Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 32.12%
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: + 32.12%
- State of NC: + 41.46%
- Difference: - 22.52%
Charlotte-Gastonia-Concord-NC-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina .
Lets look at Mineral Springs, North Carolina, a city located in Charlotte Gastonia Concord, North Carolina, South Carlina MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Mineral Springs, North Carolina check out 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 $103,000.00 in 1998, you could multiply by + 32.12%, add the gain and see the home should be worth $136,086.42 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1998 to 2005:
+ 4.02%
Appreciation Comparisons
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
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