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 + 37.88% (+ 18.94% yearly) between 2003 and the end of 2004.

The state of CA had + 39.63% total appreciation (+ 19.82% yearly). The state average for California was higher than the real estate appreciation in the Chico, California MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 4.63% faster than this MSA.

Chico-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 167.82 + 3.45% + 13.78%
2003 3 175.51 + 4.58% + 18.33%
2003 4 187.07 + 6.59% + 26.35%
2004 1 190.49 + 1.83% + 7.31%
2004 2 199.13 + 4.54% + 18.14%
2004 3 215.94 + 8.44% + 33.77%
2004 4 223.68 + 3.58% + 14.34%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $107,000.00 in 2003, you could multiply by + 37.88%, add the gain and see the home should be worth $147,529.80 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chico-CA from 2003 to 2004:
+ 18.94%

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

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

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