Real Estate Appreciation for Bay City, Michigan: + 11.08%
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.
- Bay City, Michigan: + 11.08%
- State of MI: + 11.99%
- Difference: - 7.59%
Bay-City-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 130.16 | + 4.28% | + 17.11% |
| 1998 | 3 | 131.2 | + 0.80% | + 3.20% |
| 1998 | 4 | 132.31 | + 0.85% | + 3.38% |
| 1999 | 1 | 134.31 | + 1.51% | + 6.05% |
| 1999 | 2 | 136.04 | + 1.29% | + 5.15% |
| 1999 | 3 | 137.43 | + 1.02% | + 4.09% |
| 1999 | 4 | 138.65 | + 0.89% | + 3.55% |
Lets look at Auburn, Michigan, a city located in Bay City, Michigan MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Auburn, Michigan Refinance, or Auburn, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Auburn, Michigan home was worth $97,000.00 in 1998, you could multiply by + 11.08%, add the gain and see the home should be worth $107,747.56 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1998 to 1999:
+ 5.54%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 48611 - AUBURN, MI
MSA Pop: 109452Zip Pop: 5884
Avg Value: 98300
County: BAY
Elev: 594
Region: Midwest
Lat: 43.618219
Long: -84.088957