Real Estate Appreciation for Provo Orem, Utah: +106.58%
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 +106.58% (+ 8.20% yearly) between 1993 and the end of 2005.
The state of UT had +119.57% total appreciation (+ 9.20% yearly).
The state average for Utah was higher than the real estate appreciation in the Provo Orem, Utah MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 12.18% faster than this MSA.
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
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 Lindon, 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 Lindon, Utah check out Spec-Loan.com
If you were going to do a Lindon, Utah Refinance, or Lindon, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Lindon, Utah home was worth $98,000.00 in 1993, you could multiply by +106.58%, add the gain and see the home should be worth $202,450.08 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1993 to 2005:
+ 8.20%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2005 were Rochester-NY, Elmira-NY, Binghamton-NY, Buffalo-Niagara-Falls-NY, and Utica-Rome-NY .
- Rochester-NY only increased + 31.91% between 1993 and 2005
- Elmira-NY only increased + 34.09% between 1993 and 2005
- Binghamton-NY only increased + 34.60% between 1993 and 2005
- Buffalo-Niagara-Falls-NY only increased + 36.77% between 1993 and 2005
- Utica-Rome-NY only increased + 37.94% between 1993 and 2005
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
Zip Code in MSA: 84042 - LINDON, UT
MSA Pop: 406851Zip Pop: 8367
Avg Value: 222900
County: UTAH
Elev: 4512
Region: West
Lat: 40.346182
Long: -111.731797