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Published: November 22, 2008
TAMPA - Football fans aware of President-elect Barack Obama's call for a college football playoff have another "poll" they can focus on in the meantime, thanks to Coldwell Banker Real Estate. Since the Akron Zips are ranked No. 1, rather than the Alabama Crimson Tide, this so-called poll, at first glance, could cause football followers more grief than the system that determines the teams for the Bowl Championship Series title game. The real estate company released its rankings of the most affordable and expensive college towns based on a four-bedroom home with a family room.
Although the idea of the College Home Price Comparison Index is a somewhat tongue-in-cheek spoof of the college football polls, there's increasing consumer interest as retirees have begun looking toward college towns as good places to relocate. In addition to baby boomers buying second homes in their favorite college towns, parents interested in buying homes for college-age sons and daughters, another emerging trend, can be a smart investment, said Jim Gillespie, president and chief executive of Coldwell Banker.
Ted Jackovics
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