Real Estate Appreciation for Provo Orem, Utah: + 55.58%
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 + 55.58% (+ 6.18% yearly) from 1994 to 2002.
During the same time period, UT had + 56.81% (+ 6.31% yearly).
From 1994 to 2002, 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
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Provo Orem, Utah .
Lets look at Eagle Mountain, 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 Eagle Mountain, Utah 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 $96,000.00 in 1994, you could multiply by + 55.58%, add the gain and see the home should be worth $149,359.77 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1994 to 2002:
+ 6.18%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2002 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Buffalo-Niagara-Falls-NY, and Rochester-NY .
- Honolulu-HI only increased + 0.38% between 1994 and 2002
- Utica-Rome-NY only increased + 11.21% between 1994 and 2002
- Binghamton-NY only increased + 12.32% between 1994 and 2002
- Buffalo-Niagara-Falls-NY only increased + 13.28% between 1994 and 2002
- Rochester-NY only increased + 13.43% between 1994 and 2002
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
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