Buy or rent. It’s a question that many are considering. A recent study determined where the healthiest housing markets are in the US. While many places are a great place to live, it might be better to rent in those cities than to buy.
Charleston would wind up trailing — by a larger margin — in a match-up of real estate markets today. North Charleston finished 184th among 300 metro areas. Charleston, meanwhile, ranked 73rd in the personal-finance website’s survey.
WalletHub came out with the study and employed 16 indicators to find the most attractive real-estate markets. Factors included median home-price appreciation, housing affordability and job growth.
Frisco, Texas, rated as the country’s best real estate market in the WalletHub analysis. Newark, New Jersey, headed the 10 worst real estate markets.
According to WalletHub, Charleston posted steady scores in two key categories tracked by the website. It placed 86th as a housing market and 77th in affordability and economic environment.
North Charleston ranked a respectable 95th in affordability and economic environment; 199th as a residential market.
Post and Courier