Raleigh or Chapel Hill, NC. Would I buy? Absolutely. Based on employment growth, median income, income to home price ratios, etc., no reason to believe housing is severely inflated there. I wouldn’t be worried about riding out any slight dip in the market since I would be investing in a long-term family home. Lots of great things about the area.
(Note: I’m using the assumption that I have a family and I’m interested in living mortgage-free. In reality, I’m young, childless, and not ready to settle down.)
