Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Rochester, New York did compared to the state as a whole.

The Rochester, New York MSA property value change was + 4.59% (+ 2.30% yearly).

All of the property in NY averaged + 8.61% change in value (+ 4.30% yearly).

Rochester-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 101.61 - 0.34% - 1.37%
1997 3 102.66 + 1.03% + 4.13%
1997 4 103.48 + 0.80% + 3.20%
1998 1 105.06 + 1.53% + 6.11%
1998 2 105.33 + 0.26% + 1.03%
1998 3 105.41 + 0.08% + 0.30%
1998 4 106.64 + 1.17% + 4.67%


If you need information on Hard Money Rehab Loans in Red Creek, New York look at Spec-Loan.com

If you were going to do a Red Creek, New York Refinance, or Red Creek, New York Reverse Mortgages, you could estimate your home value.

If you knew your Red Creek, New York home was worth $95,000.00 in 1997, you could multiply by + 4.59%, add the gain and see the home should be worth $99,360.53 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Rochester-NY from 1997 to 1998:
+ 2.30%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

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: 13143 - RED CREEK, NY

MSA Pop: 1041198
Zip Pop: 3416
Avg Value: 63900
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.235332
Long: -76.732331