Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 35.09%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Charlotte Gastonia Concord, North Carolina, South Carlina MSA appreciated + 35.09% (+ 5.01% yearly) between 1993 and the end of 1999.
The state of NC had + 33.85% total appreciation (+ 4.84% yearly).
The Charlotte Gastonia Concord, North Carolina, South Carlina MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 3.66% faster than the state as a whole.
Charlotte-Gastonia-Concord-NC-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Charlotte-Gastonia-Concord-NC-SC here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in North Carolina, you can do some research at Spec-Loan.com.
If you were going to do a Mineral Springs, North Carolina Refinance, or Mineral Springs, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Mineral Springs, North Carolina home was worth $92,000.00 in 1993, you could multiply by + 35.09%, add the gain and see the home should be worth $124,286.20 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1993 to 1999:
+ 5.01%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1999 were Salt-Lake-City-UT, Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and Provo-Orem-UT .
- Salt-Lake-City-UT increased + 70.99% from 1993 to the end of 1999
- Boulder-CO increased + 70.58% from 1993 to the end of 1999
- Denver-Aurora-CO increased + 70.44% from 1993 to the end of 1999
- Fort-Collins-Loveland-CO increased + 68.71% from 1993 to the end of 1999
- Provo-Orem-UT increased + 67.42% from 1993 to the end of 1999
In contrast, the worst 5 MSAs from 1993 to 1999 were Honolulu-HI, Bakersfield-CA, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Binghamton-NY .
- Honolulu-HI decreased by - 15.53% between 1993 and 1999
- Bakersfield-CA decreased by - 5.66% between 1993 and 1999
- Albany-Schenectady-Troy-NY decreased by - 3.82% between 1993 and 1999
- Utica-Rome-NY decreased by - 3.32% between 1993 and 1999
- Binghamton-NY decreased by - 3.08% between 1993 and 1999
Zip Code in MSA: 28108 - MINERAL SPRINGS, NC
MSA Pop: 1437427Zip Pop: 0
Avg Value: 0
County: UNION
Elev: 576
Region: South
Lat: 34.931816
Long: -80.676382