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July 28, 2006
Smart and Wealthy - Ivy League Students at Rhode Island's Brown University Look to Profit in Sluggish Providence East Side Real Estate Market
Providence, RI real estate near Brown University sees a new breed of buyer. Well-to-do graduate students opt to purchase condos rather than rent apartments or live in campus housing. ProvidenceEastSide.com, Providence Realtors, cater to these Ivy League home buyers.
Providence, Rhode Island (PRWEB) July 26, 2006 -- Students at Brown University are buying real estate on the East Side of Providence, opting to buy condominiums rather than rent apartments or live in campus housing.
Chris Healy, a Providence Realtor with ProvidenceEastSide.com, an on-line service, sees this trend growing in the current "buyer's market."
Students expect the market to rebound by the time they graduate, hoping to "buy low and sell high." Chris says, "Even though their tuition cost may be $30,000+, they are still able to purchase a condo typically in the $200 - 250,000 range. They don't want to sit out this opportunity to build some equity while they study." Visit www.ProvidenceEastSide.com.
Posted by Industrial-Manufacturing at July 28, 2006 11:56 PM