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 + 53.68% (+ 5.37% yearly) between 1993 and the end of 2002.

The state of MT had + 66.57% total appreciation (+ 6.66% 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 + 24.02% faster than this MSA.

Billings-MT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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

If you knew your Broadview, Montana home was worth $95,000.00 in 1993, you could multiply by + 53.68%, add the gain and see the home should be worth $145,995.95 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1993 to 2002:
+ 5.37%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2002 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and San-Jose-Sunnyvale-Santa-Clara-CA .

  1. Boulder-CO increased +120.35% from 1993 to the end of 2002
  2. Barnstable-Town-MA increased +118.49% from 1993 to the end of 2002
  3. Denver-Aurora-CO increased +117.89% from 1993 to the end of 2002
  4. Fort-Collins-Loveland-CO increased +112.44% from 1993 to the end of 2002
  5. San-Jose-Sunnyvale-Santa-Clara-CA increased +107.94% from 1993 to the end of 2002

For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .

  1. Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
  2. New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
  3. Salinas-CA increased +251.06% from 1996 thru 2005
  4. Salinas-CA increased +247.53% from 1997 thru 2006
  5. Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006

Zip Code in MSA: 59015 - BROADVIEW, MT

MSA Pop: 142961
Zip Pop: 488
Avg Value: 75400
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 46.198848
Long: -108.916613