Hello, This is a very good time to purchase a property in State College. You need to talk with an experienced REALTOR in the area to learn about the trends and find a property that will be an investment. I would be happy to talk with you. My email address is kristie@clearprop.biz

Hong,
I have to agree with both of those individuals...it is definately a good time to buy but not to sell! If you need any information or assistance with financaing...give me a call at 570-244-2649. I am in the Lock Haven area which is really close to State College. My website is http://www.northridgefinancialgroup.org and my e-mail is northridgefinancialgroup@comcast.net. I look forward to hering from you!
Thanks
Mariah

Hi Hong,
The rise in one-bedroom properties is most likely due to the high demand for Downtown Condo Properties which have become a hot commodity in State College. The demand is partially due to a high volume of investors who feel buying condos in college towns are a sound investment. Another reason is due to the increase in the number of parents who wish to purchase a property for their son/daughter to live in while they are in college. Parents choose this option so that they aren't throwing thousands out the window for 4 years worth of rent or dormitory fees.

When I compare properties, I usually like to keep the comparables the same, when you are talking about 2 or 4 bedrooms, are they also condos/townhouses or are they single-family dwellings?

If you would like further clarifications, you can feel free to email me (nchen@remax.net) or post a new question.

Thanks,
Nina

Hi Hong:

What I tell my investors is, "It's never a bad time to buy Real Estate, just a bad time to sell". If you are going to live in this property for the next 4 to 6 years, chances are you will do well with the investment. However, have a professional Realtor check on the property and get their council first.