Real Estate Appreciation for Riverside San Bernardino Ontario, California: +152.59%
Appreciation for MSAs:.
Let's start by comparing Riverside San Bernardino Ontario, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +152.59% (+ 10.90% yearly) for the Riverside San Bernardino Ontario, California MSA.
The entire state of CA had +172.72% appreciation (+ 12.34% yearly).
The state average for California was higher than the real estate appreciation in the Riverside San Bernardino Ontario, California MSA. This means the conditions in the MSA for real estate investment were worse by + 13.19%.
Riverside-San-Bernardino-Ontario-CA
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
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 Beaumont, California Refinance, or Beaumont, California Reverse Mortgages, you could estimate your home value.
If you knew your Beaumont, California home was worth $97,000.00 in 1992, you could multiply by +152.59%, add the gain and see the home should be worth $245,012.24 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Riverside-San-Bernardino-Ontario-CA from 1992 to 2005:
+ 10.90%
Appreciation Comparisons
The worst 5 MSAs from 1992 to 2005 were Binghamton-NY, Rochester-NY, Elmira-NY, Utica-Rome-NY, and Syracuse-NY .
- Binghamton-NY only increased + 32.37% between 1992 and 2005
- Rochester-NY only increased + 32.70% between 1992 and 2005
- Elmira-NY only increased + 36.26% between 1992 and 2005
- Utica-Rome-NY only increased + 38.12% between 1992 and 2005
- Syracuse-NY only increased + 38.97% between 1992 and 2005
For a 14 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +471.91% from 1976 thru 1989
- Honolulu-HI increased +338.44% from 1978 thru 1991
- San-Jose-Sunnyvale-Santa-Clara-CA increased +337.52% from 1977 thru 1990
- Oxnard-Thousand-Oaks-Ventura-CA increased +325.36% from 1977 thru 1990
- Santa-Rosa-Petaluma-CA increased +309.66% from 1977 thru 1990
The worst perfoming MSAs ever for a 14 year period, were Midland-TX, Midland-TX, Odessa-TX, Midland-TX, and Midland-TX .
- Midland-TX lost - 26.68% from 1982 to 1995
- Midland-TX lost - 24.58% from 1983 thru 1996
- Odessa-TX lost - 17.25% from 1984 thru 1997
- Midland-TX lost - 13.75% from 1984 thru 1997
- Midland-TX lost - 6.03% from 1986 thru 1999
Zip Code in MSA: 92223 - BEAUMONT, CA
MSA Pop: 3642328Zip Pop: 17716
Avg Value: 101900
County: RIVERSIDE
Elev: 851
Region: West
Lat: 33.952737
Long: -116.972833