Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Springfield, Massachusettes MSA appreciated +142.96% (+ 23.83% yearly) between 1983 and the end of 1988.

The state of MA had +142.70% total appreciation (+ 23.78% yearly). The Springfield, Massachusettes MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 0.19% faster than the state as a whole.

Springfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1985-1988 Quarterly Detailed Appreciation


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 Amherst, Massachusettes Refinance, or Amherst, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Amherst, Massachusettes home was worth $71,000.00 in 1983, you could multiply by +142.96%, add the gain and see the home should be worth $172,504.91 in 1988. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1983 to 1988:
+ 23.83%

Appreciation Comparisons

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

The top 5 performing MSAs from 1983 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, New-Haven-Milford-CT, Worcester-MA, and Poughkeepsie-Newburgh-Middletown-NY .

  1. Providence-New-Bedford-Fall-River-RI-MA increased +149.30% from 1983 to the end of 1988
  2. Springfield-MA increased +142.96% from 1983 to the end of 1988
  3. New-Haven-Milford-CT increased +138.44% from 1983 to the end of 1988
  4. Worcester-MA increased +136.48% from 1983 to the end of 1988
  5. Poughkeepsie-Newburgh-Middletown-NY increased +132.57% from 1983 to the end of 1988

Zip Code in MSA: 1002 - AMHERST, MA

MSA Pop: 688495
Zip Pop: 36794
Avg Value: 177600
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.37686
Long: -72.46914