Real Estate Appreciation for Chico, California: + 27.31%

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Chico, California MSA appreciated + 27.31% (+ 13.66% yearly) for the period between 2001 and the end of 2002.

The state had + 20.84% total appreciation (+ 10.42% yearly). The Chico, California MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Chico-CA

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
2001	2	130.13	+ 4.72%	+ 18.86%
2001	3	133.79	+ 2.81%	+ 11.25%
2001	4	135.65	+ 1.39%	+ 5.56%
2002	1	138.52	+ 2.12%	+ 8.46%
2002	2	145.98	+ 5.39%	+ 21.54%
2002	3	153.16	+ 4.92%	+ 19.67%
2002	4	158.21	+ 3.30%	+ 13.19%

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 $103,000.00 in 2001, you could multiply by + 27.31%, add the gain and see the home should be worth $131,130.84 in 2002. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Chico-CA from 2001 to 2002:
+ 13.66%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

1. Lafayette-LA lost - 25.36% from 1986 thru 1987
2. 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