Falcon, Colorado is an unincorporated exurb 14 miles northeast of Colorado Springs. As a railroad hub in the early 20th century, the town spent several decades as a quiet ranching community until it experienced rapid residential growth throughout the 1990s. The backstory is  that on September 20, 1888, the first announcement of "Falcon, Colorado" was advertised in the Colorado Springs Gazette. The Falcon Land and Town Company, associated with the Chicago Rock Island Railroad, were selling lots to individuals. By 1896, Falcon had two hotels, a newspaper, six saloons, a pool hall, stockyards, two train depots, two general stores, a blacksmith shop and a school.

Falcon is growing as of late.  Walmart has recently opened a supper store and several fast food establishments have opened also.  Falcon was a little overbuilt and has suffered somewhat.  Several 'new home' builders have stopped building new homes.  A number of neighborhoods have a glut of homes on the market.  The prices have somewhat depressed as of late.  It's a great time to take advantage of the price decrease.  You can get a bigger home at a lower price and let Falcon continue to grow up around you.  Highway 24 and Woodmen Road offer quick jaunts into Colorado Springs from Falcon.