__________________________________________
Grand Rapids, MI - Home Price Appreciation Rate - 29 Year Graph
Annual appreciation rates for Grand Rapids-Wyoming, MI single family home prices are shown in the
graph above. Source: House Price Index (HPI). Updated Thursday, July 22, 2010. Click the link below
for the Michigan Real Estate Forecast.
Grand Rapids Home Prices - Appreciation Rate
8%
10%
12%
6%
4%
14%
16%
18%
-8%
-6%
-4%
-2%
0%
2%
-10%
1/1980          1/1985           1/1990           1/1995          1/2000           1/2005          1/2010
Commentary  7529
1st Quarter, 2011 Data: Grand Rapids, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Grand Rapids Home Prices relative to 380 other
metropolitan areas is detailed below. Each metropolitan area contains one or
more cities. Five different time periods are reviewed.  Each paragraph identifies
the top and bottom performing markets as well as the average and median
performance for all cities during each time period. The data and analysis on this
page pertains to Grand Rapids-Wyoming, MI, hereinafter referred to as "Grand
Rapids".

Last Quarter:
During the 1st Quarter of 2011, Grand Rapids Home Prices had a rank of 318,
with appreciation of -4.07%. The top performing real estate market during the
1st Quarter was Mansfield, OH, with appreciation of 2.31%. The worst market
during that period was Boise City, ID, with appreciation of -8.86%.
The median appreciation for all cities during the 1st Quarter was -2.24%. The
average appreciation for all markets during the quarter was -2.29%.

Last Year:
During the last 12 months, Grand Rapids Home Prices had a rank of 279, with
appreciation during the year of -4.28%. The top performing market during the
last year was Midland, TX, with appreciation of 4.5%. The worst real estate
market during that period was Boise City, ID, with appreciation of -15.2%.
The median appreciation for all markets during this period was -2.13%. The
average appreciation was -2.64%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2011, Grand Rapids Home
Prices ranked 303, with a total appreciation of -18.3%. The top performing real
estate market during the 5 year period was Midland, TX, with appreciation of
42%. The worst market during that period was Merced, CA, with appreciation of
-62%.
The median appreciation for all cities during this time period was -2%. The
average appreciation over the 5 years was -7%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2011, Grand Rapids Home
Prices had a rank of 368, with appreciation during the decade of -4%. The top
performing market during the period was Midland, TX, with appreciation of 94%.
The worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -26%.
The median appreciation for all markets during the last 10 years was 30%. The
average appreciation for the cities over that time frame was 31%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2011, Grand Rapids Home
Prices had a rank of 315, with total appreciation over the 20 year period of
56%. The top performing real estate market during the period was Casper, WY,
with appreciation of 244%. The worst market during the last 20 years was
Merced, CA, with appreciation of 14%.
The median appreciation for all cities during the last 20 years was 90%. The
average appreciation for the markets over that time frame was 94%.

Historical research data on the Home Price Index for the Grand Rapids Real
Estate Market is available back to the 2nd Quarter, of 1979. The chart has
been updated through the 1st Quarter of 2011. All calculations are based on
the quarterly value of the House Price Index for Grand Rapids. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)






Commentary  6767
4th Quarter, 2010 Data: Grand Rapids, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Grand Rapids Home Prices relative to 380 other
metropolitan areas is detailed below. Each metropolitan area contains one or
more cities. Five different time periods are reviewed.  Each paragraph identifies
the top and bottom performing markets as well as the average and median
performance for all cities during each time period. The data and analysis on this
page pertains to Grand Rapids-Wyoming, MI, hereinafter referred to as "Grand
Rapids".

Last Quarter:
During the 4th Quarter of 2010, Grand Rapids Home Prices had a rank of 170,
with appreciation of -0.56%. The top performing real estate market during the
4th Quarter was Cape Coral, FL, with appreciation of 4.62%. The worst market
during that period was Sebastian, FL, with appreciation of -6.82%.
The median appreciation for all cities during the 4th Quarter was -0.68%. The
average appreciation for all markets during the quarter was -0.69%.

