Aug
06

What Top Colleges and Chicago Real Estate Have in Common

August 06, 2013

top Chicago colleges affect Chicago real estateWhat do college rankings and Chicago real estate have in common? On the surface, it may not seem like much, but in fact, schools play a huge role in determining just where home shoppers decide to buy their new home.

When it comes to school districts, most buyers only want the best for their kids. In fact, a recent Realtor.com survey found that three in five homeowners say school districts played a major role in their home buying decision, and that they were willing to pay extra for better educational opportunities. While this survey is only referring to elementary through high schools, there is a similar process when it comes to colleges.

While you may only be thinking about your child’s K through 12th grade education right now, eventually they will mostly likely move on to higher education. When that time comes, living near top-ranking colleges can save you money. These days, college tuition seems to be rising faster than ever, and by living in the same state or even the same region as a top college, you can save on tuition and living costs.

Plus, top colleges also tend to attract top students who could one day become a part of the same community’s work force. And, once these students have found a post-college career, they are going to need a place to live. This means that having good colleges will boost the overall economic quality of the school’s surrounding neighborhood.

This being said, what are some of the top colleges in Chicagoland? Forbes.com’s America’s Top Colleges list ranks three Illinois universities in the top 100 in the nation.

So, next time you’re on the hunt for a new home in Chicago, remember to keep Illinois’ top higher education institutions in mind.

Categories: Education, Featured

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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