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State College Information
Welcome > Local Info > State College Information ...

About the State College, Pennsylvania Area 

Return on Investment
Besides the obvious family benefits of schools & safety, both features play into an area's quality as an investment.  One reason college towns are particularly attractive to investors is because there's always a fresh flow of renters (whether students or professors) and university towns tend to be less expensive than major metro areas, making it easier to cover buying costs.

You can really make the numbers work if you've got a kid who is going to be in school for four years & you get a home with four bedrooms.  With housing, sometimes it's hard to make rent meet the mortgage payments, but for four or five kids living in a home, it's not too bad.

Of course  there's an important condition, which is having one resident related to the landlord & possibly economically incentivized, if you have your own kid living there, they're not going to tear it up.....hopefully.

There's another advantage for parents buying an investment property in a college town, especially their own alma mater.  Anytime they head back to school for a big football game or to see their child, they can write off part of the trip since it's to - in part - inspect a rental property.

College towns are also attractive locations for corporations, especially those in highly information-driven industries.  Just examine the wealth of biotech firms in Boston or the number of technology or venture capital firms in and around Palo Alto.  Work done at Harvard or Stanford, for example, churns out highly qualified employees as well as dynamic start-up firms.

Research universities can spin off entrepreneurial companies through the commercialization of the university's intellectual property as well as the talented graduates and drop-outs that want to stay in the area and start their own companies.

In combination, these cities offer about as good a quality of life as it gets.

#4 of the list.....State College, PA...."Penn State University"
While most people aren't sure what exactly Penn State's mascot, a Nittany Lion, is, the teams bearing that logo finished ninth in last year's Director's Cup.  Home prices for a four-bedroom house are an average of $307,500.  Public schools rank second of the college towns measured (even though this is technically a borough) and State College had the lowest violent crime rate of college towns measured, according to FBI data.

These Websites will assist you when looking for general information about the Centre County Area:
If additional information is needed, feel free to email us directly at lindalowe@aol.com or ryanslowe@yahoo.com
 

Local School District Websites 

Bald Eagle Area School District: http://www.beasd.org
Bellefonte Area School District: http://www.basd.net/
Penns Valley Area School District: http://www.pennsvalley.org/
Philipsburg-Osceola Area School District: http://www.pomounties.org/pomounties/site/default.asp
State College Area School District: http://www.scasd.org/scasd/site/default.asp

Free School Reports: http://realestate.yahoo.com/Schools

It's our job to know EVERYTHING about Centre County! 

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Real Estate Tips
Real Estate Contracts >Selling Before Buying

Timing can sometimes be difficult if you have to sell a home before you can buy another one. Most people need the equity from the sale of their first home for the down payment on the new house. If your present home goes on the market first, you may be concerned that it will sell before you find the one you want to buy. On the other hand, if you find the perfect home before your present home is under contract, the sellers may be reluctant to accept your offer, and you may be too nervous to sign a contract.

It is a good idea to sit down with a good real estate agent for some professional advice before you begin your search. It will probably be necessary to be flexible on the closing date, because it can be easier to find a home that you want to buy than to sell your present home. After finding the house you want, you can ask the lender about arranging a short-term bridge loan that can make the purchase possible before you sell your current residence.

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Real Estate Trivia
Q 
Which city in the U.S. has the longest formal name, but the shortest abbreviated name?

A 
El Pueblo de Nuestra Senora la Reina de los Angeles de la Porciuncula is the full name for Los Angeles, known as "LA".
See More Real Estate Trivia >


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Linda & Ryan Lowe, REALTOR®, real estate agent and broker for State College, Bellefonte and Centre County, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT

Linda & Ryan Lowe
RE/MAX Centre Realty

1375 Martin Street
State College, PA. 16803
800-860-6226 ext. 305/352
814-231-8200 ext. 305/352
Fax: 814-861-4615
Email: lindalowe@aol.com
ryanslowe@yahoo.com

Since Linda started selling real estate in 1988 she & her team have sold over 4000 properties and have given our buyers & sellers NUMBER ONE SERVICE!! This kind of experience cannot be found in books or classrooms. It comes only from meeting the needs and fulfilling the demands of hundreds of clients. Linda Lowe knows the techniques and methods that get results. She is continually looking for ways to increase her knowledge and better serve you. Linda's clients enjoy the benefits of a service-centered philosophy that puts top priority on meticulous attention to every detail. Combined with Linda Lowe's Team, you are assured a fast response to every question and concern and a smooth hassle-free transaction. License# RS167590L

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