Real Estate Appreciation for Bellingham, Washington: + 16.64%
Appreciation for MSAs:.
Let's start by comparing Bellingham, Washington to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 16.64% (+ 8.32% yearly) for the Bellingham, Washington MSA.
The entire state of WA had + 9.03% appreciation (+ 4.52% yearly).
The Bellingham, Washington MSA beat out the state. by + 84.31% appreciation.
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 123.15 | + 0.33% | + 1.34% |
| 2002 | 3 | 126.27 | + 2.53% | + 10.13% |
| 2002 | 4 | 127.16 | + 0.70% | + 2.82% |
| 2003 | 1 | 129.65 | + 1.96% | + 7.83% |
| 2003 | 2 | 132.29 | + 2.04% | + 8.15% |
| 2003 | 3 | 136.43 | + 3.13% | + 12.52% |
| 2003 | 4 | 143.17 | + 4.94% | + 19.76% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Acme, Washington click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Bellingham, Washington.
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 $105,000.00 in 2002, you could multiply by + 16.64%, add the gain and see the home should be worth $122,477.19 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 2002 to 2003:
+ 8.32%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .
- Fresno-CA increased + 36.89% from 2002 to the end of 2003
- Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
- Chico-CA increased + 35.05% from 2002 to the end of 2003
- Madera-CA increased + 34.32% from 2002 to the end of 2003
- Redding-CA increased + 34.01% from 2002 to the end of 2003
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