Real Estate Appreciation for Bellingham, Washington: + 18.24%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bellingham, Washington MSA appreciated + 18.24% (+ 4.56% yearly) for the period between 1991 and the end of 1994.
The state had + 15.91% total appreciation (+ 3.98% yearly).
The Bellingham, Washington MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1991 | 2 | 82.76 | + 0.30% | + 1.21% |
| 1991 | 3 | 83.91 | + 1.39% | + 5.56% |
| 1991 | 4 | 83.02 | - 1.06% | - 4.24% |
| 1992 | 1 | 85.15 | + 2.57% | + 10.26% |
| 1992 | 2 | 87.41 | + 2.65% | + 10.62% |
| 1992 | 3 | 88.03 | + 0.71% | + 2.84% |
| 1992 | 4 | 91.02 | + 3.40% | + 13.59% |
| 1993 | 1 | 91.8 | + 0.86% | + 3.43% |
| 1993 | 2 | 92.74 | + 1.02% | + 4.10% |
| 1993 | 3 | 94.55 | + 1.95% | + 7.81% |
| 1993 | 4 | 96.04 | + 1.58% | + 6.30% |
| 1994 | 1 | 97.88 | + 1.92% | + 7.66% |
| 1994 | 2 | 98.93 | + 1.07% | + 4.29% |
| 1994 | 3 | 99.17 | + 0.24% | + 0.97% |
| 1994 | 4 | 97.56 | - 1.62% | - 6.49% |
There are a lot of ways to use the appreciation data for Bellingham, Washington .
Lets look at Bellingham, Washington, a city located in Bellingham, Washington 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 Bellingham, Washington check out 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 $85,000.00 in 1991, you could multiply by + 18.24%, add the gain and see the home should be worth $100,504.18 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 1991 to 1994:
+ 4.56%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1991 to 1994 were Riverside-San-Bernardino-Ontario-CA, San-Luis-Obispo-Paso-Robles-CA, Oxnard-Thousand-Oaks-Ventura-CA, Kingston-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 17.54% between 1991 and 1994
- San-Luis-Obispo-Paso-Robles-CA decreased by - 14.83% between 1991 and 1994
- Oxnard-Thousand-Oaks-Ventura-CA decreased by - 14.20% between 1991 and 1994
- Kingston-NY decreased by - 13.89% between 1991 and 1994
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 13.10% between 1991 and 1994
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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