
US Home Prices Won’t Go Gentle Into That Good Night
Data released on Tuesday underscored both the impact of the Fed's ongoing quest to extinguish the ho

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I live a few hours drive (only 1.25 hours in the summer 🙂 ) outside of Denver. I hadn’t been into downtown Denver in over a year and last week I spent a few days there doing some Christmas shopping. I was amazed by the number of cranes (a lot)- mostly there for residential construction. Give Denver about 18-24 months (to allow enough time for housing units to be completed) and house prices/rents will definitely come down if the economy has stalled/slowed.