Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Chico, California MSA appreciation it was + 21.55% (+ 10.78% yearly) from 2000 to 2001.

During the same time period, CA had + 21.28% (+ 10.64% yearly). You can see that the Chico, California MSA experienced higher appreciation in this case.

Chico-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 114.63 + 2.72% + 10.86%
2000 3 118.47 + 3.35% + 13.40%
2000 4 121.45 + 2.52% + 10.06%
2001 1 124.27 + 2.32% + 9.29%
2001 2 130.13 + 4.72% + 18.86%
2001 3 133.79 + 2.81% + 11.25%
2001 4 135.65 + 1.39% + 5.56%


There are a lot of ways to use the appreciation data for Chico, California .

Lets look at Bangor, California, a city located in Chico, California 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 Bangor, California 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 $101,000.00 in 2000, you could multiply by + 21.55%, add the gain and see the home should be worth $122,765.68 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chico-CA from 2000 to 2001:
+ 10.78%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2000 to 2001 were Wenatchee-WA, Odessa-TX, Jackson-TN, Springfield-IL, and Albany-GA .

  1. Wenatchee-WA only increased + 1.89% between 2000 and 2001
  2. Odessa-TX only increased + 3.25% between 2000 and 2001
  3. Jackson-TN only increased + 4.84% between 2000 and 2001
  4. Springfield-IL only increased + 4.92% between 2000 and 2001
  5. Albany-GA only increased + 4.97% between 2000 and 2001

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