Denver, CO
Keeler: Rockies even had Denver youth league coaches shaking their heads Saturday
It was a youth league play. Only the youth leaguer sitting next to me would never have done it.
“That’s illegal,” Easton English said. The 8-year-old from Parker then rose higher in his seat in Section 126 at Coors Field. “That is Illegal!”
Sure is. When you’re on the express train to 100-plus losses, you’re going to come up with creative ways to lose over 162 games. The Rockies managed to find a new one on Saturday against the big, bad Yankees.
The Local Nine gave up a 10-spot in the top of the fifth that featured three walks, seven hits, 14 batters and a viral moment from second baseman Adael Amador.
As Yankees first baseman Paul Goldschmidt looped a single over the infield and into short right, the sublime gave way to ridiculous. At game speed, Amador appeared to lose his glove in midair as the ball went whizzing over his head. Only on replay, it didn’t look as much “lose his glove” as “fling his glove at the ball during mid-flight.”
“I haven’t talked to him about that,” Rockies interim manager Warren Schaeffer said after Colorado was smushed, 13-1, dropping to 9-43 in a season that’s still got 110 games left. “I’m not quite sure what that was. We’ll get to the bottom of it.”
Actually, young Easton already did. MLB rule 5.06 (4) (C) awards the batter and runner three bases if the fielder is adjudged to have deliberately thrown his glove at a live batted ball and said glove touches that ball. There’s no penalty if the ball is not touched or the removal is perceived to have been accidental. Amador told The Post’s Corey Masisak, through an interpreter, that the glove accidentally slipped. The umpiring crew agreed.
Amador stayed in the game. Goldschmidt’s single made it 9-1 Yankees. The Bronx Bombers plated two more after that to put the game away, so the airborne glove became a moot point.
But back in Section 126, where Easton was watching the game with his family, it became another Rockies learning experience. Another perfect example of what not to do.
Easton, you see, is a center fielder with the Parker Knights 8-and-under baseball team. His father, Kevin English, is one of the Knights’ assistant coaches.
“You ever see a flying glove in Parker?” I asked Kevin.
“Never seen it,” he replied.
“You ever teach a flying glove in Parker?” I asked.
“Never would teach that,” he countered. “Don’t think it would ever come up beyond t-ball.”
English brought the crew to 20th & Bleak because it was a rare Saturday matinee and because Yankees slugger Aaron Judge was in town. He expected some jaw-dropping moments. He didn’t count on a teaching one.
“I mean, that was like 8U ball, that one,” Kevin said. “That many runs (in an inning)? That’s what youth baseball is all about.”
Come for the party deck, stay for the life lessons. The Rockies are 2-10 since firing manager Bud Black, and Colorado finishes May with the Cubs and Mets on the road.
“Everybody knows it’s not Bud’s fault,” Kevin said. “That’s a good baseball guy right there.”
Kevin knows good baseball guys. In the English family, the pastime is more than a legacy deal — it runs in the blood. Kevin’s dad, Randy, was a pitcher at Oklahoma State in the late ’70s. As a Poke, his position coach was Tom Holliday — father of Rockies legend Matt Holliday and grandpa of next-gen baseball standouts Jackson and Ethan.
“Every now and then, (my dad messages me), ‘Hey, the Rockies, they just (stink), don’t they?’” Kevin chuckled. “I’m like, ‘Yeah.’”
Yet English wants to watch the games with his son, the way his dad watched games with him. Even if it means forking over $89.99 to the team directly for streaming access, or $19.99 per month.
“I like bringing my son out because I’m trying to teach him young,” Kevin continued. “It’s a game of failure, right? … You’re going to fail more than you succeed. ‘Watch them do the little things. Watch them hustle. Watch them just do little things over and over before the play.’”
Watch them chuck a glove at a single while it’s in the air!
“It’s kind of funny, because my son never really showed a ton of interest in baseball (before this year),” said Kevin, who, yes, named his Easton after the iconic baseball equipment company.
“I never made him play. I’m not going to be like that. But this year, kind of his first year at it, we’re going pretty good.”
In fact, Dad says, their Knights had more wins (12) than the Rockies (nine) as of Saturday night. Must be the coaching.
“Are you rooting for the Rockies or Yankees?” I asked Easton.
