Real Estate Appreciation for Chico, California: - 2.26%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Chico, California MSA appreciated - 2.26% (- 1.13% yearly) between 1993 and the end of 1994.
The state of CA had - 8.36% total appreciation (- 4.18% yearly).
The Chico, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 72.92% faster than the state as a whole.
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 101.69 | - 0.34% | - 1.37% |
| 1993 | 3 | 101.63 | - 0.06% | - 0.24% |
| 1993 | 4 | 102.48 | + 0.84% | + 3.35% |
| 1994 | 1 | 102.85 | + 0.36% | + 1.44% |
| 1994 | 2 | 101.86 | - 0.96% | - 3.85% |
| 1994 | 3 | 100.91 | - 0.93% | - 3.73% |
| 1994 | 4 | 99.73 | - 1.17% | - 4.68% |
Lets look at Bangor, California, a city located in Chico, California MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Bangor, California Refinance, or Bangor, California Reverse Mortgages, you could estimate your home value.
If you knew your Bangor, California home was worth $87,000.00 in 1993, you could multiply by - 2.26%, add the gain and see the home should be worth $85,030.48 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 1993 to 1994:
- 1.13%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 95914 - BANGOR, CA
MSA Pop: 211010Zip Pop: 610
Avg Value: 130500
County: BUTTE
Elev: 174
Region: West
Lat: 39.407258
Long: -121.389825