Since we are making final plans on an apartment, which we are purchasing for investment purposes, I have started to look at all real estate information rather seriously. For example, I found a site that deals with Colorado information and spent some time there to research the value of properties there and how much they are likely to rise in the same time frame as an apartments value will rise here.
The apartment we are looking at is yet to be constructed and will only be ready in late 2009, so by then if we want to move in there ourselves, we can do so, or give it out for rent directly and pay off the housing loan with the monthly rentals. The prices here have been rising pretty quickly in the past few years, and are expected to continue and even escalate in the coming years, so investing in a property is definitely the right move to make.
