Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Providence New Bedford Fall River, Rhode Island, Massachusettes MSA appreciation it was + 26.22% (+ 8.74% yearly) from 2004 to 2006.

During the same time period, RI had + 30.69% (+ 10.23% yearly). From 2004 to 2006, Rhode Island outperformed the individual Providence New Bedford Fall River, Rhode Island, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2006 1 259.73 + 1.16% + 4.63%
2006 2 259.59 - 0.05% - 0.22%
2006 3 259.29 - 0.12% - 0.46%
2006 4 260.9 + 0.62% + 2.48%


Some of the ways peope use our appreciation data for Providence New Bedford Fall River, Rhode Island, Massachusettes include real estate investment .

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 fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $110,000.00 in 2004, you could multiply by + 26.22%, add the gain and see the home should be worth $138,843.73 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 2004 to 2006:
+ 8.74%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .

  1. Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
  2. Kokomo-IN only increased + 0.99% between 2004 and 2006
  3. Anderson-IN only increased + 2.08% between 2004 and 2006
  4. Muncie-IN only increased + 2.23% between 2004 and 2006
  5. Lafayette-IN only increased + 2.44% between 2004 and 2006

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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