How do you go from deciding to buy a home in Colorado Springs to closing on the right property? A new report by the Colorado Buyers Agents Association explains more about understanding the housing market and why it’s important for new homebuyers like you.
Homeownership shouldn't be complicated, but it is—all those compliances, fees, and paperwork can overwhelm any homebuyer. Now, add the challenge of finding and closing on a home in what has been termed 'the hottest real estate market in the country'—Colorado Springs.
A new report by the Colorado Buyers Agents Association showcases that Colorado Springs's growing inventory of homes and 17.3% increase in year-on-year home sales make it the best place to buy—and why not?
It's home to some of the world's largest aerospace, defense, and tech firms, has a relatively mild climate, and consistently ranks among the best places to live in the United States. Finding a home here isn't easy; you'll need professional help.
So why do first-time homebuyers and investors stand to benefit from the services of exclusive buyer's agents?
Buyers agents play an important role in highly competitive real estate housing markets because preparation and flexibility are key to countering price fluctuations and tightening supply.
Typically, a buyer's agent will:
Much of an agent's work is behind the scenes, and your agent must consider mortgage rates, market data, and other economic factors while helping you close on your dream home. Remember, the role of an exclusive buyers agent is to negotiate on your behalf and advocate for your best interests—an exclusivity that prevents any conflict of interest.
The National Association of Home Builders and the Mortgage Bankers Association predict a marginal decline in mortgage rates through early 2025, and this is big news for exclusive buyers agents at the Colorado Buyers Agents Association. As a customer-facing real estate professional, your agent must prepare to support the resultant surge in buyer demand and account for many more competing offers on a home.
The Colorado Buyers Agents Association's state-of-the-market report, 'Buyers Agent in Colorado Springs: 2025 Housing Market and Opportunities,' acknowledges the challenges of 2023 and 2024 but looks forward with optimism amid employment growth in the region.
If you're taking out a mortgage, a rate change of even a single percentage point could mean over $50,000 saved in interest over the life of the loan, and a buyer's agent can help you save on your mortgage. That's why your agent will monitor mortgage rates and recommend the right time to enter the market.
An experienced buyer's agent can guide you based on their expert knowledge of current trends and neighborhood-level information, which is invaluable if you're a first-time homebuyer moving to Colorado Springs.
To find an exclusive buyers agent, visit https://homebuyerscolorado.org/find-buyers-agent/
The Colorado Buyers Agents Association, managed by Skyfor, Inc., is a group of exclusive buyers agents serving homebuyers in all major CO cities, including Colorado Springs, Denver, Frisco, Boulder, Evergreen, and Grand Junction. The association has a national presence and functions as the National Buyers Agents Association.
To learn more about opportunities in the Colorado Springs housing market, read the complete report here: https://homebuyerscolorado.org/buyers-agent-in-colorado-springs-2025-housing-market-and-opportunities/
