Real Estate Appreciation for Saginaw Saginaw Township North, Michigan: + 6.93%
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 + 6.93% (+ 3.47% yearly) between 2003 and the end of 2004.
The state of MI had + 7.77% total appreciation (+ 3.88% 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 + 12.01% faster than this MSA.
Saginaw-Saginaw-Township-North-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 152.89 | + 1.17% | + 4.69% |
| 2003 | 3 | 154.6 | + 1.12% | + 4.47% |
| 2003 | 4 | 158.29 | + 2.39% | + 9.55% |
| 2004 | 1 | 157.78 | - 0.32% | - 1.29% |
| 2004 | 2 | 158.23 | + 0.29% | + 1.14% |
| 2004 | 3 | 159.08 | + 0.54% | + 2.15% |
| 2004 | 4 | 161.6 | + 1.58% | + 6.34% |
There are a lot of ways to use the appreciation data for Saginaw Saginaw Township North, Michigan .
Lets look at Birch Run, 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 Birch Run, Michigan check out Spec-Loan.com
If you were going to do a Birch Run, Michigan Refinance, or Birch Run, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Birch Run, Michigan home was worth $107,000.00 in 2003, you could multiply by + 6.93%, add the gain and see the home should be worth $114,420.33 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Saginaw-Saginaw-Township-North-MI from 2003 to 2004:
+ 3.47%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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 .
- Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
- Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
- Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
- Madera-CA increased + 48.31% from 2003 to the end of 2004
- Fresno-CA increased + 47.99% from 2003 to the end of 2004
Zip Code in MSA: 48415 - BIRCH RUN, MI
MSA Pop: 209327Zip Pop: 9599
Avg Value: 100200
County: SAGINAW
Elev: 610
Region: Midwest
Lat: 43.268323
Long: -83.796057