Most people don't realize they only need $1,000 to be a first time home buyer in Colorado. There is a great program called Chfa which is very easy to utilize. I have two lenders I constantly recommend that specialize in the loan program.
The main reason is that the only people talking about it are some of us as Realtors and some lenders who make public announcements like this to a limited audience. It would be good to hear this more on the national media reports doing stories about the benefits and ease of purchasing a home at this time. Not only can you buy a home for 3.5% down; but there are some special 1st time homebuyer programs that require $1000.00 down or less. Let's keep doing what we can to get the message out to the masses.