Last Year:
During the last 12 months, Grand Rapids Home Prices had a rank of 149, with
appreciation during the year of -0.52%. The top performing market during the
last year was Bay City, MI, with appreciation of 6.1%. The worst real estate
market during that period was Reno, NV, with appreciation of -10.3%.
The median appreciation for all markets during this period was -1.13%. The
average appreciation was -1.71%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2010, Grand Rapids Home
Prices ranked 305, with a total appreciation of -15.4%. The top performing real
estate market during the 5 year period was Midland, TX, with appreciation of
44%. The worst market during that period was Merced, CA, with appreciation of
-60%.
The median appreciation for all cities during this time period was 1%. The
average appreciation over the 5 years was -4%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2010, Grand Rapids Home
Prices had a rank of 367, with appreciation during the decade of 2%. The top
performing market during the period was Honolulu, HI, with appreciation of
100%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -22%.
The median appreciation for all markets during the last 10 years was 37%. The
average appreciation for the cities over that time frame was 38%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2010, Grand Rapids Home
Prices had a rank of 305, with total appreciation over the 20 year period of
65%. The top performing real estate market during the period was Casper, WY,
with appreciation of 245%. The worst market during the last 20 years was
Merced, CA, with appreciation of 14%.
The median appreciation for all cities during the last 20 years was 97%. The
average appreciation for the markets over that time frame was 101%.

Historical research data on the Home Price Index for the Grand Rapids Real
Estate Market is available back to the 2nd Quarter, of 1979. The chart has
been updated through the 4th Quarter of 2010. All calculations are based on
the quarterly value of the House Price Index for Grand Rapids. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)






Commentary  4481
1st Quarter, 2010 Data: Grand Rapids, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Grand Rapids Home Prices relative to 380 other
metropolitan areas is detailed below. Each metropolitan area contains one or
more cities. Five different time periods are reviewed.  Each paragraph identifies
the top and bottom performing markets as well as the average and median
performance for all cities during each time period. The data and analysis on this
page pertains to Grand Rapids-Wyoming, MI, hereinafter referred to as "Grand
Rapids".

Last Quarter:
During the 1st Quarter of 2010, Grand Rapids Home Prices had a rank of 54,
with appreciation of -0.17%. The top performing real estate market during the
1st Quarter was Punta Gorda, FL, with appreciation of 2.90%. The worst market
during that period was Gainesville, GA, with appreciation of -7.15%.
The median appreciation for all cities during the 1st Quarter was -1.32%. The
average appreciation for all markets during the quarter was -1.49%.

Last Year:
During the last 12 months, Grand Rapids Home Prices had a rank of 278, with
appreciation during the year of -7.96%. The top performing market during the
last year was Pine Bluff, AR, with appreciation of 2.5%. The worst real estate
market during that period was Bend, OR, with appreciation of -23.0%.
The median appreciation for all markets during this period was -5.11%. The
average appreciation was -5.97%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2010, Grand Rapids Home
Prices ranked 328, with a total appreciation of -13.1%. The top performing real
estate market during the 5 year period was Midland, TX, with appreciation of
57%. The worst market during that period was Merced, CA, with appreciation of
-49%.
The median appreciation for all cities during this time period was 8%. The
average appreciation over the 5 years was 5%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2010, Grand Rapids Home
Prices had a rank of 368, with appreciation during the decade of 8%. The top
performing market during the period was Ocean City, NJ, with appreciation of
111%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -17%.
The median appreciation for all markets during the last 10 years was 44%. The
average appreciation for the cities over that time frame was 45%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2010, Grand Rapids Home
Prices had a rank of 302, with total appreciation over the 20 year period of
70%. The top performing real estate market during the period was Missoula,
MT, with appreciation of 269%. The worst market during the last 20 years was
Modesto, CA, with appreciation of 28%.
The median appreciation for all cities during the last 20 years was 100%. The
average appreciation for the markets over that time frame was 107%.

