Real Estate Appreciation for Provo Orem, Utah: + 54.23%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Provo Orem, Utah MSA appreciation it was + 54.23% (+ 6.78% yearly) from 1994 to 2001.
During the same time period, UT had + 54.47% (+ 6.81% yearly).
From 1994 to 2001, Utah outperformed the individual Provo Orem, Utah MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Lets look at Eagle Mountain, Utah, a city located in Provo Orem, Utah MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Eagle Mountain, Utah Refinance, or Eagle Mountain, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Eagle Mountain, Utah home was worth $95,000.00 in 1994, you could multiply by + 54.23%, add the gain and see the home should be worth $146,519.44 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1994 to 2001:
+ 6.78%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2001 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Syracuse-NY .
- Honolulu-HI decreased by - 7.06% between 1994 and 2001
- Utica-Rome-NY only increased + 6.45% between 1994 and 2001
- Glens-Falls-NY only increased + 6.82% between 1994 and 2001
- Albany-Schenectady-Troy-NY only increased + 6.99% between 1994 and 2001
- Syracuse-NY only increased + 7.38% between 1994 and 2001
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 84005 - EAGLE MOUNTAIN, UT
MSA Pop: 406851Zip Pop: 0
Avg Value: 0
County: UTAH
Elev: 4512
Region: West
Lat: 40.3802
Long: -111.991