Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Asheville, North Carolina MSA appreciated + 9.32% (+ 4.66% yearly) between 1993 and the end of 1994.

The state of NC had + 7.76% total appreciation (+ 3.88% yearly). The Asheville, North Carolina MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 20.08% faster than the state as a whole.

Asheville-NC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 93.32 + 4.11% + 16.42%
1993 3 93.28 - 0.04% - 0.17%
1993 4 93.97 + 0.74% + 2.96%
1994 1 94.56 + 0.63% + 2.51%
1994 2 96.26 + 1.80% + 7.19%
1994 3 96.68 + 0.44% + 1.75%
1994 4 97.99 + 1.35% + 5.42%


If you need information on Hard Money Rehab Loans in Alexander, North Carolina look at Spec-Loan.com

If you were going to do a Alexander, North Carolina Refinance, or Alexander, North Carolina Reverse Mortgages, you could estimate your home value.

If you knew your Alexander, North Carolina home was worth $87,000.00 in 1993, you could multiply by + 9.32%, add the gain and see the home should be worth $95,104.08 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Asheville-NC from 1993 to 1994:
+ 4.66%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1993 to 1994 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .

  1. Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
  2. Kingston-NY decreased by - 12.24% between 1993 and 1994
  3. Binghamton-NY decreased by - 10.95% between 1993 and 1994
  4. Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
  5. Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 28701 - ALEXANDER, NC

MSA Pop: 381789
Zip Pop: 3110
Avg Value: 105000
County: BUNCOMBE
Elev: 2134
Region: South
Lat: 35.706532
Long: -82.639353