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These NC Housing Markets Among Most Competitive In U.S.: Study


While it's well known that California is home to some of the most competitive housing markets in the U.S., several North Carolina cities are also among the top real estate markets in the U.S. when it comes to competition among buyers. According to a study ...


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While it's well known that California is home to some of the most competitive housing markets in the U.S., several North Carolina cities are also among the top real estate markets in the U.Swhen it comes to competition among buyersAccording to a study released by LendingTree, five North Carolina cities rank among the top 100 most competitive housing markets in the countryLendingTree's rankings of the 100 most competitive housing markets in the U.Swere based on factors that "truly create a competitive market for homebuyers," the company explainedTo compile the rankings, LendingTree looked at factors like how many house hunters are putting more money down, have high credit scores and "start loan shopping before home shopping." To come up with the rankings, LendingTree said it looked at 1.5 million purchase mortgage loan requests that came through the company's marketplace in the 100 largest U.Scities for 2017The cities were then ranked based on the following three criteria: The share of buyers shopping for a mortgage before identifying the house they want Average down payment percentage Percentage of buyers who have prime credit (above 680) The North Carolina cities with the most competitive housing markets are: Raleigh (24)Durham (34)Charlotte (38)Greensboro (89)Winston-Salem (93) Average home buyers in Raleigh, Durham and Charlotte put down down payments of 15 percent, and with buyers in Greensboro and Winston-Salem putting down an average of 13 percent, according to the studyHere are the top 10 most competitive housing markets in the country: San Francisco, California (1)San Jose, California (2) Denver, Colorado (3)San Diego, California (4) Ventura, California (5) Los Angeles, California (6)Seattle, Washington (7)Honolulu, Hawaii (8)Portland, Oregon (9)Sacramento, California (10) Here are the least competitive or most accessible housing markets in the U.S.: Youngstown, Ohio (100)McAllen, Texas (99)Scranton, Pennsylvania (98)El Paso, Texas (97)Dayton, Ohio (96)Augusta, Georgia (95)Birmingham, Alabama (94)Winston-Salem, North Carolina (93)Little Rock, Arkansas (92)Harrisburg, Pennsylvania (91)Photo via Pixabay 1823 Ewing AveCharlotte, North Carolina 28203 For Sale: $1,100,0004 bd/3 full ba, 3,150 sqft More Info 2209 The PlzCharlotte, North Carolina 28205 For Sale: $429,9003 bd/2 full ba, 1,706 sqft More Info 943 Warren Burgess Ln Unit 113Charlotte, North Carolina 28205 For Sale: $260,0002 bd/2 full ba, 1,272 sqft More Info 646 Raphael PlCharlotte, North Carolina 28205 For Sale: $189,0002 bd/2 full ba, 936 sqft More Info 5030 Baylor DrCharlotte, North Carolina 28210 For Sale: $294,0003 bd/1 full ba, 1,219 sqft More Info 7516 Grabill DrCharlotte, North Carolina 28269 For Sale: $180,0003 bd/2 full ba, 1,867 sqft More Info 7608 Rockland DrCharlotte, North Carolina 28213 For Sale: $215,2003 bd/2 full ba, 2,300 sqft More Info 6411 Tomahawk LnCharlotte, North Carolina 28214 For Sale: $160,0003 bd/2 full ba, 1,842 sqft More Info 7143 Haines Mill RdCharlotte, North Carolina 28273 For Sale: $202,0003 bd/2 full ba, 1,972 sqft More Info 5528 Twin Brook DrCharlotte, North Carolina 28269 For Sale: $199,9004 bd/2 full ba, 2,125 sqft More Info Subscribe Back to the Charlotte Patch More from Charlotte PatchUp next on Charlotte Patch 5 Things To Do In Charlotte This Weekend Flu Death Toll Now At 140 In North Carolina National Pizza Day 2018: Where To Find Free Food & Hot Deals ga("send", "event", "taboola", "served", "impression", 1, { "nonInteraction": 1 }); if (mobile_detect.is_phone) { window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-b', container: 'taboola-below-article-thumbnails', placement: 'Mobile Below Article Thumbnails', target_type: 'mix' }); } else { window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-a', container: 'taboola-below-article-thumbnails', placement: 'Below Article Thumbnails', target_type: 'mix' }); } window._taboola = window._taboola || []; _taboola.push({flush: true}); var disqus_shortname = "patchmedia"; var disqus_identifier = "27448817"; var disqus_title = "These NC Housing Markets Among Most Competitive In U.S.: Study "; var disqus_url = "https://patch.com/north-carolina/charlotte/these-nc-housing-markets-among-most-competitive-u-s-study"; jQuery(document).ready(function() { jQuery('#show-disqus, .btn-comment-now').on('click', function(event){ jQuery.ajax({ type: "GET", url: "https://patchmedia.disqus.com/embed.js", dataType: "script", cache: true }); jQuery('#comments-guidelines').show(); event.target.id !