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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 02-07-2017, 06:21 PM
 
Location: Apex, NC
36 posts, read 46,982 times
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Nice to see NC get 2 cities on the list!

http://finance.yahoo.com/news/25-bes...144937535.html
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Old 02-07-2017, 06:26 PM
 
Location: Raleigh, NC
6,658 posts, read 5,608,497 times
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well 3 - Raleigh, Durham, and Charlotte
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Old 02-08-2017, 05:32 AM
 
265 posts, read 270,353 times
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I noticed a pretty big difference in the median home price. It surprised me that Charlotte was so cheap.

14. Charlotte, North Carolina
Charlotte saw its population grow just over 6 percent between 2011 and 2015. And many people appear to be moving to the area out of simple desire, as Charlotte is the 15th most desirable place to live in the U.S. in 2017.
Metro Population: 2,338,792
Median Home Price: $189,508
Median Annual Salary: $48,370

7. Raleigh and Durham, North Carolina
The metro area best known for boasting three renowned colleges – Duke University, University of North Carolina–Chapel Hill and North Carolina State University – scores highest for its low cost of living and steady growth. Raleigh and Durham grew by 6.4 percent due to net migration from 2011 to 2015.
Metro Population: 1,750,865
Median Home Price: $219,466
Median Annual Salary: $51,150
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Old 02-08-2017, 06:14 AM
 
Location: Raleigh, NC
6,658 posts, read 5,608,497 times
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I don't believe the median home price for some of these cities.
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Old 02-08-2017, 06:19 AM
 
Location: NC
82 posts, read 135,098 times
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It's metro, not individual cities.

I assume they combined Raleigh-Cary MSA (Wake, Johnston, and Franklin County) and Durham-Chapel Hill MSA (Durham, Orange, Chatham, and Person County.)

Also it's the median not average... I'd be interested in actual raw data for the numbers (at least primary sources).
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Old 02-08-2017, 06:25 AM
 
Location: Chapel Hill, NC, formerly NoVA and Phila
9,781 posts, read 15,817,228 times
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Quote:
Originally Posted by anothertiger View Post
It's metro, not individual cities.

I assume they combined Raleigh-Cary MSA (Wake, Johnston, and Franklin County) and Durham-Chapel Hill MSA (Durham, Orange, Chatham, and Person County.)

Also it's the median not average... I'd be interested in actual raw data for the numbers (at least primary sources).
Plus, it includes condos and townhomes, not just single-family homes. Considering all that, it seems feasible to me.
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Old 02-08-2017, 07:24 AM
 
Location: Raleigh, NC
6,658 posts, read 5,608,497 times
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Quote:
Originally Posted by anothertiger View Post
It's metro, not individual cities.
Right which I don't agree with - median home price in the Boston area is around $325K? Yeah right.
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Old 02-08-2017, 07:33 AM
 
Location: NC
82 posts, read 135,098 times
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Quote:
Originally Posted by pierretong1991 View Post
Right which I don't agree with - median home price in the Boston area is around $325K? Yeah right.
Boston metro includes parts of NH and CT... Median price includes all the housing options sounds fair. I am from southern NH and it used to take 90 minutes commute in I-95/93/90 and all the city traffic. But it's still within the "metro".
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Old 02-08-2017, 07:39 AM
 
Location: Raleigh, NC
6,658 posts, read 5,608,497 times
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Quote:
Originally Posted by anothertiger View Post
Boston metro includes parts of NH and CT... Median price includes all the housing options sounds fair. I am from southern NH and it used to take 90 minutes commute in I-95/93/90 and all the city traffic. But it's still within the "metro".
I just think if you're going to have a score that indicates the "value" of a location, it is not exactly that good of an idea to be including locations far outside the actual city. For Boston for example, that should be locations inside or around 128 (or something to that extent).
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Old 02-08-2017, 11:00 AM
 
Location: South Beach and DT Raleigh
13,966 posts, read 24,209,696 times
Reputation: 14767
Quote:
Originally Posted by Flamenguista View Post
I noticed a pretty big difference in the median home price. It surprised me that Charlotte was so cheap.

14. Charlotte, North Carolina
Charlotte saw its population grow just over 6 percent between 2011 and 2015. And many people appear to be moving to the area out of simple desire, as Charlotte is the 15th most desirable place to live in the U.S. in 2017.
Metro Population: 2,338,792
Median Home Price: $189,508
Median Annual Salary: $48,370

7. Raleigh and Durham, North Carolina
The metro area best known for boasting three renowned colleges – Duke University, University of North Carolina–Chapel Hill and North Carolina State University – scores highest for its low cost of living and steady growth. Raleigh and Durham grew by 6.4 percent due to net migration from 2011 to 2015.
Metro Population: 1,750,865
Median Home Price: $219,466
Median Annual Salary: $51,150
This data is pulled by metros. Both Raleigh's and Durham's metros are compact and the combined data includes two core counties that represent the lion's share of the overall reported 1.75 million people. Housing in core counties tends to be more expensive than outlying counties. The further you get from employment centers, the lower housing costs tend to be. Charlotte's metro is even physically larger than the two Triangle MSA's areas combined and the core county of Mecklenburg represents a smaller share of the total population with more of the reported data coming from outlying counties comparatively.
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