Real Estate Appreciation for Bay City, Michigan: + 76.60%
Appreciation for MSAs:.
Let's start by comparing Bay City, Michigan to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 76.60% (+ 8.51% yearly) for the Bay City, Michigan MSA.
The entire state of MI had + 68.76% appreciation (+ 7.64% yearly).
The Bay City, Michigan MSA beat out the state. by + 11.39% appreciation.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bay City, Michigan .
Lets look at Bay City, Michigan, a city located in Bay City, Michigan MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Bay City, Michigan check out Spec-Loan.com
If you were going to do a Bay City, Michigan Refinance, or Bay City, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Bay City, Michigan home was worth $92,000.00 in 1992, you could multiply by + 76.60%, add the gain and see the home should be worth $162,470.19 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1992 to 2000:
+ 8.51%
Appreciation Comparisons
The worst 5 MSAs from 1992 to 2000 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Bakersfield-CA .
- Honolulu-HI decreased by - 11.63% between 1992 and 2000
- Binghamton-NY decreased by - 1.61% between 1992 and 2000
- Utica-Rome-NY decreased by - 0.25% between 1992 and 2000
- Albany-Schenectady-Troy-NY decreased by - 0.02% between 1992 and 2000
- Bakersfield-CA only increased + 0.18% between 1992 and 2000
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 48707 - BAY CITY, MI
MSA Pop: 109452Zip Pop: 0
Avg Value: 0
County: BAY
Elev: 594
Region: Midwest
Lat: 43.529414
Long: -83.84175