Real Estate Appreciation for Bellingham, Washington: + 70.72%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bellingham, Washington: + 70.72%
- State of WA: + 53.95%
- Difference: + 31.07%
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1988 | 2 | 48.98 | + 0.72% | + 2.88% |
| 1988 | 3 | 50.95 | + 4.02% | + 16.09% |
| 1988 | 4 | 52.63 | + 3.30% | + 13.19% |
| 1989 | 1 | 54.53 | + 3.61% | + 14.44% |
| 1989 | 2 | 57.18 | + 4.86% | + 19.44% |
| 1989 | 3 | 61.12 | + 6.89% | + 27.56% |
| 1989 | 4 | 63.33 | + 3.62% | + 14.46% |
| 1990 | 1 | 68.44 | + 8.07% | + 32.28% |
| 1990 | 2 | 73.81 | + 7.85% | + 31.39% |
| 1990 | 3 | 78.16 | + 5.89% | + 23.57% |
| 1990 | 4 | 79.05 | + 1.14% | + 4.55% |
| 1991 | 1 | 82.51 | + 4.38% | + 17.51% |
| 1991 | 2 | 82.76 | + 0.30% | + 1.21% |
| 1991 | 3 | 83.91 | + 1.39% | + 5.56% |
| 1991 | 4 | 83.02 | - 1.06% | - 4.24% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bellingham-WA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Washington, you can do some research at Spec-Loan.com.
If you were going to do a Bellingham, Washington Refinance, or Bellingham, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Bellingham, Washington home was worth $79,000.00 in 1988, you could multiply by + 70.72%, add the gain and see the home should be worth $134,866.95 in 1991. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 1988 to 1991:
+ 17.68%
Appreciation Comparisons
The top 5 performing MSAs from 1988 to 1991 were Honolulu-HI, Bellingham-WA, Bend-OR, Mount-Vernon-Anacortes-WA, and Santa-Rosa-Petaluma-CA .
- Honolulu-HI increased + 85.51% from 1988 to the end of 1991
- Bellingham-WA increased + 70.72% from 1988 to the end of 1991
- Bend-OR increased + 63.12% from 1988 to the end of 1991
- Mount-Vernon-Anacortes-WA increased + 57.54% from 1988 to the end of 1991
- Santa-Rosa-Petaluma-CA increased + 54.60% from 1988 to the end of 1991
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 98225 - BELLINGHAM, WA
MSA Pop: 176571Zip Pop: 42414
Avg Value: 140500
County: WHATCOM
Elev: 60
Region: West
Lat: 48.746963
Long: -122.49594