% + 11.63%
2003 2 183.25 + 2.32% + 9.27%
2003 3 189.87 + 3.61% + 14.45%
2003 4 201.63 + 6.19% + 24.77%


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 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 $104,000.00 in 2001, you could multiply by + 47.58%, add the gain and see the home should be worth $153,487.92 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 2001 to 2003:
+ 15.86%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .

  1. Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
  2. Chico-CA increased + 50.54% from 2001 to the end of 2003
  3. Fresno-CA increased + 50.27% from 2001 to the end of 2003
  4. Redding-CA increased + 49.39% from 2001 to the end of 2003
  5. Madera-CA increased + 48.53% from 2001 to the end of 2003

Zip Code in MSA: 2031 - EAST MANSFIELD, MA

MSA Pop: 1623172
Zip Pop: 0
Avg Value: 0
County: BRISTOL
Elev: 30
Region: Northeast
Lat: 42.014266
Long: -71.185433