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 + 44.29% (+ 4.92% yearly) between 1993 and the end of 2001.

The state of MT had + 56.61% total appreciation (+ 6.29% 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 + 27.80% faster than this MSA.

Billings-MT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Billings, Montana .

Lets look at Bridger, Montana, a city located in Billings, Montana 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 Bridger, Montana check out Spec-Loan.com

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

If you knew your Bridger, Montana home was worth $94,000.00 in 1993, you could multiply by + 44.29%, add the gain and see the home should be worth $135,636.73 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1993 to 2001:
+ 4.92%

Appreciation Comparisons

The worst 5 MSAs from 1993 to 2001 were Honolulu-HI, Binghamton-NY, Glens-Falls-NY, Utica-Rome-NY, and Albany-Schenectady-Troy-NY .

  1. Honolulu-HI decreased by - 5.78% between 1993 and 2001
  2. Binghamton-NY only increased + 5.82% between 1993 and 2001
  3. Glens-Falls-NY only increased + 6.79% between 1993 and 2001
  4. Utica-Rome-NY only increased + 7.04% between 1993 and 2001
  5. Albany-Schenectady-Troy-NY only increased + 7.30% between 1993 and 2001

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 59014 - BRIDGER, MT

MSA Pop: 142961
Zip Pop: 1474
Avg Value: 91100
County: CARBON
Elev: 5553
Region: West
Lat: 45.295211
Long: -108.913753