Real Estate Appreciation for Santa Rosa Petaluma, California: - 3.13%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Santa Rosa Petaluma, California MSA appreciated - 3.13% (- 1.56% yearly) between 1993 and the end of 1994.
The state of CA had - 8.36% total appreciation (- 4.18% yearly).
The Santa Rosa Petaluma, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 62.57% faster than the state as a whole.
Santa-Rosa-Petaluma-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 103.35 | - 0.49% | - 1.96% |
| 1993 | 3 | 103.03 | - 0.31% | - 1.24% |
| 1993 | 4 | 102.98 | - 0.05% | - 0.19% |
| 1994 | 1 | 102.72 | - 0.25% | - 1.01% |
| 1994 | 2 | 102 | - 0.70% | - 2.80% |
| 1994 | 3 | 101.04 | - 0.94% | - 3.76% |
| 1994 | 4 | 100.61 | - 0.43% | - 1.70% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Santa-Rosa-Petaluma-CA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in California, you can do some research at Spec-Loan.com.
If you were going to do a Bodega, California Refinance, or Bodega, California Reverse Mortgages, you could estimate your home value.
If you knew your Bodega, California home was worth $87,000.00 in 1993, you could multiply by - 3.13%, add the gain and see the home should be worth $84,277.59 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Rosa-Petaluma-CA from 1993 to 1994:
- 1.56%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 94922 - BODEGA, CA
MSA Pop: 466725Zip Pop: 571
Avg Value: 405600
County: SONOMA
Elev: 177
Region: West
Lat: 38.377081
Long: -122.983542