Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Bellingham, Washington did compared to the state as a whole.

The Bellingham, Washington MSA property value change was + 4.05% (+ 2.02% yearly).

All of the property in WA averaged + 11.62% change in value (+ 5.81% yearly).

Bellingham-WA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 103.21 - 0.97% - 3.88%
1997 3 103.7 + 0.47% + 1.90%
1997 4 106.24 + 2.45% + 9.80%
1998 1 106.8 + 0.53% + 2.11%
1998 2 107.25 + 0.42% + 1.69%
1998 3 106.56 - 0.64% - 2.57%
1998 4 108.44 + 1.76% + 7.06%


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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 $95,000.00 in 1997, you could multiply by + 4.05%, add the gain and see the home should be worth $98,846.67 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bellingham-WA from 1997 to 1998:
+ 2.02%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 98220 - ACME, WA

MSA Pop: 176571
Zip Pop: 648
Avg Value: 114000
County: WHATCOM
Elev: 60
Region: West
Lat: 48.688388
Long: -122.195883