Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Billings, Montana MSA appreciation it was + 99.20% (+ 7.63% yearly) from 1994 to 2006.

During the same time period, MT had +126.15% (+ 9.70% yearly). From 1994 to 2006, Montana outperformed the individual Billings, Montana MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Billings-MT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


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

Lets look at Edgar, 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 Edgar, Montana check out Spec-Loan.com

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

If you knew your Edgar, Montana home was worth $100,000.00 in 1994, you could multiply by + 99.20%, add the gain and see the home should be worth $199,197.33 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 1994 to 2006:
+ 7.63%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 2006 were Rochester-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, Lafayette-IN, and Fort-Wayne-IN .

  1. Rochester-NY only increased + 31.76% between 1994 and 2006
  2. Buffalo-Niagara-Falls-NY only increased + 38.77% between 1994 and 2006
  3. Springfield-IL only increased + 40.34% between 1994 and 2006
  4. Lafayette-IN only increased + 41.59% between 1994 and 2006
  5. Fort-Wayne-IN only increased + 45.03% between 1994 and 2006

The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .

  1. Midland-TX lost - 29.46% from 1982 to 1994
  2. Midland-TX lost - 24.49% from 1983 thru 1995
  3. Midland-TX lost - 18.51% from 1984 thru 1996
  4. Odessa-TX lost - 15.99% from 1984 thru 1996
  5. Odessa-TX lost - 10.08% from 1985 thru 1997

Zip Code in MSA: 59026 - EDGAR, MT

MSA Pop: 142961
Zip Pop: 193
Avg Value: 77200
County: CARBON
Elev: 5553
Region: West
Lat: 45.50649
Long: -109.008475