Real Estate Appreciation for Ann Arbor, Michigan: + 23.78%
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.
- Ann Arbor, Michigan: + 23.78%
- State of MI: + 19.92%
- Difference: + 19.37%
Ann-Arbor-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 123.25 | + 1.46% | + 5.83% |
| 1998 | 3 | 126.3 | + 2.47% | + 9.90% |
| 1998 | 4 | 127.19 | + 0.70% | + 2.82% |
| 1999 | 1 | 129.61 | + 1.90% | + 7.61% |
| 1999 | 2 | 132.79 | + 2.45% | + 9.81% |
| 1999 | 3 | 136.04 | + 2.45% | + 9.79% |
| 1999 | 4 | 139.62 | + 2.63% | + 10.53% |
| 2000 | 1 | 141.49 | + 1.34% | + 5.36% |
| 2000 | 2 | 145.01 | + 2.49% | + 9.95% |
| 2000 | 3 | 148.42 | + 2.35% | + 9.41% |
| 2000 | 4 | 150.37 | + 1.31% | + 5.26% |
If you need information on Hard Money Rehab Loans in Ann Arbor, Michigan look at Spec-Loan.com
If you were going to do a Ann Arbor, Michigan Refinance, or Ann Arbor, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Ann Arbor, Michigan home was worth $98,000.00 in 1998, you could multiply by + 23.78%, add the gain and see the home should be worth $121,306.06 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 1998 to 2000:
+ 7.93%
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 1998 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 60.41% from 1998 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 58.08% from 1998 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 53.83% from 1998 to the end of 2000
- Salinas-CA increased + 50.81% from 1998 to the end of 2000
- Napa-CA increased + 45.22% from 1998 to the end of 2000
Zip Code in MSA: 48103 - ANN ARBOR, MI
MSA Pop: 338562Zip Pop: 49086
Avg Value: 188600
County: WASHTENAW
Elev: 802
Region: Midwest
Lat: 42.27078
Long: -83.80866