College towns feed second-home craze
Perfect opportunity for son, daughter to live off-campus, maintain your investment
By Tom Kelly, Tuesday, September 12, 2006.If you will be dropping off a college student for the fall term, it might be worth your time to check the prices of homes for sale near campus. Not only have some red-hot markets slowed considerably, but the housing cycle could move back into positive territory by the time your student graduates.
Some of the more consistent and stable real estate markets for traditional second homes and rental properties are the residential neighborhoods surrounding established colleges and universities. Why?
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Copyright 2006 Tom Kelly
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