Real Estate Appreciation for Saginaw Saginaw Township North, Michigan: + 17.76%
Appreciation for MSAs:.
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 Saginaw Saginaw Township North, Michigan MSA appreciated + 17.76% (+ 4.44% yearly) for the period between 1999 and the end of 2002.
The state had + 23.61% total appreciation (+ 5.90% yearly).
The state average for Michigan was higher than the real estate appreciation in the Saginaw Saginaw Township North, Michigan MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 32.94% faster than this MSA.
Saginaw-Saginaw-Township-North-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 130.21 | + 1.69% | + 6.75% |
| 1999 | 3 | 129.29 | - 0.71% | - 2.83% |
| 1999 | 4 | 132.82 | + 2.73% | + 10.92% |
| 2000 | 1 | 133.03 | + 0.16% | + 0.63% |
| 2000 | 2 | 134.37 | + 1.01% | + 4.03% |
| 2000 | 3 | 137.03 | + 1.98% | + 7.92% |
| 2000 | 4 | 138.68 | + 1.20% | + 4.82% |
| 2001 | 1 | 141.04 | + 1.70% | + 6.81% |
| 2001 | 2 | 142.48 | + 1.02% | + 4.08% |
| 2001 | 3 | 144.52 | + 1.43% | + 5.73% |
| 2001 | 4 | 146.08 | + 1.08% | + 4.32% |
| 2002 | 1 | 146.45 | + 0.25% | + 1.01% |
| 2002 | 2 | 148.38 | + 1.32% | + 5.27% |
| 2002 | 3 | 149.41 | + 0.69% | + 2.78% |
| 2002 | 4 | 150.79 | + 0.92% | + 3.69% |
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 Saginaw, Michigan Refinance, or Saginaw, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Saginaw, Michigan home was worth $101,000.00 in 1999, you could multiply by + 17.76%, add the gain and see the home should be worth $118,936.27 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Saginaw-Saginaw-Township-North-MI from 1999 to 2002:
+ 4.44%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .
- Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
- Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
- Midland-TX only increased + 6.09% between 1999 and 2002
- Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
- Lawton-OK only increased + 6.71% between 1999 and 2002
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 48601 - SAGINAW, MI
MSA Pop: 209327Zip Pop: 47826
Avg Value: 39300
County: SAGINAW
Elev: 610
Region: Midwest
Lat: 43.408921
Long: -83.90415