Guilford, Davidson counties ranked in top 10 best places to buy home in NC

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Guilford and Davidson counties are ranked in the top 10 as best places to buy a home in North Carolina.

The recognition comes from a 2016 SmartAsset study.

The New York based financial technology company compiled the study using average rental rates and home prices.

It compared buying to renting in each county in the United States.

Guilford County ranked fourth and Davidson County ranked ninth in North Carolina.

“We’re seeing a lot of activity in North and Northwest Guilford County in multiple price points,” Jason Smith, vice president at Allen Tate-Smith Marketing, said.

“Guilford County offers lots of amenities and activities that the major markets offer, but it still has a small town feel,” he added.

Bob Bates, president of the Greensboro Regional Realtors Association credits historically low-interest rates.

“The financial institutions are loosening up on their lending a little and creating a spark in getting us back to a stable market,” Bates said.

Bates says a strong school system has been a draw for families but believes the district’s “Say Yes” initiative will make it more attractive to certain buyers.

Judy Lanier, president and owner of Leonard Craver Realty, says the western and northern parts of Davidson County are seeing solid growth and the market overall is in much better shape compared to a few years ago.

“It’s explosive. We’ve been the busiest after a lull of five years,” she said.

She says Davidson stands out for buyers because of its convenience and reasonable pricing.

“The median income is about $28,000,” she said.

She continued, “the median home price is $100,000, so it’s affordable.”

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