Buying a Home in Colorado Springs

At just over 6,000 feet above sea level Colorado Springs sits at the eastern edge of the breathtaking Rocky Mountains.  Colorado Springs started out in 1871 as a resort town and with the high number of English tourists coming into town, it quickly earned the nickname “Little London.” With half a million residents Colorado Springs is now the 2nd largest city in the state of Colorado and the 42nd largest city in the United States.

Colorado Springs has roughly 300 days of sunshine a year. There are many health conscience folks moving here because of the cozy mild and dry climate with fairly dry winters and occasional snow fall.  When it does snow, though, it doesn’t stick around too long as the temperatures vary from day to day.  It’s not unusual for it to be cold and snowy one day and then have bright sunshine and 60-degree weather the next. You’ll typically see the majority of rainfall in the spring months along with the greatest temperature shifts. Spring in Colorado Springs means you’ll run the gamut of weather conditions: snow, rain, and sunshine. In the summer, you’ll find relatively low humidity with warm temperatures throughout the day along with the occasional thunderstorm with pleasant and mild temperatures in the evening.

The Colorado Springs and the Pikes Peak region feature some of the most amazing parks and recreation in the nation.   There are currently over 9000 acres of parks, 500 acres of trails, and 5000 acres of open spaces in the region. The Garden of the Gods Park has spectacular towering red rocks and miles of hiking trails. You’ll find great views and plenty of wildlife watching opportunities at the new Cheyenne Mountain State Park.  Most of the parks in Colorado Springs are open to the public, free of charge and are great locations to view wildlife.

The local economy in Colorado Springs is mainly driven by high-tech industry, tourism, and the military.   The service sectors of the economy are seeing the most growth but the high-tech industry is still strong with businesses like Verizon, Hewlett-Packard, SAN, Intel, LSI, Atmel, and Cypress Semiconductor.   Additionally, the defense industry is still playing a major role in the economy and has some of the largest employers in the area.  The major players in the defense industry are Boeing, Northrop Grumman, Lockheed Martin, General Dynamics, Harris Corporation, and The Space Foundation.

The overall quality of life in Colorado Springs is wonderful, it’s consistently listed as one of the best places to live in the U.S. in categories such as median household income, median home values, school ratings, etc.  It’s just a great place to buy a home, or for those who are not able to qualify for a traditional mortgage, it’s also a great place to rent-to-own a home.

Check out our rent-to-own home listings in Colorado Springs, CO today!