Real Estate Appreciation for Muskegon North Shores, Michigan: + 12.81%
Appreciation for MSAs:.
Let's start by comparing Muskegon North Shores, Michigan to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 12.81% (+ 2.56% yearly) for the Muskegon North Shores, Michigan MSA.
The entire state of MI had + 14.22% appreciation (+ 2.84% yearly).
The state average for Michigan was higher than the real estate appreciation in the Muskegon North Shores, Michigan MSA. This means the conditions in the MSA for real estate investment were worse by + 11.02%.
Muskegon-North-Shores-MI
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
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 Holton, Michigan Refinance, or Holton, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Holton, Michigan home was worth $108,000.00 in 2002, you could multiply by + 12.81%, add the gain and see the home should be worth $121,833.53 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Muskegon-North-Shores-MI from 2002 to 2006:
+ 2.56%
Appreciation Comparisons
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 49425 - HOLTON, MI
MSA Pop: 173090Zip Pop: 3705
Avg Value: 78800
County: MUSKEGON
Elev: 592
Region: Midwest
Lat: 43.428184
Long: -86.104223