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 + 2.09% (+ 1.04% yearly) between 2003 and the end of 2004.

The state of NC had + 7.59% total appreciation (+ 3.79% 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 +263.70% faster than this MSA.

Burlington-NC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 137.95 + 0.25% + 1.02%
2003 3 138.03 + 0.06% + 0.23%
2003 4 139.92 + 1.37% + 5.48%
2004 1 140.97 + 0.75% + 3.00%
2004 2 138.45 - 1.79% - 7.15%
2004 3 137.52 - 0.67% - 2.69%
2004 4 140.47 + 2.15% + 8.58%


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 $107,000.00 in 2003, you could multiply by + 2.09%, add the gain and see the home should be worth $109,231.76 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Burlington-NC from 2003 to 2004:
+ 1.04%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .

  1. Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
  2. Jackson-TN only increased + 1.89% between 2003 and 2004
  3. Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
  4. Burlington-NC only increased + 2.09% between 2003 and 2004
  5. Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004

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