Real Estate Appreciation for Saginaw Saginaw Township North, Michigan: + 20.71%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Saginaw Saginaw Township North, Michigan did compared to the state as a whole.
The Saginaw Saginaw Township North, Michigan MSA property value change was + 20.71% (+ 6.90% yearly).
All of the property in MI averaged + 22.51% change in value (+ 7.50% yearly).
Saginaw-Saginaw-Township-North-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.74 | + 2.74% | + 10.96% |
| 1995 | 3 | 104.53 | + 1.74% | + 6.97% |
| 1995 | 4 | 105.93 | + 1.34% | + 5.36% |
| 1996 | 1 | 107.9 | + 1.86% | + 7.44% |
| 1996 | 2 | 110.36 | + 2.28% | + 9.12% |
| 1996 | 3 | 111.86 | + 1.36% | + 5.44% |
| 1996 | 4 | 112.43 | + 0.51% | + 2.04% |
| 1997 | 1 | 113.16 | + 0.65% | + 2.60% |
| 1997 | 2 | 115.22 | + 1.82% | + 7.28% |
| 1997 | 3 | 118.79 | + 3.10% | + 12.39% |
| 1997 | 4 | 120.71 | + 1.62% | + 6.47% |
There are a lot of ways to use the appreciation data for Saginaw Saginaw Township North, Michigan .
Lets look at Burt, Michigan, a city located in Saginaw Saginaw Township North, Michigan 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 Burt, Michigan check out Spec-Loan.com
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 $92,000.00 in 1995, you could multiply by + 20.71%, add the gain and see the home should be worth $111,053.20 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Saginaw-Saginaw-Township-North-MI from 1995 to 1997:
+ 6.90%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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