Real Estate Appreciation for Provo Orem, Utah: + 81.40%
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 + 81.40% (+ 8.14% yearly) between 1993 and the end of 2002.
The state of UT had + 81.14% total appreciation (+ 8.11% yearly).
The Provo Orem, Utah MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 0.32% faster than the state as a whole.
Provo-Orem-UT
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
There are a lot of ways to use the appreciation data for Provo Orem, Utah .
Lets look at Cedar Valley, Utah, a city located in Provo Orem, Utah MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Cedar Valley, Utah check out Spec-Loan.com
If you were going to do a Cedar Valley, Utah Refinance, or Cedar Valley, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Cedar Valley, Utah home was worth $95,000.00 in 1993, you could multiply by + 81.40%, add the gain and see the home should be worth $172,327.90 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1993 to 2002:
+ 8.14%
Appreciation Comparisons
In contrast, 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
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: 84013 - CEDAR VALLEY, UT
MSA Pop: 406851Zip Pop: 901
Avg Value: 163600
County: UTAH
Elev: 4512
Region: West
Lat: 40.24758
Long: -112.06206