Real Estate Appreciation for Burlington, North Carolina: + 7.76%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Burlington, North Carolina MSA appreciated + 7.76% (+ 3.88% yearly) between 1993 and the end of 1994.
The state of NC had + 7.76% total appreciation (+ 3.88% yearly).
The state average for North Carolina was higher than the real estate appreciation in the Burlington, North Carolina MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 0.02% faster than this MSA.
Burlington-NC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 92.74 | + 0.88% | + 3.52% |
| 1993 | 3 | 93.53 | + 0.85% | + 3.41% |
| 1993 | 4 | 94.56 | + 1.10% | + 4.41% |
| 1994 | 1 | 95.5 | + 0.99% | + 3.98% |
| 1994 | 2 | 98.37 | + 3.01% | + 12.02% |
| 1994 | 3 | 98.95 | + 0.59% | + 2.36% |
| 1994 | 4 | 99.06 | + 0.11% | + 0.44% |
If you need information on Hard Money Rehab Loans in Alamance, North Carolina look at Spec-Loan.com
If you were going to do a Alamance, North Carolina Refinance, or Alamance, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Alamance, North Carolina home was worth $87,000.00 in 1993, you could multiply by + 7.76%, add the gain and see the home should be worth $93,747.63 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1993 to 1994:
+ 3.88%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .
- Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
- Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
- Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
- Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
- Greeley-CO increased + 25.00% from 1993 to the end of 1994
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 .
- Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
- Kingston-NY decreased by - 12.24% between 1993 and 1994
- Binghamton-NY decreased by - 10.95% between 1993 and 1994
- Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994
Zip Code in MSA: 27201 - ALAMANCE, NC
MSA Pop: 136773Zip Pop: 0
Avg Value: 0
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.030221
Long: -79.485976