Top neighbordhoods in North Carolina for home ownership (Charlotte, Raleigh: renters, homes)

[SunnyKayak]

NerdWallet Inc. recently compiled a list of the best North Carolina cities to buy a house, based on value to homeowners.
The method they used for their formula is the following:

1. Metro area’s home ownership rate to determine the availability of homes. A low home ownership rate is likely a signal of competitive inventory, more options for renters rather than buyers and expensive housing. Areas with a high home ownership rate led to a higher overall score.

2. Median household income, monthly homeowner costs and median home value to assess affordability and determine whether residents could live comfortably in the area. Monthly homeowner costs to measure cost of living. Areas with high median incomes and low cost of living scored higher.

3. Population growth to ensure that the area is attracting new residents and showing signs of solid growth. This is likely a signal of a robust local economy, which is another attractive characteristic for home buyers.

Top cities for home buyers
1. Holly Springs
2. Indian Trail
3. Fuquay-Varina
4. Wake Forest
5. Clayton
6. Apex
7. Huntersville
8. Morrisville
9. Cornelius
10. Mint Hill

The only cities not in the Raleigh and Charlotte metros that made the list are Hope Mills at 15, Clemmons at 17 and Sanford at 18.

For details on why the top cities are chosen click here. Best Places for Homeownership in North Carolina

[conigam]

Yay for Holly Springs!!!

[spankys bbq]

I've got to question Hope Mills. That just doesn't seem right at all.

[faabala]

Hope Mills includes Grays Creek.

[Jowel]

Sanford is the only community that seems different from the rest, having been established with the neighborhoods and infrastructure of a small city for much longer.

The others feel much newer (with the bulk of their development occurring in the last 2-3 decades) and are very suburban outside of their small town cores.

[rnc2mbfl]

Originally Posted by SunnyKayak

NerdWallet Inc. recently compiled a list of the best North Carolina cities to buy a house, based on value to homeowners.
The method they used for their formula is the following:

1. Metro area’s home ownership rate to determine the availability of homes. A low home ownership rate is likely a signal of competitive inventory, more options for renters rather than buyers and expensive housing. Areas with a high home ownership rate led to a higher overall score.

2. Median household income, monthly homeowner costs and median home value to assess affordability and determine whether residents could live comfortably in the area. Monthly homeowner costs to measure cost of living. Areas with high median incomes and low cost of living scored higher.

3. Population growth to ensure that the area is attracting new residents and showing signs of solid growth. This is likely a signal of a robust local economy, which is another attractive characteristic for home buyers.

Top cities for home buyers
1. Holly Springs
2. Indian Trail
3. Fuquay-Varina
4. Wake Forest
5. Clayton
6. Apex
7. Huntersville
8. Morrisville
9. Cornelius
10. Mint Hill

The only cities not in the Raleigh and Charlotte metros that made the list are Hope Mills at 15, Clemmons at 17 and Sanford at 18.

For details on why the top cities are chosen click here. Best Places for Homeownership in North Carolina

Sanford is actually part of the Triangle's CSA. All 6 of the top ten that are in the Triangle are also in the Raleigh MSA and five of them are in Wake County.