Real Estate Appreciation for Burlington, North Carolina: + 13.17%
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 + 13.17% (+ 4.39% yearly) from 1994 to 1996.
During the same time period, NC had + 13.66% (+ 4.55% yearly).
From 1994 to 1996, 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1996 | 1 | 105.58 | + 3.99% | + 15.96% |
| 1996 | 2 | 106.09 | + 0.48% | + 1.93% |
| 1996 | 3 | 107.38 | + 1.22% | + 4.86% |
| 1996 | 4 | 108.08 | + 0.65% | + 2.61% |
If you need information on Hard Money Rehab Loans in Altamahaw, North Carolina look at Spec-Loan.com
If you were going to do a Altamahaw, North Carolina Refinance, or Altamahaw, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Altamahaw, North Carolina home was worth $90,000.00 in 1994, you could multiply by + 13.17%, add the gain and see the home should be worth $101,855.50 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1994 to 1996:
+ 4.39%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 27202 - ALTAMAHAW, NC
MSA Pop: 136773Zip Pop: 24
Avg Value: 45000
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.186466
Long: -79.505991