Real Estate Appreciation for Saginaw Saginaw Township North, Michigan: + 5.27%
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 + 5.27% (+ 1.32% yearly) between 2003 and the end of 2006.
The state of MI had + 10.35% total appreciation (+ 2.59% 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 + 96.50% 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% |
| 2005 | 1 | 164.45 | + 1.76% | + 7.05% |
| 2005 | 2 | 162.73 | - 1.05% | - 4.18% |
| 2005 | 3 | 164.31 | + 0.97% | + 3.88% |
| 2005 | 4 | 164.86 | + 0.33% | + 1.34% |
| 2006 | 1 | 164.77 | - 0.05% | - 0.22% |
| 2006 | 2 | 161.22 | - 2.15% | - 8.62% |
| 2006 | 3 | 161.51 | + 0.18% | + 0.72% |
| 2006 | 4 | 159.08 | - 1.50% | - 6.02% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Saginaw, Michigan click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Saginaw Saginaw Township North, Michigan.
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 $109,000.00 in 2003, you could multiply by + 5.27%, add the gain and see the home should be worth $114,741.40 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Saginaw-Saginaw-Township-North-MI from 2003 to 2006:
+ 1.32%
Appreciation Comparisons
The worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 2.97% between 2003 and 2006
- Anderson-IN only increased + 3.19% between 2003 and 2006
- Lafayette-IN only increased + 5.02% between 2003 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
- Muncie-IN only increased + 6.15% between 2003 and 2006
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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