Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 6.67%
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.
- Charlotte Gastonia Concord, North Carolina, South Carlina: + 6.67%
- State of NC: + 6.18%
- Difference: + 7.95%
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 119.59 | + 0.54% | + 2.15% |
| 1998 | 3 | 121.55 | + 1.64% | + 6.56% |
| 1998 | 4 | 122.45 | + 0.74% | + 2.96% |
| 1999 | 1 | 124.05 | + 1.31% | + 5.23% |
| 1999 | 2 | 125.2 | + 0.93% | + 3.71% |
| 1999 | 3 | 125.97 | + 0.62% | + 2.46% |
| 1999 | 4 | 126.88 | + 0.72% | + 2.89% |
Some of the ways peope use our appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina include real estate investment .
Lets look at Indian Trail, North Carolina, a city located in Charlotte Gastonia Concord, North Carolina, South Carlina MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in North Carolina check out Spec-Loan.com
If you were going to do a Indian Trail, North Carolina Refinance, or Indian Trail, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Indian Trail, North Carolina home was worth $97,000.00 in 1998, you could multiply by + 6.67%, add the gain and see the home should be worth $103,466.67 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1998 to 1999:
+ 3.33%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
Zip Code in MSA: 28079 - INDIAN TRAIL, NC
MSA Pop: 1437427Zip Pop: 11315
Avg Value: 124900
County: UNION
Elev: 576
Region: South
Lat: 35.097816
Long: -80.629431