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| Realtor.com: The Top 10 College Towns With Investment Potential for Parents |
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Buying real estate in your student's college town can be a short-term vehicle for savings and a long-term vehicle for investment. Realtor.com® recently ranked the cities best for both, factoring in monthly mortgage payments (based on a 20 percent down payment) and other housing costs such as insurance and property taxes, and monthly rental costs. "College tuition in the U.S. has increased more than 60 percent over the last 10 years," says Javier Vivas, manager of Economic Research for realtor.com. "Assuming you can afford the down payment, owning a home that your child can live in while at school can help cut the high costs of off campus living. ...
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One of the first focuses for most people looking for a home is square feet. How many square feet are there? How does it compare to the rest of the neighborhood and area? Does size really matter? Size, of course, does have an impact. More square footage provides the opportunity
