The real estate market in Florida college towns have remained relatively stable in this slumping real estate cycle. Students, university employees, and faculty keep apartments filled and form a steady stream of home buyers. In addition, retirees and professionals flock to college towns because they’re attracted to the lifestyle and cultural activities.

College enrollment, especially at large public universities, is growing as more children of baby boomers graduate from high school. At cash strapped public universities, dorm rooms are limited and students are often forced to find private housing after freshman year. Houses located just steps from campus are seeing the most appreciation because that’s where students typically want to live. But other areas of college towns also benefit from local academic institutions.

But buying in a college town comes with risks, particularly for Florida real estate investors. Students are known to drink, punch holes through windows, spill beer on carpets, or just not be very responsible. Of course, it’s possible to protect your investment by requiring tenants to provide security deposits and parental guarantees.

Visiting the Boca Raton FL community? Contact Realtor® Caesar Parisi for information on Buying Boca Raton FL Real Estate.

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