Historical research data on the Home Price Index for the Grand Rapids Real
Estate Market is available back to the 2nd Quarter, of 1979. The chart has
been updated through the 1st Quarter of 2010. All calculations are based on
the quarterly value of the House Price Index for Grand Rapids. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)






Commentary  2957
3rd Quarter, 2009 Data: Grand Rapids, Michigan

The appreciation of Grand Rapids Home Prices relative to 380 other
metropolitan areas is detailed below. Each metropolitan area contains one or
more cities. Five different time periods are reviewed.  Each paragraph identifies
the top and bottom performers as well as the average and median performance
for all cities during each time period. The following data and analysis pertain to
Grand Rapids-Wyoming, MI, hereinafter referred to as "Grand Rapids".

Last Quarter:
During the 3rd Quarter of 2009, Grand Rapids Home Prices had a rank of 298,
with appreciation of -3.00%. The top performer during the 3rd Quarter was
Hinesville, GA, with appreciation of 7.17%. The worst performer during that
period was Las Vegas, NV, with appreciation of -8.45%.
The median appreciation for all cities during the 3rd Quarter was -1.60%. The
average appreciation for all cities during the quarter was -1.74%.

Last Year:
During the last 12 months, Grand Rapids Home Prices had a rank of 268, with
appreciation during the year of -5.11%. The top performer during the last year
was Wichita Falls, TX, with appreciation of 6.0%. The worst performer during
that period was El Centro, CA, with appreciation of -24.5%.
The median appreciation for all cities during this period was -1.89%. The
average appreciation was -3.28%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2009, Grand Rapids Home
Prices ranked 343, with a total appreciation of -10.2%. The top performer
during the 5 year period was Midland, TX, with appreciation of 72%. The worst
performer during that period was Merced, CA, with appreciation of -46%.
The median appreciation for all cities during this time period was 13%. The
average appreciation over the 5 years was 12%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2009, Grand Rapids Home
Prices had a rank of 372, with appreciation during the decade of 12%. The top
performer during the period was Ocean City, NJ, with appreciation of 135%. The
worst performer during the 10 year time period was Detroit, MI, with
appreciation of -10%.
The median appreciation for all cities during the last 10 years was 51%. The
average appreciation for the cities over that time frame was 52%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2009, Grand Rapids Home
Prices had a rank of 299, with total appreciation over the 20 year period of
75%. The top performer during the period was Missoula, MT, with appreciation
of 290%. The worst performer during the last 20 years was Merced, CA, with
appreciation of 39%.
The median appreciation for all cities during the last 20 years was 108%. The
average appreciation for the cities over that time frame was 116%.

Historical data on the Grand Rapids Home Price Index is available back to the
2nd Quarter, of 1979. The chart has been updated through the 3rd Quarter of
2009. All calculations are based on the quarterly value of the House Price Index
for Grand Rapids. Real estate appreciation figures represent total appreciation
over each time period. (Unless specifically stated, the appreciation figures do
not represent annual or quarterly rates of appreciation.)






Commentary  1814
2nd Quarter, 2009 Data: Grand Rapids, Michigan

The appreciation of Grand Rapids Home Prices relative to 380 other
metropolitan areas is detailed below. Each metropolitan area contains one or
more cities. Five different time periods are reviewed.  Each paragraph identifies
the top and bottom performers as well as the average and median performance
for all cities during each time period. The following data and analysis pertain to
Grand Rapids-Wyoming, MI, hereinafter referred to as "Grand Rapids".

Last Quarter:
During the 2nd Quarter of 2009, Grand Rapids Home Prices had a rank of 347,
with appreciation of -4.73%. The top performer during the 2nd Quarter was
Pine Bluff, AR, with appreciation of 3.15%. The worst performer during that
period was Madera, CA, with appreciation of -10.24%.
The median appreciation for all cities during the 2nd Quarter was -1.74%. The
average appreciation for all cities during the quarter was -2.05%.

