Real Estate Appreciation for Bay City, Michigan: + 9.15%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bay City, Michigan MSA appreciated + 9.15% (+ 4.58% yearly) between 2003 and the end of 2004.
The state of MI had + 7.77% total appreciation (+ 3.88% yearly).
The Bay City, Michigan MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 17.85% faster than the state as a whole.
Bay-City-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 166.47 | + 2.07% | + 8.29% |
| 2003 | 3 | 166.39 | - 0.05% | - 0.19% |
| 2003 | 4 | 169.38 | + 1.80% | + 7.19% |
| 2004 | 1 | 169.43 | + 0.03% | + 0.12% |
| 2004 | 2 | 171.76 | + 1.38% | + 5.50% |
| 2004 | 3 | 170.02 | - 1.01% | - 4.05% |
| 2004 | 4 | 178.02 | + 4.71% | + 18.82% |
Some of the ways peope use our appreciation data for Bay City, Michigan include real estate investment .
Lets look at Auburn, Michigan, a city located in Bay City, Michigan MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $107,000.00 in 2003, you could multiply by + 9.15%, add the gain and see the home should be worth $116,795.27 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bay-City-MI from 2003 to 2004:
+ 4.58%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .
- Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
- Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
- Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
- Madera-CA increased + 48.31% from 2003 to the end of 2004
- Fresno-CA increased + 47.99% from 2003 to the end of 2004
In contrast, the worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .
- Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
- Jackson-TN only increased + 1.89% between 2003 and 2004
- Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
- Burlington-NC only increased + 2.09% between 2003 and 2004
- Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004
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