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 + 15.88% (+ 7.94% yearly) between 2003 and the end of 2004.

The state of MT had + 19.08% total appreciation (+ 9.54% 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 + 20.16% faster than this MSA.

Billings-MT

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 141.04 + 1.87% + 7.48%
2003 3 143.92 + 2.04% + 8.17%
2003 4 148.32 + 3.06% + 12.23%
2004 1 150.56 + 1.51% + 6.04%
2004 2 153.88 + 2.21% + 8.82%
2004 3 157.69 + 2.48% + 9.90%
2004 4 160.44 + 1.74% + 6.98%


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 $107,000.00 in 2003, you could multiply by + 15.88%, add the gain and see the home should be worth $123,994.80 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Billings-MT from 2003 to 2004:
+ 7.94%

Appreciation Comparisons

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

In contrast, the worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .

  1. Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
  2. Jackson-TN only increased + 1.89% between 2003 and 2004
  3. Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
  4. Burlington-NC only increased + 2.09% between 2003 and 2004
  5. Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004

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