Fox News and Trulia report on the value of real estate in college towns like Saratoga.

I came across this post on Trulia’s news update that I subscribe to and think it is worth passing on. Although they have a tremendous amount of great content on Trulia, this post in particular is very relevant to Saratoga. This post features Tara-Nicholle Nelson on Fox News discussing the hyper local nature of real estate, specifically in this case the value of real estate in college towns. I’ve never seen any local stats that show the increase in value and price stability of real estate in Saratoga thanks to the many colleges in our town, Skidmore being the largest. The Skidmore website certainly suggests the obvious benefits to both Skidmore and Saratoga of growing and flourishing together. Perhaps the Saratoga Economic Development Corporation would be a good source of this type of data. I had a look around their website and while they do have some interesting data on the number of higher education facilities in the greater capital region there is no data to support the Trulia/Fox news report.  If anyone has any stats on this subject it would be great to make it public, it can be posted to the comment section here if you like. With all the attention being paid to Luther Forest these days it’s easy to forget the vast economic impact that all of our colleges and universities bring to this community. Here’s the link to the Trulia/Fox news piece:  http://cli.gs/T98J74