Real Estate Appreciation for Bay City, Michigan: + 26.19%
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 + 26.19% (+ 4.36% yearly) from 2000 to 2005.
During the same time period, MI had + 28.78% (+ 4.80% yearly).
From 2000 to 2005, Michigan outperformed the individual Bay City, Michigan MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bay-City-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 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 Linwood, Michigan Refinance, or Linwood, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Linwood, Michigan home was worth $105,000.00 in 2000, you could multiply by + 26.19%, add the gain and see the home should be worth $132,495.75 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 2000 to 2005:
+ 4.36%
Appreciation Comparisons
The worst 5 MSAs from 2000 to 2005 were Lafayette-IN, Burlington-NC, Jonesboro-AR, Jackson-TN, and Decatur-AL .
- Lafayette-IN only increased + 12.89% between 2000 and 2005
- Burlington-NC only increased + 15.79% between 2000 and 2005
- Jonesboro-AR only increased + 16.76% between 2000 and 2005
- Jackson-TN only increased + 17.68% between 2000 and 2005
- Decatur-AL only increased + 17.80% between 2000 and 2005
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 48634 - LINWOOD, MI
MSA Pop: 109452Zip Pop: 4684
Avg Value: 91500
County: BAY
Elev: 594
Region: Midwest
Lat: 43.747429
Long: -84.037764