Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Worcester, Massachusettes MSA appreciation it was - 9.05% (- 2.26% yearly) from 1990 to 1993.

During the same time period, MA had - 8.71% (- 2.18% yearly). From 1990 to 1993, Massachusettes outperformed the individual Worcester, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Worcester-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1990 2 112.42 - 1.39% - 5.54%
1990 3 108.99 - 3.05% - 12.20%
1990 4 106.2 - 2.56% - 10.24%
1991 1 106.44 + 0.23% + 0.90%
1991 2 104.71 - 1.63% - 6.50%
1991 3 103.82 - 0.85% - 3.40%
1991 4 105.16 + 1.29% + 5.16%
1992 1 104.46 - 0.67% - 2.66%
1992 2 103.22 - 1.19% - 4.75%
1992 3 103.54 + 0.31% + 1.24%
1992 4 103.74 + 0.19% + 0.77%
1993 1 102.63 - 1.07% - 4.28%
1993 2 102.76 + 0.13% + 0.51%
1993 3 103.01 + 0.24% + 0.97%
1993 4 103.68 + 0.65% + 2.60%


If you need information on Hard Money Rehab Loans in Gilbertville, Massachusettes look at Spec-Loan.com

If you were going to do a Gilbertville, Massachusettes Refinance, or Gilbertville, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Gilbertville, Massachusettes home was worth $83,000.00 in 1990, you could multiply by - 9.05%, add the gain and see the home should be worth $75,486.32 in 1993. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 1990 to 1993:
- 2.26%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1990 to 1993 were Manchester-Nashua-NH, Oxnard-Thousand-Oaks-Ventura-CA, Hartford-West-Hartford-East-Hartford-CT, San-Luis-Obispo-Paso-Robles-CA, and New-Haven-Milford-CT .

  1. Manchester-Nashua-NH decreased by - 17.17% between 1990 and 1993
  2. Oxnard-Thousand-Oaks-Ventura-CA decreased by - 15.74% between 1990 and 1993
  3. Hartford-West-Hartford-East-Hartford-CT decreased by - 12.30% between 1990 and 1993
  4. San-Luis-Obispo-Paso-Robles-CA decreased by - 11.79% between 1990 and 1993
  5. New-Haven-Milford-CT decreased by - 11.70% between 1990 and 1993

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 1031 - GILBERTVILLE, MA

MSA Pop: 776610
Zip Pop: 1263
Avg Value: 116500
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.33426
Long: -72.17604