== 'show-disqus' && jQuery('html, body').animate({ scrollTop: jQuery('#disqus_thread').offset().top - 220 }, 1000); jQuery('#show-disqus').slideUp(); return false; }); location.hash === '#comments' && jQuery('#show-disqus').click(); }); Show Comments Patch Community Guidelines Patch welcomes contributions and comments from our usersWe strive for civil, enlightened discussions on Patch stories and local issuesPlease abide by our posting standards: Be civil No profanity No personal attacks or insults Stay on topic Users who violate our posting rules will have their comments blocked or deletedUsers who flagrantly violate our standards can be banned at the moderator's discretion. × What are Featured Events? 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Feature your announcement on Patch now Featured Announcements + Add your announcement on Patch Real Estate NearbySelect a Listing TypeNewly ListedOpen HousesForeclosuresRentals 1823 Ewing AveCharlotte, North Carolina 28203 For Sale: $1,100,0004 bd/3 full ba, 3,150 sqft More Info 2209 The PlzCharlotte, North Carolina 28205 For Sale: $429,9003 bd/2 full ba, 1,706 sqft More Info 943 Warren Burgess Ln Unit 113Charlotte, North Carolina 28205 For Sale: $260,0002 bd/2 full ba, 1,272 sqft More Info 646 Raphael PlCharlotte, North Carolina 28205 For Sale: $189,0002 bd/2 full ba, 936 sqft More Info 5030 Baylor DrCharlotte, North Carolina 28210 For Sale: $294,0003 bd/1 full ba, 1,219 sqft More Info 1223 Pinehaven CtCharlotte, North Carolina 28215 For Sale: $160,0003 bd/2 full ba, 1,612 sqft More Info 5601 Fairview Rd Apt 24Charlotte, North Carolina 28209 For Sale: $219,0002 bd/2 full ba, 1,203 sqft More Info 348 Hillside AveCharlotte, North Carolina 28209 For Sale: $1,175,0004 bd/3 full ba, 3,153 sqft More Info 438 Bartling RdCharlotte, North Carolina 28209 For Sale: $425,0003 bd/2 full ba, 1,810 sqft More Info 1608 Kenilworth AveCharlotte, North Carolina 28203 For Sale: $475,0003 bd/2 full ba, 1,474 sqft More Info We could not find any nearby foreclosures, but here are a few nearby homes for sale: 1823 Ewing AveCharlotte, North Carolina 28203 Foreclosure: $1,100,0004 bd/3 full ba, 3,150 sqft More Info 2209 The PlzCharlotte, North Carolina 28205 Foreclosure: $429,9003 bd/2 full ba, 1,706 sqft More Info 943 Warren Burgess Ln Unit 113Charlotte, North Carolina 28205 Foreclosure: $260,0002 bd/2 full ba, 1,272 sqft More Info 646 Raphael PlCharlotte, North Carolina 28205 Foreclosure: $189,0002 bd/2 full ba, 936 sqft More Info 5030 Baylor DrCharlotte, North Carolina 28210 Foreclosure: $294,0003 bd/1 full ba, 1,219 sqft More Info 1025 Margaret Brown StCharlotte, North Carolina 28202 Rent: $9751 bd/1 full ba More Info 3301 Park Rd Apt LCharlotte, North Carolina 28209 Rent: $865-$1,0051-2 bd/1-2 full ba, 659-834 sqft More Info 3214 Central AveCharlotte, North Carolina 28205 Rent: $1,100-$1,4091-2 bd/1-2 full ba, 741-1,040 sqft More Info 5720 Carnegie BlvdCharlotte, North Carolina 28209 Rent: $1,166-$2,8001-2 bd/1-2 full ba, 722-1,431 sqft More Info 520 W 5th StCharlotte, North Carolina 28202 Rent: $1,289-$1,9290-2 bd/1-2 full ba, 715-1,381 sqft More Info Nearby PatchesNoDa-Midwood-Belmont Myers Park-South End-Dilworth Huntersville Cornelius Davidson Mooresville TopicsArts & Entertainment Bulletin Board Business Community Corner Health & Fitness Home & Garden Jobs Kids & Family Local Deals & Classifieds Local Voices Obituaries Pets Police & Fire Politics & Government Real Estate Restaurants & Bars Schools Seasonal & Holidays Sports Traffic & Transit Travel Weather Corporate InfoAbout Patch Careers PartnershipsAdvertise on Patch SupportFAQs Contact Patch View All Patches Patch Network Terms of Use Privacy Policy © 2018 Patch MediaAll Rights Reserved. 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