Real Estate Appreciation for Santa Rosa Petaluma, California: + 12.49%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Santa Rosa Petaluma, California: + 12.49%
- State of CA: + 13.69%
- Difference: - 8.79%
Santa-Rosa-Petaluma-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 100.8 | - 1.09% | - 4.36% |
| 1996 | 3 | 100.93 | + 0.13% | + 0.52% |
| 1996 | 4 | 101.35 | + 0.42% | + 1.66% |
| 1997 | 1 | 102.17 | + 0.81% | + 3.24% |
| 1997 | 2 | 102.94 | + 0.75% | + 3.01% |
| 1997 | 3 | 104.82 | + 1.83% | + 7.31% |
| 1997 | 4 | 105.43 | + 0.58% | + 2.33% |
| 1998 | 1 | 107.44 | + 1.91% | + 7.63% |
| 1998 | 2 | 109.76 | + 2.16% | + 8.64% |
| 1998 | 3 | 112.09 | + 2.12% | + 8.49% |
| 1998 | 4 | 114.64 | + 2.27% | + 9.10% |
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 Bodega Bay, California Refinance, or Bodega Bay, California Reverse Mortgages, you could estimate your home value.
If you knew your Bodega Bay, California home was worth $94,000.00 in 1996, you could multiply by + 12.49%, add the gain and see the home should be worth $105,741.93 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Rosa-Petaluma-CA from 1996 to 1998:
+ 4.16%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
Zip Code in MSA: 94923 - BODEGA BAY, CA
MSA Pop: 466725Zip Pop: 1769
Avg Value: 423600
County: SONOMA
Elev: 177
Region: West
Lat: 38.347982
Long: -123.047568