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 + 32.84% (+ 16.42% yearly) between 2003 and the end of 2004.

The state of WA had + 16.62% total appreciation (+ 8.31% yearly). The Bellingham, Washington MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 97.58% faster than the state as a whole.

Bellingham-WA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 132.29 + 2.04% + 8.15%
2003 3 136.43 + 3.13% + 12.52%
2003 4 143.17 + 4.94% + 19.76%
2004 1 147.87 + 3.28% + 13.13%
2004 2 154.44 + 4.44% + 17.77%
2004 3 164.01 + 6.20% + 24.79%
2004 4 172.23 + 5.01% + 20.05%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bellingham-WA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Washington, you can do some research at 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 $107,000.00 in 2003, you could multiply by + 32.84%, add the gain and see the home should be worth $142,141.23 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bellingham-WA from 2003 to 2004:
+ 16.42%

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 .

  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

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

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