Real Estate Appreciation for Provo Orem, Utah: + 21.56%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Provo Orem, Utah: + 21.56%
- State of UT: + 22.44%
- Difference: - 3.93%
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Alpine, Utah Refinance, or Alpine, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Alpine, Utah home was worth $97,000.00 in 1996, you could multiply by + 21.56%, add the gain and see the home should be worth $117,916.16 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1996 to 2001:
+ 3.59%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Salinas-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 97.98% from 1996 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 87.89% from 1996 to the end of 2001
- Barnstable-Town-MA increased + 78.09% from 1996 to the end of 2001
- Salinas-CA increased + 77.14% from 1996 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 76.30% from 1996 to the end of 2001
In contrast, the worst 5 MSAs from 1996 to 2001 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Coeur-d'Alene-ID, Lawton-OK, and El-Paso-TX .
- Honolulu-HI decreased by - 3.69% between 1996 and 2001
- Buffalo-Niagara-Falls-NY only increased + 6.65% between 1996 and 2001
- Coeur-d'Alene-ID only increased + 7.34% between 1996 and 2001
- Lawton-OK only increased + 8.32% between 1996 and 2001
- El-Paso-TX only increased + 8.38% between 1996 and 2001
Zip Code in MSA: 84004 - ALPINE, UT
MSA Pop: 406851Zip Pop: 7576
Avg Value: 295500
County: UTAH
Elev: 4512
Region: West
Lat: 40.457963
Long: -111.769126