College Towns: Great Places To Buy Real Estate

Bill Hitchcock

ecupiratesSmall

Could the area surrounding East Carolina University. Could Greenville, Washington, New Bern locations be key to your next investment?  Read this latest report of Coldwell Banker® College Home Price Comparison Index

Home Buying 101: College Towns are Undiscovered, Affordable and Stable Markets for Homebuyers

RISMEDIA, November 16, 2009—Every fall, college football fans feel nostalgic for the tradition, lifestyle and spirit of their college towns as they cheer on their favorite teams. This year’s Coldwell Banker® College Home Price Comparison Index (HPCI) reveals that these school-centric areas also sport very affordable homes, in addition to the culture and economic stability associated with higher education institutions – making them great areas to purchase real estate. 

The annual College HPCI released by Coldwell Banker Real Estate LLC provides an apples-to-apples comparison of similarly sized 2,200 square foot, four-bedroom, two-and-a-half bathroom homes in college markets home to the 120 Football Bowl Subdivision schools. This year, Akron, Ohio (University of Akron) is ranked as the most affordable college town, where a typical four-bedroom home costs $121,885. Muncie, Ind. (Ball State University) took the No. 2 spot at $144,996. Ann Arbor, Mich. (a quintessential college town home to the University of Michigan) came in as the No. 3 most affordable college market, where the sample size home only costs $148,000. 

Read more: http://rismedia.com/2009-11-07/home-buying-101-college-towns-are-undiscovered-affordable-and-stable-markets-for-homebuyers/#ixzz0X2bCVUSO

_______________

Author’s Yougler Profile is at  Bill Hitchcock.

Leave a Reply

You must be logged in to post a comment.

Flickr Photos

Boracay Island New Zealand Philippines ftmonroe ftmonroe-5 ftmonroe-3

Featured Video

Animated Tag Cloud