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 + 8.36% (+ 2.09% yearly) between 2003 and the end of 2006.

The state of NC had + 23.13% total appreciation (+ 5.78% 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 +176.81% 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%
2005 1 142.48 + 1.43% + 5.72%
2005 2 142.28 - 0.14% - 0.56%
2005 3 143.17 + 0.63% + 2.50%
2005 4 141.81 - 0.95% - 3.80%
2006 1 144.39 + 1.82% + 7.28%
2006 2 146.42 + 1.41% + 5.62%
2006 3 145.36 - 0.72% - 2.90%
2006 4 149.1 + 2.57% + 10.29%


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 $109,000.00 in 2003, you could multiply by + 8.36%, add the gain and see the home should be worth $118,109.74 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Burlington-NC from 2003 to 2006:
+ 2.09%

Appreciation Comparisons

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 27215 - BURLINGTON, NC

MSA Pop: 136773
Zip Pop: 33439
Avg Value: 121800
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.03342
Long: -79.49088