Flint, MI - House Price Index (HPI)
Flint Real Estate Market Forecast
The House Price Index (HPI) shows changes in Flint, MI single family home prices in logarithmic
scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis, statistics and
appreciation rates are provided below.
Flint Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  319.56
4th Quarter, 2017 Housing Statistics: Flint, Michigan


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      86%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Flint housing market for the 12 months
ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Flint is 86%. In other words, when tested against historical data,
the forecasting methodology was correct 86% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in Flint
is 86% during this period. If this Housing Market Forecast is correct, home
prices will be higher in the 4th Quarter of 2018 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Flint Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      78%

The forecast for the trend in the Flint housing market for the 3 years ending
with the 4th Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
Flint is 78%. In other words, when tested against historical data, the forecasting
methodology was correct 78% of the time. Accordingly, LittleBigHomes.com
estimates that the probability for rising house prices in Flint is 78% during this
period. If this Housing Market Forecast is correct, home values will be higher in
the 4th Quarter of 2020 than they were in the 4th Quarter of 2017. Check this
page each quarter for updates to the Flint Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Flint, Michigan


Historical Home Price Appreciation
Last Quarter                                     -0.63%
Last Year . . . . . . . . . . . . . . . . . . . .  7.3%
Last 5 Years                                     40%
Last 10 Years . . . . . . . . . . . . . . . . . 1%
Last 20 Years                                   25%
Decline From All Time High               10.52%


Annual Home Price Appreciation Rates
1988      5.29%
1989      5.67%
1990      5.27%
1991      4.41%
1992      4.88%
1993      2.57%
1994      6.17%
1995      10.04%
1996      8.29%
1997      6.23%
1998      4.82%
1999      4.29%
2000      6.81%
2001      5.23%
2002      3.57%
2003      3.70%
2004      3.52%
2005      2.34%
2006      -3.69%
2007      -7.92%
2008      -12.25%
2009      -12.48%
2010      -2.44%
2011      -5.75%
2012      2.25%
2013      7.78%
2014      8.81%
2015      4.83%
2016      6.21%
2017      7.31%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.63%        Rank: 302 of 381 (20th Percentile)
Last Year  . . . . . . . . . . . . . . . .  7.3%           Rank: 115 of 381 (70th Percentile)
Last 5 Years                              40%            Rank: 82 of 381 (78th Percentile)
Last 10 Years  . . . . . . . . . . . .   1%              Rank: 256 of 381 (32nd Percentile)
Last 20 Years                            25%            Rank: 374 of 379 (1st Percentile)
Decline From All Time High        10.52%

The change in home prices for Flint, MI are shown above for five time periods.
For example: Flint appreciated -0.63% in the Last Quarter. At that rate, the Flint
Real Estate Market was ranked 302nd out of 381 metropolitan Real Estate
Markets. Flint was in the 20th percentile. So Flint, MI performed better in the
Last Quarter than 20% of the 381 metropolitan areas covered in
LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Flint, Michigan

The all time high in the Flint Home Price Index was 172.8 in the 3rd Quarter, of
2005. The 4th Quarter, 2017 index value was 154.6. That's a decline of 18.18
points or 10.52% below the Flint Home Price Index all time high.  The Home
Price Index indicates that the Flint Market is up 1% over the last 10 years. Home
prices in the Flint Real Estate Market have gained 7.31% over the last 12
months. Over the last thirty years, it is up 122%.

The 4th Quarter index value was 0.98 points lower than the 3rd Quarter, 2017
index value of 155.62, resulting in a 0.63% decline for the 4th Quarter in the
Flint Market.

The Flint Home Price Index declined in the last quarter after increasing in the
previous 14 quarters. The current record holders for consecutive declines in
the Home Price Index are Victoria, TX; Topeka, KS; Texarkana, TX-AR;
Springfield, MA and Peoria, IL, with declines in the last 2 consecutive quarters.
The current record holders for consecutive increases in the Home Price Index
are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in the last 26
consecutive quarters.

The highest annual change in the value of houses in the Flint Real Estate
Market was 23% in the twelve months ended with the 2nd Quarter of 1979. The
worst annual change in home values  in the Flint Market was -14% in the twelve
months ended with the 1st Quarter of 2010.

The highest growth in home values in the Flint Real Estate Market over a three
year period was 27% in the three years ended with the 1st Quarter of 1997.
The worst performance over a three year period in the Flint Market was -30% in
the three years ended with the 1st Quarter of 2010.

This page provides a long term graph of the Flint Home Price Index (above).
For information about Michigan home values, click Real Estate Market
Forecasts in the navigation bar at the top of this page.  You'll see long term
charts and analysis that will provide tremendous insight into the historical trends
of residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Flint Home Prices will be at your fingertips
when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Flint Market. The terms House Price Index and Home Price Index, as used in
this site, refer to the Federal Housing Finance Agency (FHFA) House Price
Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Flint Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2017 Housing Data: Flint, Michigan

The trend of Flint 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.

Last Quarter:
During the 4th Quarter of 2017, Flint Home Prices had a rank of 302, with
appreciation of -0.63%. The top performing real estate market during the 4th
Quarter was Gadsden, AL, with a rise of 13.11%. The worst market during that
period was Hinesville, GA, with appreciation of -6.79%.
The median for all cities during the 4th Quarter was 0.75%. The average for all
markets during the quarter was 0.69%.

Last Year:
During the last 12 months, Flint Home Prices had a rank of 115, with
appreciation during the year of 7.31%. The top performing market during the
last year was Sebastian, FL, with an increase of 16.4%. The worst real estate
market during that period was Goldsboro, NC, with appreciation of -6.9%.
The median for all markets during this period was 5.37%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2017, Flint Home Prices ranked
82, with a total appreciation of 40.1%. The top performing real estate market
during the 5 year period was Reno, NV, with a growth in value of 94%. The
worst market during that period was Goldsboro, NC, with appreciation of -5%.
The median for all cities during this time period was 19%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2017, Flint Home Prices had a
rank of 256, with appreciation during the decade of 1%. The top performing
market during the period was Denver, CO, with a rise of 65%. The worst real
estate market during the 10 year time period was Atlantic City, NJ, with
appreciation of -27%.
The median for all markets during the last 10 years was 7%. The average for
the cities over that time frame was 8%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2017, Flint Home Prices had a
rank of 374, with total growth over the 20 year period of 25%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 280%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 18%.
The median for all cities during the last 20 years was 79%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Flint Real Estate
Market is available back to the 4th Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Flint. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Wednesday, March 21, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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