Appreciation for MSAs:.

Let's start by comparing Providence New Bedford Fall River, Rhode Island, Massachusettes to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 65.30% (+ 16.32% yearly) for the Providence New Bedford Fall River, Rhode Island, Massachusettes MSA.

The entire state of RI had + 71.07% appreciation (+ 17.77% 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 means the conditions in the MSA for real estate investment were worse by + 8.84%.

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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2004 1 206.7 + 2.51% + 10.06%
2004 2 214.77 + 3.90% + 15.62%
2004 3 228.03 + 6.17% + 24.70%
2004 4 233.61 + 2.45% + 9.79%
2005 1 239.12 + 2.36% + 9.43%
2005 2 247.57 + 3.53% + 14.14%
2005 3 253 + 2.19% + 8.77%
2005 4 256.76 + 1.49% + 5.94%


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 $107,000.00 in 2002, you could multiply by + 65.30%, add the gain and see the home should be worth $176,870.66 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 2002 to 2005:
+ 16.32%

Appreciation Comparisons

The worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .

  1. Lafayette-IN only increased + 6.22% between 2002 and 2005
  2. Burlington-NC only increased + 6.40% between 2002 and 2005
  3. Anderson-IN only increased + 8.50% between 2002 and 2005
  4. Jonesboro-AR only increased + 8.86% between 2002 and 2005
  5. Fort-Wayne-IN only increased + 9.30% between 2002 and 2005

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

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