Real Estate Appreciation for Visalia Porterville, California: + 4.05%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Visalia Porterville, California did compared to the state as a whole.
The Visalia Porterville, California MSA property value change was + 4.05% (+ 1.01% yearly).
All of the property in CA averaged + 40.36% change in value (+ 10.09% yearly).
Visalia-Porterville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 102.89 | - 0.29% | - 1.16% |
| 1997 | 3 | 103.68 | + 0.77% | + 3.07% |
| 1997 | 4 | 104.27 | + 0.57% | + 2.28% |
| 1998 | 1 | 105.93 | + 1.59% | + 6.37% |
| 1998 | 2 | 106.03 | + 0.09% | + 0.38% |
| 1998 | 3 | 105.81 | - 0.21% | - 0.83% |
| 1998 | 4 | 107.6 | + 1.69% | + 6.77% |
| 1999 | 1 | 107.06 | - 0.50% | - 2.01% |
| 1999 | 2 | 107.5 | + 0.41% | + 1.64% |
| 1999 | 3 | 104.78 | - 2.53% | - 10.12% |
| 1999 | 4 | 106.1 | + 1.26% | + 5.04% |
| 2000 | 1 | 107.06 | + 0.90% | + 3.62% |
| 2000 | 2 | 106.07 | - 0.92% | - 3.70% |
| 2000 | 3 | 106.46 | + 0.37% | + 1.47% |
| 2000 | 4 | 107.37 | + 0.85% | + 3.42% |
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 Visalia-Porterville-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 California Hot Springs, California Refinance, or California Hot Springs, California Reverse Mortgages, you could estimate your home value.
If you knew your California Hot Springs, California home was worth $97,000.00 in 1997, you could multiply by + 4.05%, add the gain and see the home should be worth $100,929.26 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Visalia-Porterville-CA from 1997 to 2000:
+ 1.01%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .
- Honolulu-HI decreased by - 1.70% between 1997 and 2000
- Williamsport-PA only increased + 2.60% between 1997 and 2000
- Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
- Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
- Midland-TX only increased + 3.25% between 1997 and 2000
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 93207 - CALIFORNIA HOT SPRINGS, CA
MSA Pop: 390791Zip Pop: 210
Avg Value: 78000
County: TULARE
Elev: 331
Region: West
Lat: 35.904638
Long: -118.723274