Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 33.45%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Charlotte Gastonia Concord, North Carolina, South Carlina MSA appreciation it was + 33.45% (+ 4.78% yearly) from 2000 to 2006.
During the same time period, NC had + 39.48% (+ 5.64% yearly).
From 2000 to 2006, North Carolina outperformed the individual Charlotte Gastonia Concord, North Carolina, South Carlina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Charlotte-Gastonia-Concord-NC-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 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 $106,000.00 in 2000, you could multiply by + 33.45%, add the gain and see the home should be worth $141,452.56 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 2000 to 2006:
+ 4.78%
Appreciation Comparisons
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
The top 5 performing MSAs from 2000 to 2006 were Naples-Marco-Island-FL, Riverside-San-Bernardino-Ontario-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Merced-CA, and Bakersfield-CA .
- Naples-Marco-Island-FL increased +181.38% from 2000 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +177.29% from 2000 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +176.02% from 2000 to the end of 2006
- Merced-CA increased +174.94% from 2000 to the end of 2006
- Bakersfield-CA increased +170.91% from 2000 to the end of 2006
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