Top cities where renters should consider becoming buyers (Charlotte, Gastonia: real estate, mortgage)

[bajanqueen]

Just saw this article and thought it was interesting. Top cities where renters should consider becoming buyers. Charlotte made the list (the link is at the bottom of the page)

U.S. cities where renters should buy now - MSN Real Estate

[MikeyKid]

Originally Posted by bajanqueen

Just saw this article and thought it was interesting. Top cities where renters should consider becoming buyers. Charlotte made the list (the link is at the bottom of the page)

U.S. cities where renters should buy now - MSN Real Estate

Actually - "Charlotte-Gastonia-Concord, N.C.-S.C." made the list... and the site is borderline unreadable. ugh

The only thing I could get specifically about Charlotte (it's not mentioned anywhere in the actual article) was trying to follow that link and got some stats - that's it... the reliability of which I know nothing about.
Metropolitan Statistical Area: Charlotte-Gastonia-Concord, N.C.-S.C.

Premium to Buy, 15-year Average: 56.9%
Premium to Buy, Q3 2009: 48.2%
Five-year Home Price Index Forecast: 12.55%
Median Rent: $671
Median Home Price: $199,600
Blended Mortgage Rate: 5.31%