U.S. News and World Report has published an article indicating that sales of real estate is soaring in areas near or around college campuses. Information given to Realtor.com has indicated that many parents of college students are upset by high rents, particularly in areas around urban campuses like in Boston and Pittsburgh and are therefore opting to buy a condo, townhouse, or other property for their student to live in. Others are taking advantage of these high rental prices to invest in these properties as the rental market for students is fairly stable and ongoing.
