Appreciation for MSAs:.

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

If we analyze Chico, California MSA appreciation it was - 0.89% (- 0.45% yearly) from 1994 to 1995.

During the same time period, CA had - 4.06% (- 2.03% yearly). You can see that the Chico, California MSA experienced higher appreciation in this case.

Chico-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 101.86 - 0.96% - 3.85%
1994 3 100.91 - 0.93% - 3.73%
1994 4 99.73 - 1.17% - 4.68%
1995 1 100 + 0.27% + 1.08%
1995 2 102.04 + 2.04% + 8.16%
1995 3 102.35 + 0.30% + 1.22%
1995 4 101.93 - 0.41% - 1.64%


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 $89,000.00 in 1994, you could multiply by - 0.89%, add the gain and see the home should be worth $88,203.89 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chico-CA from 1994 to 1995:
- 0.45%

Appreciation Comparisons

The worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .

  1. Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
  2. Binghamton-NY decreased by - 8.46% between 1994 and 1995
  3. Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
  4. Kingston-NY decreased by - 7.85% between 1994 and 1995
  5. Ithaca-NY decreased by - 7.18% between 1994 and 1995

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 .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 95914 - BANGOR, CA

MSA Pop: 211010
Zip Pop: 610
Avg Value: 130500
County: BUTTE
Elev: 174
Region: West
Lat: 39.407258
Long: -121.389825