Real Estate Appreciation for Bellingham, Washington: + 71.93%
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 + 71.93% (+ 17.98% yearly) between 2003 and the end of 2006.
The state of WA had + 54.23% total appreciation (+ 13.56% yearly).
The Bellingham, Washington MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 32.65% faster than the state as a whole.
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 177.16 | + 2.86% | + 11.45% |
| 2005 | 2 | 188.53 | + 6.42% | + 25.67% |
| 2005 | 3 | 197.27 | + 4.64% | + 18.54% |
| 2005 | 4 | 207.04 | + 4.95% | + 19.81% |
| 2006 | 1 | 209.63 | + 1.25% | + 5.00% |
| 2006 | 2 | 217.33 | + 3.67% | + 14.69% |
| 2006 | 3 | 222.99 | + 2.60% | + 10.42% |
| 2006 | 4 | 222.91 | - 0.04% | - 0.14% |
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 $109,000.00 in 2003, you could multiply by + 71.93%, add the gain and see the home should be worth $187,406.02 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 2003 to 2006:
+ 17.98%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 2006
Zip Code in MSA: 98225 - BELLINGHAM, WA
MSA Pop: 176571Zip Pop: 42414
Avg Value: 140500
County: WHATCOM
Elev: 60
Region: West
Lat: 48.746963
Long: -122.49594