Real Estate Appreciation for Atlanta Sandy Springs Marietta, Georgia: + 12.26%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Atlanta Sandy Springs Marietta, Georgia MSA appreciated + 12.26% (+ 4.09% yearly) between 2003 and the end of 2005.
The state of GA had + 15.28% total appreciation (+ 5.09% yearly).
The state average for Georgia was higher than the real estate appreciation in the Atlanta Sandy Springs Marietta, Georgia MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 24.69% faster than this MSA.
Atlanta-Sandy-Springs-Marietta-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 162.47 | + 0.62% | + 2.48% |
| 2003 | 3 | 163.25 | + 0.48% | + 1.92% |
| 2003 | 4 | 165.1 | + 1.13% | + 4.53% |
| 2004 | 1 | 167.2 | + 1.27% | + 5.09% |
| 2004 | 2 | 168.23 | + 0.62% | + 2.46% |
| 2004 | 3 | 170.04 | + 1.08% | + 4.30% |
| 2004 | 4 | 172.66 | + 1.54% | + 6.16% |
| 2005 | 1 | 174.95 | + 1.33% | + 5.31% |
| 2005 | 2 | 176.87 | + 1.10% | + 4.39% |
| 2005 | 3 | 179.75 | + 1.63% | + 6.51% |
| 2005 | 4 | 181.26 | + 0.84% | + 3.36% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Norcross, Georgia Refinance, or Norcross, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Norcross, Georgia home was worth $108,000.00 in 2003, you could multiply by + 12.26%, add the gain and see the home should be worth $121,236.64 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlanta-Sandy-Springs-Marietta-GA from 2003 to 2005:
+ 4.09%
Appreciation Comparisons
The worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .
- Burlington-NC only increased + 3.06% between 2003 and 2005
- Lafayette-IN only increased + 4.69% between 2003 and 2005
- Jonesboro-AR only increased + 5.04% between 2003 and 2005
- Anderson-IN only increased + 5.16% between 2003 and 2005
- Rocky-Mount-NC only increased + 5.82% between 2003 and 2005
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 30010 - NORCROSS, GA
MSA Pop: 4610032Zip Pop: 0
Avg Value: 0
County: GWINNETT
Elev: 1031
Region: South
Lat: 33.96815
Long: -84.21784