Cary, the third largest city in the Triangle, was named a top-10 real estate market in the U.S. in a recent WalletHub report.
Raleigh, Durham and Charlotte were all in the top 25.
WalletHub is a personal finance website that offers credit reports, credit scores and reviews for financial advisors.
Here’s more about the WalletHub rankings.
Cary, Raleigh, Charlotte: Best places to buy a house
Cary was named the sixth-best spot to buy a house in the United States, the WalletHub report says.
Durham came in at #12, then Raleigh at #24 and Charlotte at #25.
Durham also has the lowest maintenance costs as a percentage of income, the report found.
Methodology: To come up with these findings, WalletHub compared 300 cities in two categories: Real Estate Market, and Affordability and Economic Environment.
Data analyzed came from the U.S. Census Bureau, Bureau of Labor Statistics, Council for Community and Economic Research, Zillow, TransUnion, Chmura Economics & Analytics, The National Association of Realtors, ATTOM Data Solutions and WalletHub research.
For the full report and its methodology, visit wallethub.com.
NC cities named best large, midsize cities to buy houses
Many NC cities were among the best spots in the country to buy houses in their respective markets, the WalletHub report says.
Here’s how these cities ranked on lists of large cities (more than 300,000 residents), midsize cities (150,000 to 300,000 residents) and small cities (under 150,000 residents).
How NC cities fared in WalletHub’s large city rankings:
How NC cities fared in WalletHub’s midsize city rankings:
How NC cities fared in WalletHub’s small city rankings:
#53: High Point
This story was originally published August 31, 2022 6:45 AM.
Read the full article here