Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Bellingham, Washington MSA appreciation it was + 10.79% (+ 2.16% yearly) from 1994 to 1998.

During the same time period, WA had + 22.64% (+ 4.53% yearly). From 1994 to 1998, Washington outperformed the individual Bellingham, Washington MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bellingham-WA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $92,000.00 in 1994, you could multiply by + 10.79%, add the gain and see the home should be worth $101,925.62 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bellingham-WA from 1994 to 1998:
+ 2.16%

Appreciation Comparisons

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

The top 5 performing MSAs from 1994 to 1998 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Pueblo-CO, and Portland-Vancouver-Beaverton-OR-WA .

  1. Ogden-Clearfield-UT increased + 47.64% from 1994 to the end of 1998
  2. Salt-Lake-City-UT increased + 47.33% from 1994 to the end of 1998
  3. Provo-Orem-UT increased + 44.17% from 1994 to the end of 1998
  4. Pueblo-CO increased + 41.37% from 1994 to the end of 1998
  5. Portland-Vancouver-Beaverton-OR-WA increased + 40.97% from 1994 to the end of 1998

Zip Code in MSA: 98225 - BELLINGHAM, WA

MSA Pop: 176571
Zip Pop: 42414
Avg Value: 140500
County: WHATCOM
Elev: 60
Region: West
Lat: 48.746963
Long: -122.49594