Real Estate Appreciation for Saginaw Saginaw Township North, Michigan: + 15.53%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Saginaw Saginaw Township North, Michigan MSA appreciated + 15.53% (+ 5.18% yearly) between 1993 and the end of 1995.
The state of MI had + 16.83% total appreciation (+ 5.61% yearly).
The state average for Michigan was higher than the real estate appreciation in the Saginaw Saginaw Township North, Michigan MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 8.39% faster than this MSA.
Saginaw-Saginaw-Township-North-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 92.58 | + 0.97% | + 3.88% |
| 1993 | 3 | 93.71 | + 1.22% | + 4.88% |
| 1993 | 4 | 95.59 | + 2.01% | + 8.02% |
| 1994 | 1 | 95.8 | + 0.22% | + 0.88% |
| 1994 | 2 | 98.62 | + 2.94% | + 11.77% |
| 1994 | 3 | 98.68 | + 0.06% | + 0.24% |
| 1994 | 4 | 99.3 | + 0.63% | + 2.51% |
| 1995 | 1 | 100 | + 0.70% | + 2.82% |
| 1995 | 2 | 102.74 | + 2.74% | + 10.96% |
| 1995 | 3 | 104.53 | + 1.74% | + 6.97% |
| 1995 | 4 | 105.93 | + 1.34% | + 5.36% |
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 Burt, Michigan Refinance, or Burt, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Burt, Michigan home was worth $88,000.00 in 1993, you could multiply by + 15.53%, add the gain and see the home should be worth $101,666.92 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Saginaw-Saginaw-Township-North-MI from 1993 to 1995:
+ 5.18%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 48417 - BURT, MI
MSA Pop: 209327Zip Pop: 3195
Avg Value: 87600
County: SAGINAW
Elev: 610
Region: Midwest
Lat: 43.255963
Long: -83.93402