“Yankees.”
“How come?”
“Aaron Judge.”
“What advice would you give Rockies players right now?”
“They should pretend it’s a scrimmage and have fun. Don’t worry if people are on base. Just do what you do.”
Please don’t.
“You know, (Easton) asked me, ‘Are the Rockies any good?’ It’s like, ‘They’re not that good, no. But, you know, they have been good. They have been to a World Series. Rocktober, that was fun.’
“But you just tell them, like, ‘Hey, you’re going to be on teams that aren’t always the best, right? They’re not always good, but your attitude and effort is what you can control when you go out there and you play hard, right?’ So, yeah. You know, (the Rockies) are not going to be bad forever.”
He chuckled again.
“At least, you hope not.”
Want more sports news? Sign up for the Sports Omelette to get all our analysis on Denver’s teams.
Originally Published:
Draft day in Denver ended with a yawn.
But behind the scenes, the Nuggets were pleased by their anticlimactic outcome.
On the clock Tuesday night with the 26th pick in the NBA Draft, the Nuggets chose to trade out of the first round, beginning to replenish an asset pool that was drained by the previous front office regime. San Antonio moved up to No. 26 in exchange for giving Denver the No. 35 overall pick in Wednesday’s second round and two additional future second-round picks.
Denver now controls a 2028 Minnesota second-round pick and a 2031 Sacramento second-rounder, according to league sources. The Spurs selected Connecticut big man Tarris Reed Jr. at No. 26. The Nuggets will go into Wednesday with two picks — 35th and 49th. Multiple teams had already called them to inquire about No. 35 by the end of Tuesday night, one source told The Post.
Co-general managers Jon Wallace and Ben Tenzer have less than 24 hours to decide if they want to use that pick or parlay it into more future draft capital. Part of their rationale for trading back, multiple team sources told The Post, was that they felt the 2026 draft class had a substantial drop-off in talent around No. 20.
What the Nuggets eventually do with their new picks will determine how Tuesday’s trade is evaluated. Second-rounders are often used as trade assets rather than to select playable talent, and Denver’s shortage of them has inhibited its ability to get involved in trade conversations around the league recently. Wallace and Tenzer inherited the NBA’s most depleted war chest when they took over the front office in 2025, whereas adversaries like Oklahoma City and San Antonio are practiced in the art of asset accumulation.
If one first-round pick can slowly grow into a wider swath of lower-quality picks that can subsequently be put to good use in other trades to improve the roster, then No. 26 will have been a worthy sacrifice. That could take lots of time, hard work and negotiating tact.
But the Nuggets are also faced with awkward luxury tax decisions this offseason, and they’re tied to multiple contracts that are widely perceived as having negative value, namely Christian Braun and Zeke Nnaji. If they promptly use their new picks to dump either of those salaries without bringing back any helpful players, it would be a clear indicator that team ownership is prioritizing tax savings over roster improvement.
The front office’s challenge will be to balance and accomplish both goals, which tend to be at odds with each other. At least one salary-shedding move is essentially guaranteed to occur as Denver attempts to retain Peyton Watson in restricted free agency, as The Post reported in April.
Wallace and Tenzer still have not made a draft pick yet in their tenure. For now, Denver will treat it as a win if they can stockpile future picks and right some old wrongs. A seemingly tedious trade elicited applause inside the Nuggets’ war room Tuesday, even as team president Josh Kroenke was caught on camera looking disgruntled by something. His bemusement, according to a source, was in response to some confusion on the other end of the line as Denver was trying to call in the 26th pick on behalf of the Spurs.
San Antonio walked away from the first round with two prospects secured in Reed and Jayden Quaintance. Oklahoma City snagged Aday Mara 12th and Bennett Stirtz 16th — sobering reminders that talent is going to keep on flowing into the two rosters that pose the biggest existential threats to Denver.
Nuggets recent draft history
The Nuggets haven’t drafted in the top 20 since 2018 — the cost of becoming a perennial playoff team as Nikola Jokic entered his prime. They’ve gotten mixed results from their late first-round picks since then, which is typical at that stage of the draft. Five of their six first-rounders this decade are still on the active roster, though only two of them were in the everyday rotation last season: Christian Braun (21st) and Peyton Watson (30th), both of whom were selected by former GM Calvin Booth in 2022.
