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Denver’s drop no bubble14 Jan

You can fly from Denver to either Las Vegas or Phoenix in less than two hours, and be in metropolitan areas where the housing bubble didn’t just burst, but exploded.

Although Denver, like the rest of the county, has yet to fully recover from the first nationwide housing downturn since the Great Depression, a national report released on Tuesday illustrates that Denver has not been hammered as hard as many other cities once flying high on home prices in the stratosphere, before plummeting to earth equally as fast and hard.

Denver is only one of two of the 20 metropolitan statistical areas tracked by the closely watched S&P/Case-Shiller report that is down less than 10 percent from its peak.


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