Real Estate Appreciation for Bellingham, Washington: + 38.52%
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 + 38.52% (+ 3.85% yearly) between 1993 and the end of 2002.
The state of WA had + 57.07% total appreciation (+ 5.71% 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 + 48.16% faster than this MSA.
Bellingham-WA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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 $95,000.00 in 1993, you could multiply by + 38.52%, add the gain and see the home should be worth $131,592.59 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 1993 to 2002:
+ 3.85%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Rochester-NY, and Syracuse-NY .
- Honolulu-HI only increased + 1.77% between 1993 and 2002
- Binghamton-NY only increased + 10.26% between 1993 and 2002
- Utica-Rome-NY only increased + 11.82% between 1993 and 2002
- Rochester-NY only increased + 15.19% between 1993 and 2002
- Syracuse-NY only increased + 15.21% between 1993 and 2002
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 98226 - BELLINGHAM, WA
MSA Pop: 176571Zip Pop: 56465
Avg Value: 162600
County: WHATCOM
Elev: 60
Region: West
Lat: 48.764067
Long: -122.443537