Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Billings, Montana MSA appreciated + 17.97% (+ 5.99% yearly) between 1993 and the end of 1995.

The state of MT had + 25.35% total appreciation (+ 8.45% yearly). The state average for Montana was higher than the real estate appreciation in the Billings, Montana MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 41.04% faster than this MSA.

Billings-MT

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 90.58 + 1.94% + 7.74%
1993 3 92.44 + 2.05% + 8.21%
1993 4 95.54 + 3.35% + 13.41%
1994 1 95.93 + 0.41% + 1.63%
1994 2 97.89 + 2.04% + 8.17%
1994 3 99.41 + 1.55% + 6.21%
1994 4 101.49 + 2.09% + 8.37%
1995 1 100 - 1.47% - 5.87%
1995 2 100.56 + 0.56% + 2.24%
1995 3 103.77 + 3.19% + 12.77%
1995 4 104.83 + 1.02% + 4.09%


If you need information on Hard Money Rehab Loans in Acton, Montana look at Spec-Loan.com

If you were going to do a Acton, Montana Refinance, or Acton, Montana Reverse Mortgages, you could estimate your home value.

If you knew your Acton, Montana home was worth $88,000.00 in 1993, you could multiply by + 17.97%, add the gain and see the home should be worth $103,815.44 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1993 to 1995:
+ 5.99%

Appreciation Comparisons

The worst 5 MSAs from 1993 to 1995 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .

  1. Riverside-San-Bernardino-Ontario-CA decreased by - 12.41% between 1993 and 1995
  2. Binghamton-NY decreased by - 10.14% between 1993 and 1995
  3. Kingston-NY decreased by - 9.24% between 1993 and 1995
  4. Utica-Rome-NY decreased by - 9.14% between 1993 and 1995
  5. Sacramento-Arden-Arcade-Roseville-CA decreased by - 7.65% between 1993 and 1995

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 59002 - ACTON, MT

MSA Pop: 142961
Zip Pop: 63
Avg Value: 71300
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 45.92648
Long: -108.693749