(COLORADO SPRINGS) — High mortgage rates might be making it difficult to buy a home but a report from Realtor.com ranked Colorado Springs as the top market for home sales. Realtor.com said across the markets identified by Realtor.com economists, the top markets share a common theme; regional concentration in the south and west, considerable recent sales growth, and abundant inventory driven in many cases by new construction and younger populations. The top markets have been able to mitigate the impact of high mortgage rates, having higher shares of outright homeownership with no mortgage debt and more residents eligible for government-backed mortgage loans such as VA loans and FHA loans. Realtor.com listed Colorado Springs as the top market forecasted to see the biggest year-over-year increase in existing home sales in 2025. Realtor.com said Colorado Springs is projected to see an increase of 27.1% in existing home sales. Colorado Springs did have a November median list price of $485,000 for a home.