Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Burlington, North Carolina MSA appreciation it was + 6.31% (+ 3.16% yearly) from 1994 to 1995.

During the same time period, NC had + 9.13% (+ 4.57% yearly). From 1994 to 1995, North Carolina outperformed the individual Burlington, North Carolina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Burlington-NC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 98.37 + 3.01% + 12.02%
1994 3 98.95 + 0.59% + 2.36%
1994 4 99.06 + 0.11% + 0.44%
1995 1 100 + 0.95% + 3.80%
1995 2 99.96 - 0.04% - 0.16%
1995 3 102.2 + 2.24% + 8.96%
1995 4 101.53 - 0.66% - 2.62%


Some of the ways peope use our appreciation data for Burlington, North Carolina include real estate investment .

Lets look at Alamance, North Carolina, a city located in Burlington, North Carolina MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in North Carolina check out 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 $89,000.00 in 1994, you could multiply by + 6.31%, add the gain and see the home should be worth $94,619.58 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Burlington-NC from 1994 to 1995:
+ 3.16%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .

  1. Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
  2. Binghamton-NY decreased by - 8.46% between 1994 and 1995
  3. Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
  4. Kingston-NY decreased by - 7.85% between 1994 and 1995
  5. Ithaca-NY decreased by - 7.18% between 1994 and 1995

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: 27201 - ALAMANCE, NC

MSA Pop: 136773
Zip Pop: 0
Avg Value: 0
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.030221
Long: -79.485976