Real Estate Appreciation for Bay City, Michigan: + 7.41%

Let's start by comparing Bay City, Michigan to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 7.41% (+ 3.71% yearly) for the Bay City, Michigan MSA.

The entire state of MI had + 6.82% appreciation (+ 3.41% yearly). The Bay City, Michigan MSA beat out the state. by + 8.73% appreciation.

Bay-City-MI

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
2002	2	158.6	+ 0.58%	+ 2.31%
2002	3	161.06	+ 1.55%	+ 6.20%
2002	4	162.78	+ 1.07%	+ 4.27%
2003	1	163.09	+ 0.19%	+ 0.76%
2003	2	166.47	+ 2.07%	+ 8.29%
2003	3	166.39	- 0.05%	- 0.19%
2003	4	169.38	+ 1.80%	+ 7.19%

There are a lot of ways to use the appreciation data for Bay City, Michigan .

Lets look at Auburn, Michigan, a city located in Bay City, Michigan MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Auburn, Michigan 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 $105,000.00 in 2002, you could multiply by + 7.41%, add the gain and see the home should be worth $112,783.94 in 2003. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Bay-City-MI from 2002 to 2003:
+ 3.71%

Appreciation Comparisons

The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .

1. Fresno-CA increased + 36.89% from 2002 to the end of 2003
2. Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
3. Chico-CA increased + 35.05% from 2002 to the end of 2003
4. Madera-CA increased + 34.32% from 2002 to the end of 2003
5. Redding-CA increased + 34.01% from 2002 to the end of 2003

In contrast, the worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .

1. Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
2. Lafayette-IN only increased + 2.02% between 2002 and 2003
3. Fayetteville-NC only increased + 2.05% between 2002 and 2003
4. Logan-UT-ID only increased + 2.05% between 2002 and 2003
5. Provo-Orem-UT only increased + 2.06% between 2002 and 2003

Zip Code in MSA: 48611 - AUBURN, MI

MSA Pop: 109452
Zip Pop: 5884
Avg Value: 98300
County: BAY
Elev: 594
Region: Midwest
Lat: 43.618219
Long: -84.088957