Real Estate Appreciation for San Jose Sunnyvale Santa Clara, California: - 3.09%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The San Jose Sunnyvale Santa Clara, California MSA appreciated - 3.09% (- 1.54% yearly) between 1993 and the end of 1994.
The state of CA had - 8.36% total appreciation (- 4.18% yearly).
The San Jose Sunnyvale Santa Clara, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 63.06% faster than the state as a whole.
San-Jose-Sunnyvale-Santa-Clara-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 102.63 | - 0.63% | - 2.52% |
| 1993 | 3 | 102.29 | - 0.33% | - 1.33% |
| 1993 | 4 | 101.72 | - 0.56% | - 2.23% |
| 1994 | 1 | 101.02 | - 0.69% | - 2.75% |
| 1994 | 2 | 100.41 | - 0.60% | - 2.42% |
| 1994 | 3 | 100.13 | - 0.28% | - 1.12% |
| 1994 | 4 | 100.09 | - 0.04% | - 0.16% |
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 Los Altos, California Refinance, or Los Altos, California Reverse Mortgages, you could estimate your home value.
If you knew your Los Altos, California home was worth $87,000.00 in 1993, you could multiply by - 3.09%, add the gain and see the home should be worth $84,312.84 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Jose-Sunnyvale-Santa-Clara-CA from 1993 to 1994:
- 1.54%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1994 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
- Kingston-NY decreased by - 12.24% between 1993 and 1994
- Binghamton-NY decreased by - 10.95% between 1993 and 1994
- Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- 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 .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 94022 - LOS ALTOS, CA
MSA Pop: 1734721Zip Pop: 18466
Avg Value: 1000001
County: SANTA CLARA
Elev: 87
Region: West
Lat: 37.36656
Long: -122.13696