Real Estate Appreciation for San Luis Obispo Paso Robles, California: - 5.60%
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 Luis Obispo Paso Robles, California MSA appreciated - 5.60% (- 1.40% yearly) between 1993 and the end of 1996.
The state of CA had - 8.12% total appreciation (- 2.03% yearly).
The San Luis Obispo Paso Robles, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 31.01% faster than the state as a whole.
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 107.61 | - 0.71% | - 2.84% |
| 1993 | 3 | 106.99 | - 0.58% | - 2.30% |
| 1993 | 4 | 106.87 | - 0.11% | - 0.45% |
| 1994 | 1 | 106.6 | - 0.25% | - 1.01% |
| 1994 | 2 | 103.13 | - 3.26% | - 13.02% |
| 1994 | 3 | 101.77 | - 1.32% | - 5.27% |
| 1994 | 4 | 101.21 | - 0.55% | - 2.20% |
| 1995 | 1 | 100 | - 1.20% | - 4.78% |
| 1995 | 2 | 101.37 | + 1.37% | + 5.48% |
| 1995 | 3 | 101.67 | + 0.30% | + 1.18% |
| 1995 | 4 | 102.73 | + 1.04% | + 4.17% |
| 1996 | 1 | 102.61 | - 0.12% | - 0.47% |
| 1996 | 2 | 101.74 | - 0.85% | - 3.39% |
| 1996 | 3 | 102.01 | + 0.27% | + 1.06% |
| 1996 | 4 | 102.31 | + 0.29% | + 1.18% |
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 Osos, California Refinance, or Los Osos, California Reverse Mortgages, you could estimate your home value.
If you knew your Los Osos, California home was worth $89,000.00 in 1993, you could multiply by - 5.60%, add the gain and see the home should be worth $84,015.41 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 1993 to 1996:
- 1.40%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 93402 - LOS OSOS, CA
MSA Pop: 253118Zip Pop: 14842
Avg Value: 201900
County: SAN LUIS OBISPO
Elev: 234
Region: West
Lat: 35.30142
Long: -120.825