Real Estate Appreciation for Provo Orem, Utah: + 44.36%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Provo Orem, Utah MSA appreciated + 44.36% (+ 14.79% yearly) between 1993 and the end of 1995.
The state of UT had + 42.46% total appreciation (+ 14.15% yearly).
The Provo Orem, Utah MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 4.49% faster than the state as a whole.
Provo-Orem-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 79 | + 3.78% | + 15.13% |
| 1993 | 3 | 82.11 | + 3.94% | + 15.75% |
| 1993 | 4 | 85.8 | + 4.49% | + 17.98% |
| 1994 | 1 | 88.75 | + 3.44% | + 13.75% |
| 1994 | 2 | 92.93 | + 4.71% | + 18.84% |
| 1994 | 3 | 95.27 | + 2.52% | + 10.07% |
| 1994 | 4 | 97.51 | + 2.35% | + 9.40% |
| 1995 | 1 | 100 | + 2.55% | + 10.21% |
| 1995 | 2 | 103.43 | + 3.43% | + 13.72% |
| 1995 | 3 | 107.22 | + 3.66% | + 14.66% |
| 1995 | 4 | 109.89 | + 2.49% | + 9.96% |
If you need information on Hard Money Rehab Loans in American Fork, Utah look at Spec-Loan.com
If you were going to do a American Fork, Utah Refinance, or American Fork, Utah Reverse Mortgages, you could estimate your home value.
If you knew your American Fork, Utah home was worth $88,000.00 in 1993, you could multiply by + 44.36%, add the gain and see the home should be worth $127,040.46 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1993 to 1995:
+ 14.79%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
Zip Code in MSA: 84003 - AMERICAN FORK, UT
MSA Pop: 406851Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526