Now is certainly the time to buy in Boston - prices are down and rates are low. It's the perfect storm! More importantly for your situation, rental rates are high. You will be shelling out some serious cash to house your son during college and it makes a lot more sense to put this money towards building equity in a condo.
I would be happy to search condos in and around Northeastern for you but I will need a little more information (i.e. price range, size, parking needed?) You can reach me at email@example.com. I am a buyers broker in the boston area and I know the market very well. Feel free to visit our site at http://boston.condodomain.com/
City Vice President - Boston