North Carolina housing market | Raleigh, Durham are some of the hottest housing markets in the country [Video]

RALEIGH, N.C. (WTVD) — North Carolina is home to some of the hottest housing markets in the country.

US News and World Report put together a list of the top 20 markets based on buyer demand and affordability.

Raleigh is number two on the list. Durham and Chapel Hill come in number four, and Charlotte is ranked number five.

The news is promising as inflation is easing and mortgage rates are falling.

“Not only is the market holding steady in all categories but we’ve seen the luxury market thrive and do well,” said Hilary Kennedy, owner of Live Oaks Realty. “In all categories and all price points, we’re seeing movement which is nice.”

ALSO SEE: Early voting for 2024 Primary Election in North Carolina begins February 15

Kennedy said affordability is a big reason people are coming. She knows that term is relative but she said compared to New York, New Jersey, or California prices you can get a lot more bang for …