Nnaji (22nd in 2020) is the third-longest tenured player on the team, but the four-year, $32 million contract extension he signed in 2023 has turned out to be a small-scale albatross on Denver’s cap sheet. Bones Hyland (26th in 2021) was shipped off to the Clippers at the 2023 trade deadline after he caused locker room frustration by walking off the bench during a game. He plays for Minnesota now.
Braun was a bench contributor during Denver’s 2023 run to the championship and signed a five-year, $125 million extension last October. Watson will be a restricted free agent and an offseason priority for Denver’s front office in the coming weeks.
Julian Strawther (29th in 2023) has been in and out of the rotation throughout the first three years of his career, and his role was scaled back last season with Tim Hardaway Jr. slotted in at backup shooting guard. Strawther is eligible to sign a rookie-scale extension before next season, or he’ll become a restricted free agent in 2027. Denver traded three second-round picks to Phoenix to move up six spots for DaRon Holmes II (22nd in 2024), who tore his right Achilles tendon in his first Summer League game and spent most of last season developing in the G League.
The Nuggets’ 2025 first-rounder belonged to Orlando as part of their trade for Aaron Gordon. Their 2027 first currently belongs to Oklahoma City as part of the trade for the pick that became Watson.
Booth’s tenure was characterized by his willingness to mortgage future draft capital for immediate gain — or immediate salary relief. Most notably, he burned through six second-round picks in a matter of weeks during the 2024 offseason to get rid of Reggie Jackson and to move up for Holmes.
The NBA Draft kicks off Tuesday night at the Barclays Center in New York.
The Nuggets, who own the 26th overall pick, are looking to improve a team that was eliminated in the first round of the playoffs for the first time since the 2021-22 season.
Here’s a look at who national draftniks are thinking will land in Denver.
The Athletic | Zach Harper | Updated June 23
Sergio de Larrea, guard, 6-6, Valencia
“It’s hard to say whether the Nuggets will have the roster flexibility to use this pick or if they kick it down the road by trading it. This team needs offensive creation outside of what Nikola Jokić does. Jamal Murray is more of a scorer than a creator, and they’ve been missing that guard off the bench to run some offense through. With de Larrea in the mix, they’ll have good size at the guard position and someone who can orchestrate more.” See the full mock draft.
Sports Illustrated | Kevin Sweeney | Updated June 23
Isaiah Evans, F, Duke
“Evans is a polarizing prospect after two years at Duke. At his best, he’s one of the most dynamic shooters in this draft, capable of getting his shot off with next-to-no separation and regularly going on streaks of multiple threes in short spurts. His overall impact on the game can be muted at times though, especially when threes aren’t falling. He’s a below-average athlete and mediocre defensively.” See the full mock draft.
Other picks:
- Second round, 49th overall pick: Aaron Nkrumah, G, Tennessee State
The Sporting News | Stephen Noh | Updated June 23
Isaiah Evans, F, Duke
“Denver has built a great offense without relying much on 3-pointers. What if they could take an even bigger step on that end of the floor?
“Evans could provide that extra oomph. He’s a good shooter who should be able to drill wide open looks while playing off Nikola Jokic. He has the size to defend capably. And he’s a decent athlete who can attack closeouts well.” See the full mock draft.
CBS Sports | Adam Finkelstein | Updated June 22
Ebuka Okorie, G, Stanford
“The Pistons, Grizzlies, and Wolves have done the most work on Okorie, but Denver has a real need for a paint touch point guard, especially as Nikola Jokic begins to age and they are forced to explore other ways of creating offense. Ejiofor has reportedly been to Denver as well. Veesaar would fit their system; Reed would be another potential backup five if he were available, and Isaiah Evans and Meleek Thomas could provide floor spacing.” See the full mock draft.
Yahoo Sports | Kevin O’Connor | Updated June 22
Ebuka Okorie, G, Stanford
“The Nuggets need some variety to their half-court offense aside from having Nikola Jokić initiate everything. Well, here’s a guy who could help. Okorie is the best driving guard in the class, a 6-1 jitterbug who manipulates defenders with a tight handle, sudden changes of speed, and an advanced feel for the game. He’s not an above-the-rim athlete, though, and not long ago he was a kid from New Hampshire who ranked outside the top 100 and committed to Harvard. Then Stanford found him, he flipped his commitment, and he proceeded to lead the ACC in scoring with eight 30-point games and a habit for hitting clutch shots. NBA teams will have to decide whether what carved up the ACC will survive against bigger, longer defenders.” See the full mock draft.
