Real Estate Appreciation for Bay City, Michigan: +102.36%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bay City, Michigan MSA appreciated +102.36% (+ 8.53% yearly) between 1993 and the end of 2004.
The state of MI had + 95.50% total appreciation (+ 7.96% yearly).
The Bay City, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 7.19% faster than the state as a whole.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a University Center, Michigan Refinance, or University Center, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your University Center, Michigan home was worth $97,000.00 in 1993, you could multiply by +102.36%, add the gain and see the home should be worth $196,293.51 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1993 to 2004:
+ 8.53%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2004 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and Ocean-City-NJ .
- Barnstable-Town-MA increased +183.32% from 1993 to the end of 2004
- Salinas-CA increased +182.48% from 1993 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +170.10% from 1993 to the end of 2004
- Napa-CA increased +156.08% from 1993 to the end of 2004
- Ocean-City-NJ increased +153.55% from 1993 to the end of 2004
For a 12 year period, the top 5 performing MSAs of all time are Oxnard-Thousand-Oaks-Ventura-CA, Bridgeport-Stamford-Norwalk-CT, San-Jose-Sunnyvale-Santa-Clara-CA, Providence-New-Bedford-Fall-River-RI-MA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Oxnard-Thousand-Oaks-Ventura-CA increased +288.32% from 1977 thru 1988
- Bridgeport-Stamford-Norwalk-CT increased +284.24% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +270.45% from 1977 thru 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +269.41% from 1977 thru 1988
- San-Jose-Sunnyvale-Santa-Clara-CA increased +267.22% from 1978 thru 1989
Zip Code in MSA: 48710 - UNIVERSITY CENTER, MI
MSA Pop: 109452Zip Pop: 0
Avg Value: 0
County: BAY
Elev: 594
Region: Midwest
Lat: 43.562379
Long: -83.989067