Found 1 blog entry tagged as el paso county real estate.

Summer ended with more homes on the market than Colorado Springs has seen in years, and fewer buyers competing for them. That combination has not existed here since before 2020. If you sat out the spring because everything felt overpriced and rates felt stuck, the fall setup is measurably different, and not in the way most headlines suggest.

Here is what actually changed over the summer, what it means for the next ninety days, and the one financing rule change that is quietly reshaping the entry-level end of this market.

Where mortgage rates actually sit

The 30-year fixed averaged 6.65 percent in the third week of August, down slightly from the week before. The 15-year sits near 5.95 percent. For context, the 30-year was roughly 6.58 percent at…

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