Other picks:
- Second round, 49th overall pick: Tobe Awaka, F, Arizona
CBS Sports | Gary Parrish | Updated June 23
Koa Peat, F, Arizona
“Peat impacts winning in a variety of ways and was among the reasons Arizona won the Big 12’s regular-season championship before advancing to the Final Four. Good size. Good body. Intriguing prospect. The issue is that he’s a 6-7 wing who doesn’t really shoot, evidence being that Peat only took 20 3-pointers in 36 games with the Wildcats. That’s not ideal for the modern-NBA and why Peat’s draft-range seems vast.” See the full mock draft.
SB Nation | Ricky O’Donnell | Updated June 23
Koa Peat, F, Arizona
No writeup available. See the full mock draft.
ESPN | Jeremy Woo | Updated June 23
Labaron Philon Jr., G, Alabama
“This would be quite a fall for Philon, who has interest in the late lottery from the Bucks if they opt for a guard at No. 13. But it seems likely that one of the point guards falls toward the back of the first round with the way the board has shaped up — particularly in this scenario, where the Pistons don’t take one.
“Philon’s range has seemed particularly wide of late, and teams have speculated that he could slip, with his recent workout for the Timberwolves (who have since traded out of the first round) raising some eyebrows.” See the full mock draft.
Other picks:
- Second round, 49th overall pick: Jaden Bradley, G, Arizona
Bleacher Report | Jonathan Wasserman | Updated June 22
Tarris Reed Jr., C, UConn
“Tarris Reed Jr. has been receiving strong reviews from workouts after putting together a rare statistical season, posting a 9.0 block percentage, 13.0 offensive rebounding percentage and 15.0 assist percentage.
“His combination of strength, paint touch, passing and rim protection should put him in first-round conversations for teams that want bigs.” See the full mock draft.
Other picks:
- Second round, 49th overall pick: Dillon Mitchell, F, St. John’s
USA Today | Bryan Kalbrosky | Updated June 23
Meleek Thomas, G, Arkansas
“The Denver Nuggets tend to look for players with a strong assist-to-usage ratio because they rely on high-efficiency passing and off-ball movement. Arkansas freshman Meleek Thomas averaged 16.0 points, 4.4 rebounds, 2.5 assists and 1.5 steals per game while shooting 43.2 percent on 3-pointers during his 21 games as a starter last season.
“He was efficient using off-ball screens and handoffs and occasionally showed some on-ball flashes as a pick-and-roll ball handler as well. He led the SEC in corner 3-pointers made (32) last season, per CBB Analytics, and his plus-four wingspan gives him solid length as a young guard who is still improving on both sides of the court. Thomas answered one of the biggest questions in college basketball when he decided to turn pro rather than return to the NCAA.” See the full mock draft.
Other picks:
- Second round, 49th overall pick: Dillon Mitchell, F, St. John’s
Want more Nuggets news? Sign up for the Nuggets Insider to get all our NBA analysis.
Home prices are falling in Denver and other areas around the nation.
Scott Olson/Getty Images
hide caption
toggle caption
Scott Olson/Getty Images
A few weeks ago, we asked our readers for ideas and questions for future Planet Money newsletters and podcasts. We got a bunch of great submissions, including an intriguing one from Karl Baumgartner.
Baumgartner is a 29-year-old internal medicine resident in Denver, where home prices and rents have been falling. Depending on which data you look at, the Denver metro area is experiencing one of the steepest — if not the steepest — housing price declines in the nation. Home prices have fallen more than 2% year over year, according to the S&P Cotality Case-Shiller Home Price Index, and even more if you adjust for inflation. Rents have fallen even more dramatically.
“As a renter myself, I am ecstatic about the falling prices,” Baumgartner writes. In fact, he just moved “to a bigger apartment with nicer amenities that I previously couldn’t afford, but now can because rent has fallen.” One of his friends, meanwhile, recently renegotiated her lease for about $500 less per month by showing her landlord that comparable apartments in her area were now going for much less.
