According to a recent article from Trulia, a well-known real estate web site, demand for rentals has pushed the pricing up and renting is now more expensive than purchasing in 74% of the fifty largest cities.  Interest rates have dropped even more since the July article, making it a great time to buy a home or invest in long-term rentals. Purchasing real estate to lease is typically a good investment in college areas or near military bases.  Here in Colorado Springs, we have both!