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Lydia

How To Find Rate Of Appreciation

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Generally you can also find the information once a month or so in the "Business" section of your local metro paper.

 

Another place you could find it would be the website of your local realtors association. The appreciation rate itself probably won't be there, but all the information you'd need to calculate it should be.

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Rental rates are not as clear cut, since those figures are not part of the public record, as property sales are. Review the For Rent section of your newspaper for starters. Find comparable properties and see what they are asking. You can call on older ads and ask what the property actually rented for, and how long it took to get it filled.

Your local REIG is a valuable source of info on this, as well.

So would be a residential property management company, along with the property management division of any real estate office.

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....and from the city-data.com site I grabbed this tid-bit:

 

"Median house value: $98,000 (year 2000)"

 

In 2004, that number is $334,000 !!

 

Yikes...........

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