Real Estate Appreciation for Bay City, Michigan: + 9.84%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bay City, Michigan MSA appreciated + 9.84% (+ 4.92% yearly) for the period between 1999 and the end of 2000.
The state had + 12.91% total appreciation (+ 6.46% yearly).
The state average for Michigan was higher than the real estate appreciation in the Bay City, Michigan MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 31.21% faster than this MSA.
Bay-City-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 136.04 | + 1.29% | + 5.15% |
| 1999 | 3 | 137.43 | + 1.02% | + 4.09% |
| 1999 | 4 | 138.65 | + 0.89% | + 3.55% |
| 2000 | 1 | 141.18 | + 1.82% | + 7.30% |
| 2000 | 2 | 143.01 | + 1.30% | + 5.18% |
| 2000 | 3 | 146.69 | + 2.57% | + 10.29% |
| 2000 | 4 | 147.53 | + 0.57% | + 2.29% |
If you need information on Hard Money Rehab Loans in Auburn, Michigan look at 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 $99,000.00 in 1999, you could multiply by + 9.84%, add the gain and see the home should be worth $108,744.47 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 1999 to 2000:
+ 4.92%
Appreciation Comparisons
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