Don't know how I missed this one the first time round, but it seems a number of folks have, since it hasn't gotten lots of press. (The DCVB, it turns out, did note this last month.)
Anyhow: Durham was named the #3 small-market for relocation in 2007, after Provo and Ogden UT, but before Colorado Springs. Winston-Salem ranked twelfth and Asheville twenty-third among small-market cities. The study, by relocation firm Primacy, factors home prices and house affordability as well as property taxes and rent rolls into its calculations.
Raleigh-Cary ranked #3 in medium-market and Charlotte #20 in large markets in the same survey. In other news, jealous that it's ranked a 'medium' to Charlotte's 'large' market, Raleigh-Cary has just smacked Charlotte upside the head when the Queen City wasn't looking.
(All of which could begin the age-old debate as to the cleaving of the old Raleigh-Durham MSA into two separate metro areas a few years back, but we won't go there.)
If anyone is interested, our CEO outlines the thought process behind a decision like relocating, or in our case, expanding to Durham. There's a lot more to it than just housing prices! Kevin, thanks for getting us up to speed on the bull city. We are excited to be a part of the community.
http://blog.viget.com/here-comes-viget-south-why-were-expanding-and-why-in-durham/
Posted by: Emily Bloom | July 31, 2007 at 10:32 AM