Real Estate Appreciation for Burlington, North Carolina: + 33.05%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Burlington, North Carolina: + 33.05%
- State of NC: + 43.64%
- Difference: - 24.27%
Burlington-NC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
Lets look at Burlington, North Carolina, a city located in Burlington, North Carolina MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Burlington, North Carolina Refinance, or Burlington, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Burlington, North Carolina home was worth $100,000.00 in 1996, you could multiply by + 33.05%, add the gain and see the home should be worth $133,046.03 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1996 to 2004:
+ 3.67%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 27217 - BURLINGTON, NC
MSA Pop: 136773Zip Pop: 34264
Avg Value: 80400
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.126959
Long: -79.415444