Real Estate Appreciation for Bay City, Michigan: + 15.30%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bay City, Michigan MSA appreciation it was + 15.30% (+ 5.10% yearly) from 2000 to 2002.
During the same time period, MI had + 14.62% (+ 4.87% yearly).
You can see that the Bay City, Michigan MSA experienced higher appreciation in this case.
Bay-City-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 143.01 | + 1.30% | + 5.18% |
| 2000 | 3 | 146.69 | + 2.57% | + 10.29% |
| 2000 | 4 | 147.53 | + 0.57% | + 2.29% |
| 2001 | 1 | 150.48 | + 2.00% | + 8.00% |
| 2001 | 2 | 153.86 | + 2.25% | + 8.98% |
| 2001 | 3 | 153.85 | - 0.01% | - 0.03% |
| 2001 | 4 | 155.65 | + 1.17% | + 4.68% |
| 2002 | 1 | 157.69 | + 1.31% | + 5.24% |
| 2002 | 2 | 158.6 | + 0.58% | + 2.31% |
| 2002 | 3 | 161.06 | + 1.55% | + 6.20% |
| 2002 | 4 | 162.78 | + 1.07% | + 4.27% |
If you need information on Hard Money Rehab Loans in Bentley, Michigan look at Spec-Loan.com
If you were going to do a Bentley, Michigan Refinance, or Bentley, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Bentley, Michigan home was worth $102,000.00 in 2000, you could multiply by + 15.30%, add the gain and see the home should be worth $117,605.61 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 2000 to 2002:
+ 5.10%
Appreciation Comparisons
The worst 5 MSAs from 2000 to 2002 were Wenatchee-WA, Lafayette-IN, Springfield-IL, Ogden-Clearfield-UT, and Provo-Orem-UT .
- Wenatchee-WA only increased + 5.30% between 2000 and 2002
- Lafayette-IN only increased + 7.07% between 2000 and 2002
- Springfield-IL only increased + 7.12% between 2000 and 2002
- Ogden-Clearfield-UT only increased + 7.34% between 2000 and 2002
- Provo-Orem-UT only increased + 7.67% between 2000 and 2002
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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
Zip Code in MSA: 48613 - BENTLEY, MI
MSA Pop: 109452Zip Pop: 1129
Avg Value: 69000
County: BAY
Elev: 594
Region: Midwest
Lat: 43.936029
Long: -84.115118