“With almost all of my friends being in a similar position at the beginning of our careers with plenty of debt, we are all very excited about the decrease,” Baumgartner says.
So, yeah, falling rents are obviously a win for Denver renters. But Baumgartner is wondering about the broader economic picture.
“We know that negative inflation is bad for the economy in general, and we try to shoot for 2% annual inflation in general. What about negative inflation in the housing market specifically? Are there any downsides to falling prices, or is this just a sign of the market working as it should, with supply finally catching up to demand?”
It’s a great question because economics doesn’t seem to provide a simple answer on whether falling housing prices are good or bad for the economy.
Obviously, falling home prices and rents have downsides for homeowners and landlords. But what about the broader economy?
Sometimes falling housing costs could be a sign that the economy is healthy and the free market is working as economists might hope. Higher prices encourage builders to construct more housing. More supply comes online. Supply comes closer to or may even surpass demand, and housing prices go down. It’s the basic logic behind the YIMBY movement — a pro-housing development effort whose name stands for “Yes In My Backyard” — which argues that housing restrictions have prevented this healthy market process from delivering plentiful and more affordable housing.
Other times falling prices are a symptom of — and sometimes a big contributor to — a community’s economic distress.
So how can we tell the difference?
When falling home prices are bad
Let’s start with a clear bad scenario of falling home prices: Detroit. After years of deindustrialization and socioeconomic problems, Detroit saw a massive drop in population. Between 1990 and 2010 alone, Detroit lost nearly a third of its residents.
Home prices fell by more than 80% during the housing bust of the 2000s.
This wasn’t affordability created by abundance. It was affordability created by economic collapse.
Detroit neighborhoods emptied out and fell into disrepair. At one point, in 2007, houses in Detroit were cheaper than cars. For over a decade, the city has had an official program to demolish abandoned homes and buildings. For many Detroit families, generational wealth evaporated.
TO GO WITH AFP STORY by Joe Szczesny, US-city-Detroit-auto-debt
Curtains flap outside the broken window of an abandoned home December 31, 2014 in Detroit, Michigan. After the largest municipal bankruptcy in US history, Detroit hopes outsiders will see the city’s potential not the history of racial conflict, financial crises and citizen flight that has cut its population in half since 1960. AFP PHOTO/JOSHUA LOTT (Photo credit should read Joshua LOTT/AFP via Getty Images)
JOSHUA LOTT/AFP via Getty Images
hide caption
toggle caption
JOSHUA LOTT/AFP via Getty Images
Falling home prices can make homeowners feel poorer and cause them to spend less, a phenomenon economists call the wealth effect, says Daryl Fairweather, chief economist of Redfin.
Eric Zwick, an economist at the University of Chicago Booth School of Business, says the bigger danger from falling home prices comes from debt, as many of us painfully remember from the 2008 financial crisis. If home prices fall enough, many owners can end up “underwater” — owing more on their mortgages than their houses are actually worth.
It was a big contributor to the Great Recession. One reason the economic damage was so severe, Zwick says, was lax lending standards that preceded the crash. Many homeowners took on too much debt assuming prices would keep rising and when they didn’t, they were overstretched.
“ That created a kind of cascade of forced sales, further price declines, more people defaulting potentially, and then spillovers into the financial system, which then affected everybody,” Zwick says.
Wall Street amplified the problem by bundling risky mortgages into securities that spread losses throughout the financial system.
Because of the role that debt plays in the housing market, a big decline in home prices can hurt not just homeowners, but also “businesses that borrow and everybody else,” Zwick says.
Falling home prices can also hurt important economic sectors, like the construction industry. And they can be bad for a city’s tax revenue.
So, yes, falling home prices can have serious downsides, to answer our reader’s question.
When falling home prices are good
But falling housing prices may not always be bad. Just ask Denver renters!
The housing affordability problem has loomed especially large in cities with roaring economies and not much new development to accommodate growing demand to live there.
Economists have long worried that the lack of housing construction in these places has created a kind of economic traffic jam: when workers can’t afford to live where the best jobs are, they don’t move there, businesses struggle to hire, and the economy doesn’t grow as fast as it could.
