Real Estate Appreciation for Billings, Montana: + 7.96%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Billings, Montana: + 7.96%
- State of MT: + 9.09%
- Difference: - 12.41%
Billings-MT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 105.08 | - 0.80% | - 3.21% |
| 1996 | 3 | 107.29 | + 2.10% | + 8.41% |
| 1996 | 4 | 110.27 | + 2.78% | + 11.11% |
| 1997 | 1 | 109.72 | - 0.50% | - 2.00% |
| 1997 | 2 | 109.27 | - 0.41% | - 1.64% |
| 1997 | 3 | 110.01 | + 0.68% | + 2.71% |
| 1997 | 4 | 111.53 | + 1.38% | + 5.53% |
| 1998 | 1 | 112.76 | + 1.10% | + 4.41% |
| 1998 | 2 | 112.42 | - 0.30% | - 1.21% |
| 1998 | 3 | 113.54 | + 1.00% | + 3.99% |
| 1998 | 4 | 114.36 | + 0.72% | + 2.89% |
There are a lot of ways to use the appreciation data for Billings, Montana .
Lets look at Acton, 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 Acton, Montana check out 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 $94,000.00 in 1996, you could multiply by + 7.96%, add the gain and see the home should be worth $101,480.60 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Billings-MT from 1996 to 1998:
+ 2.65%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
Zip Code in MSA: 59002 - ACTON, MT
MSA Pop: 142961Zip Pop: 63
Avg Value: 71300
County: YELLOWSTONE
Elev: 3119
Region: West
Lat: 45.92648
Long: -108.693749