At The Byrne Group, we understand how overwhelming the decision to buy a home can feel—especially with today’s interest rates and home prices. But here’s the reality: waiting might be the most expensive decision you make this year. Let’s break down why now could be the right time to make your move in the Colorado property market.
Prices Are Still Climbing
Despite hopes of a price drop, experts project continued growth in home values. That means today’s price could be tomorrow’s deal. With the average home price in many markets sitting at $700,000 or more, a 3% annual increase over two years could add over $42,000 in equity—money that could go toward your future, not your landlord’s.
The Power of Seller Concessions
Right now, over 50% of home sellers are offering concessions. These incentives can help buyers “buy down” their interest rate, making monthly payments more manageable in the short term. This means you may not have to wait for rates to drop—some of that relief is already baked into today’s deals.
Refinance Later, Save Long-Term
This is where the “rent the rate” concept comes in. Buy now, take advantage of seller concessions or builder incentives, and refinance later if rates decline. That gives you the benefit of today’s prices with tomorrow’s interest savings.
New Construction Offers Even More
For Colorado homebuyers, new construction is a hot opportunity. Some builders are offering rates as low as 5% to 5.125%, making them competitive even in today’s lending environment. Add in the modern features and fewer maintenance concerns, and it’s easy to see why many buyers are making the switch.
Let’s Talk Strategy
Buying a home is a major financial move—but you don’t have to do it alone. Whether you’re a first-time buyer or looking to upgrade, The Byrne Group is here to walk you through the options, analyze the numbers, and help you make a move that builds real wealth.
Contact us today to learn more about current buying opportunities in Colorado’s dynamic real estate market.
