Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 6.74% (+ 3.37% yearly) from 2000 to 2001.

During the same time period, UT had + 6.42% (+ 3.21% yearly). You can see that the Provo Orem, Utah MSA experienced higher appreciation in this case.

Provo-Orem-UT

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 127.83 - 0.32% - 1.28%
2000 3 130.15 + 1.81% + 7.26%
2000 4 131.86 + 1.31% + 5.26%
2001 1 134.98 + 2.37% + 9.46%
2001 2 135.15 + 0.13% + 0.50%
2001 3 135.04 - 0.08% - 0.33%
2001 4 136.88 + 1.36% + 5.45%


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If you were going to do a American Fork, Utah Refinance, or American Fork, Utah Reverse Mortgages, you could estimate your home value.

If you knew your American Fork, Utah home was worth $101,000.00 in 2000, you could multiply by + 6.74%, add the gain and see the home should be worth $107,804.74 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 2000 to 2001:
+ 3.37%

Appreciation Comparisons

The worst 5 MSAs from 2000 to 2001 were Wenatchee-WA, Odessa-TX, Jackson-TN, Springfield-IL, and Albany-GA .

  1. Wenatchee-WA only increased + 1.89% between 2000 and 2001
  2. Odessa-TX only increased + 3.25% between 2000 and 2001
  3. Jackson-TN only increased + 4.84% between 2000 and 2001
  4. Springfield-IL only increased + 4.92% between 2000 and 2001
  5. Albany-GA only increased + 4.97% between 2000 and 2001

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 84003 - AMERICAN FORK, UT

MSA Pop: 406851
Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526