We’re happy to publish this article telling us that the triangle’s housing market is strong.
Durham barely inched out Raleigh in a new study of the healthiest housing markets in the U.S. – both cities placed in the top 15.
The study, done by SmartAsset, measures each housing market by its stability, risk, fluidity (ease of sale) and affordability. Based on those primary factors, Durham was assigned a healthiest markets index score of 82.71, ranking No. 14 nationally, and Raleigh came in a shade under that at 81.21, taking the No. 15 spot.
Both cities performed among the top in the country in several metrics, including the average percentage of homes with negative equity in which both had less than 10 percent and the percentage of homes decreasing in value, both coming in around the 5 percent mark.
Nationwide, it was Texas that took the top two spots: Plano was No. 1 with a healthiest markets index score of 100, followed by Arlington, with 95.21. Rounding out the top five were Grand Rapids, Michigan, with a score of 93.84; Pittsburgh (89.36) and Fremont, California (89.04).