Colorado Springs Real Estate IS a Good Investment

by: Mariana.Wagner on 2008-07-09 @ 8.20:31 am

According to the recent MSN article “66 Cities Where Buying Makes Sense” Colorado Springs real estate is a good investment. This article covered the top 66 cities in the US that had a projected appreciation by 2012 if you purchased a low-priced home today.

This article makes a point that buying a home is not a get rich scheme but a long-term investment. Based on this article, you could expect an appreciation of $1,200 - $4,482 on your Colorado Springs home, depending on the interest rate on your loan.

Interestingly, four of the top 5 (and 6 of the top 10) cities where buying a home makes sense are located in Texas - with McAllen/Edinburg/Mission, Texas projecting an appreciation of up to $90,437 by 2012!

On the flip side, Denver/Aurora CO made the top 34 cities where it is still better to rent with a projected LOSS of up to $11,868 by 2012. The number 1 City where you would be better off renting is San Jose-Sunnyvale-Santa Clara, CA, with a projected net loss of up to $366,603 by 2012. Woah…

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients Choice Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs

“It’s not what’s happening to you now or what has happened in your past that determines who you become. Rather, it’s your decisions about what to focus on, what things mean to you, and what you’re going to do about them that will determine your ultimate destiny.” - Anthony Robbins