It all depends partly on your tax situaton. Let's assume the market stays stagnant or even falls a little. Okay.
For example, if you can buy a house for $300,000 now and sell it in 3 years for $300,000 (minus the 6% plus closing fees, so guess 7%) so you have $279,000. Some people don't think that's a good investment.
But you have to live somewhere for 3 years, so a $2,000/mo (min) rent x36 months is $72,000 with no tax breaks.
At least with a primary residence you have tax breaks.
However, if you think you are going to be in CO Springs less than 3 years, you might want to reconsider buying simply because many very good homes are taking 6-9 months to sell right now. That is partly because buyers are wary and partly because many potential buyers are not able to secure loans at low rates because of the credit crisis. That should change by 2011, but it is something to consider.
Just my opinion. :)
Best of luck!