Real Estate Appreciation for Bellingham, Washington: + 11.72%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bellingham, Washington MSA appreciated + 11.72% (+ 3.91% yearly) between 1993 and the end of 1995.
The state of WA had + 11.95% total appreciation (+ 3.98% yearly).
The state average for Washington was higher than the real estate appreciation in the Bellingham, Washington MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 1.95% faster than this MSA.
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1995 | 1 | 100 | + 2.50% | + 10.00% |
| 1995 | 2 | 99.95 | - 0.05% | - 0.20% |
| 1995 | 3 | 102.66 | + 2.71% | + 10.85% |
| 1995 | 4 | 102.56 | - 0.10% | - 0.39% |
There are a lot of ways to use the appreciation data for Bellingham, Washington .
Lets look at Acme, 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 Acme, Washington check out Spec-Loan.com
If you were going to do a Acme, Washington Refinance, or Acme, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Acme, Washington home was worth $88,000.00 in 1993, you could multiply by + 11.72%, add the gain and see the home should be worth $98,314.60 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 1993 to 1995:
+ 3.91%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1995 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.41% between 1993 and 1995
- Binghamton-NY decreased by - 10.14% between 1993 and 1995
- Kingston-NY decreased by - 9.24% between 1993 and 1995
- Utica-Rome-NY decreased by - 9.14% between 1993 and 1995
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 7.65% between 1993 and 1995
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 98220 - ACME, WA
MSA Pop: 176571Zip Pop: 648
Avg Value: 114000
County: WHATCOM
Elev: 60
Region: West
Lat: 48.688388
Long: -122.195883