Domain names are not much dissimilar than real estate. In
fact, domains can be thought of as virtual real estate. They
appreciate in value and, like house hunters, many domain
investors look for undervalued or undeveloped domains which
they feel can have a potential to rise in value in the future.
You may also want to know why a domain with no website or
business is worth anything. Think, once again, in terms of
real estate. 50 years ago, people may not have thought a
piece of land in the middle of the Nevada desert would ever
be worth anything. However, today, Las Vegas is one of the
biggest real estate markets in the US. A domain name is just
like a piece of land, while a website or business is like a
hotel on that land.