Last Year:
During the last 12 months, Grand Rapids Home Prices had a rank of 276, with
appreciation during the year of -5.74%. The top performer during the last year
was Elmira, NY, with appreciation of 4.5%. The worst performer during that
period was Merced, CA, with appreciation of -27.1%.
The median appreciation for all cities during this period was -1.83%. The
average appreciation was -3.91%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2009, Grand Rapids Home
Prices ranked 356, with a total appreciation of -6.4%. The top performer during
the 5 year period was Odessa, TX, with appreciation of 74%. The worst
performer during that period was Merced, CA, with appreciation of -36%.
The median appreciation for all cities during this time period was 17%. The
average appreciation over the 5 years was 17%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2009, Grand Rapids Home
Prices had a rank of 367, with appreciation during the decade of 17%. The top
performer during the period was Ocean City, NJ, with appreciation of 146%. The
worst performer during the 10 year time period was Detroit, MI, with
appreciation of -2%.
The median appreciation for all cities during the last 10 years was 54%. The
average appreciation for the cities over that time frame was 57%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2009, Grand Rapids Home
Prices had a rank of 288, with total appreciation over the 20 year period of
82%. The top performer during the period was Missoula, MT, with appreciation
of 296%. The worst performer during the last 20 years was Rochester, NY, with
appreciation of 47%.
The median appreciation for all cities during the last 20 years was 115%. The
average appreciation for the cities over that time frame was 126%.

Historical data on the Grand Rapids Home Price Index is available back to the
2nd Quarter, of 1979. The chart has been updated through the 2nd Quarter of
2009. All calculations are based on the quarterly value of the House Price Index
for Grand Rapids. Real estate appreciation figures represent total appreciation
over each time period. (Unless specifically stated, the appreciation figures do
not represent annual or quarterly rates of appreciation.)






Commentary  671
1st Quarter, 2009 Data: Grand Rapids, Michigan

The appreciation of Grand Rapids Home Prices relative to 380 other
metropolitan areas is detailed below. Each metropolitan area contains one or
more cities. Five different time periods are reviewed.  Each paragraph identifies
the top and bottom performers as well as the average and median performance
for all cities during each time period. The following data and analysis pertain to
Grand Rapids-Wyoming, MI, hereinafter referred to as "Grand Rapids".

Last Quarter:
During the 1st Quarter of 2009, Grand Rapids Home Prices had a rank of 104,
with appreciation of 1.31%. The top performer during the 1st Quarter was
Monroe, MI, with appreciation of 10.96%. The worst performer during that
period was Port St. Lucie, FL, with appreciation of -6.30%.
The median appreciation for all cities during the 1st Quarter was 0.27%. The
average appreciation for all cities during the quarter was 0.41%.

Last Year:
During the last 12 months, Grand Rapids Home Prices had a rank of 264, with
appreciation during the year of -3.96%. The top performer during the last year
was Elmira, NY, with appreciation of 9.3%. The worst performer during that
period was Merced, CA, with appreciation of -37.8%.
The median appreciation for all cities during this period was -1.04%. The
average appreciation was -3.47%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2009, Grand Rapids Home
Prices ranked 357, with a total appreciation of -0.4%. The top performer during
the 5 year period was Odessa, TX, with appreciation of 76%. The worst
performer during that period was Merced, CA, with appreciation of -29%.
The median appreciation for all cities during this time period was 22%. The
average appreciation over the 5 years was 23%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2009, Grand Rapids Home
Prices had a rank of 360, with appreciation during the decade of 25%. The top
performer during the period was Ocean City, NJ, with appreciation of 162%. The
worst performer during the 10 year time period was Detroit, MI, with
appreciation of 6%.
The median appreciation for all cities during the last 10 years was 57%. The
average appreciation for the cities over that time frame was 62%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2009, Grand Rapids Home
Prices had a rank of 259, with total appreciation over the 20 year period of
97%. The top performer during the period was Casper, WY, with appreciation of
327%. The worst performer during the last 20 years was Rochester, NY, with
appreciation of 49%.
The median appreciation for all cities during the last 20 years was 123%. The
average appreciation for the cities over that time frame was 135%.

Historical data on the Grand Rapids Home Price Index is available back to the
3rd Quarter, of 1979. The chart has been updated through the 1st Quarter of
2009. All calculations are based on the quarterly value of the House Price Index
for Grand Rapids. Real estate appreciation figures represent total appreciation
over each time period. (Unless specifically stated, the appreciation figures do
not represent annual or quarterly rates of appreciation.)








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