If you are buying your first home, one of your first questions is “How much home can I afford?”. The best way to determine this is to speak with a competent lender who will work with you to buy now or help you position yourself to buy in the future. You will find links to lenders who can assist you in the LINKS section. There is no obligation to check them out. These are all lenders I know and trust to work with my clients. Right now the median home price in the Colorado Springs area is $195,000. This is an increase from a year ago when the median price was $182,850 according to PPAR statistics from April 2004 to April 2005. Interest rates are still staying low for the moment. If you would like to know what your payment would be on a specific home price, contact me and I would be glad to help you determine what homes in Colorado Springs would fit your desires and finances. After all, you still want to have money left over for fun too!!