Buying a New Home in Colorado Springs Makes Senses
In an article recently published on MSN Real Estate Colorado Springs was listed as one of "66 cities where buying makes sense."
Citing a publication from May 2008, "Ownership, Rental Costs and the Propects of Building Home Equity", Marilyn Lewis from MSN Real Estate writes, "In much of the U.S., you're better off buying despite falling home values." When comparing the cost of owning a home and rental costs, buying a home just makes sense. Colorado Springs was listed as one of the cities where you could reasonably expect to have equity in your home after four years.
A home should be a place from which you build community and enjoy the benefits of your neighborhood. This study adds the assurance that purchasing a home can still be considered a conservative investment opportunity and offers a more affordable solution than renting, at least in cities like Colorado Springs.