The economists Chang-Tai Hsieh and Enrico Moretti published research in 2019, which estimated that “stringent housing restrictions” to build new housing in places like the San Francisco Bay Area prevented workers from moving to where they could be more productive. By their estimate, constraints on building new housing lowered U.S. economic growth by a staggering 36% between 1964 and 2009.
Zwick says subsequent research has found that Hsieh and Moretti overestimated the size of that effect on economic growth. Nonetheless, he says, the broader idea is persuasive: housing scarcity in productive areas slows economic growth.
Denver may be a good example. It’s been seeing solid economic growth and job creation, but as local housing advocate Kevin Matthews of Denver YIMBY sees it, the lack of affordable places to live in the city has been holding Denver’s economy back.
Matthews recalls a large Denver employer expressing concern about the lack of affordable housing. “Their business is growing really fast, and they are trying to attract workers,” Matthews says. “I think it has a big effect. If those workers can’t afford to live here, they’re gonna go elsewhere.”
And similar to how higher home values may encourage homeowners to spend and invest more, cheaper rents may encourage renters to spend and invest more.
“If I’m trying to steel man the case for why falling values can be good, it would be that you are freeing up people’s incomes to spend on other sources of investment in the economy,” says Misha Fisher, the chief economist of Zillow. “If people are spending 80% of their income on housing, that’s not leaving a lot left over to spend on other things.”
Cheaper housing could also nudge more people to make decisions that ultimately serve their community and the economy. For example, Zwick suggests cheaper housing might help encourage family formation. When people are less worried about the cost of an extra bedroom or finding enough space for a family, they may be willing to have more kids. Over the long run, that could mean more workers and more taxpayers, which can ultimately benefit the economy.
Researchers have also linked homeownership to higher rates of civic engagement, neighborhood investment, and other behaviors that can improve communities.
How can you tell when falling prices are good or bad?
So how can we tell when a decline in housing prices is good or bad? We talked to a bunch of economists, and we couldn’t find a simple rule, but we did cobble together some important things to consider.
First, why are prices falling? One potentially important distinction is whether the decline in prices is driven by an increase in supply or a decrease in demand. Put more simply: are prices falling primarily because fewer people want to live somewhere, or because more housing is being built?
Fisher, from Zillow, says demand-driven price declines are often a bad sign. “ That’s usually an indicator that something else has gone wrong,” he says. For example, that the economy is cratering, as was the case in Detroit, or that demand to live somewhere is falling for other reasons, like a rise in crime or natural catastrophes.
By contrast, if price declines are in response to an increase in housing supply, that’s “typically a healthier way to keep home prices in check,” Fisher says.
Fairweather, from Redfin, says land values can provide another important clue. “When a city’s economy is struggling and people are leaving, land typically becomes less valuable,” Fairweather says. “ So when Detroit was going through its recession, its downturn, the land value was dropping because Detroit overall as a city was becoming a less attractive place to live in, to do business in,” Fairweather says.
But imagine a different scenario. A city remains economically vibrant, demand to live there stays strong, but developers are allowed to build a ton of housing — including lots of big apartment buildings — to accommodate the growing demand to live there. In that case, land values might rise even as housing prices decline. Why? Because developers are squeezing more housing units onto each parcel of land.
“ You’re making better use of the land,” Fairweather says. “You’re getting the most economic value out of the land. That’s overall a good thing.”
Matthews, the representative from Denver YIMBY, suggested another metric to consider: the “price to income” ratio. This compares the typical cost of housing to the typical income that can be earned in an area. If the cost of housing is falling, but so are incomes in an area, that’s likely a bad sign. But if prices are falling while incomes are rising, that’s a good sign. It means the economy is doing well while housing is becoming more affordable.
Finally, the size and speed of the price decline matters. Most homeowners can handle small or gradual drops. But a sharp, sudden decline can trigger widespread economic distress, foreclosures, and unleash a cycle that can lead to a recession.
Several YIMBYs we’ve spoken to over the years have suggested the least economically disruptive path to housing affordability is for housing prices to fall in real terms, but not necessarily in nominal terms. That means that home values rise more slowly than wages and inflation, allowing housing to become more affordable without requiring a sharp drop in the sticker price of homes that can cause financial distress to homeowners.
We were curious what our sources thought about Denver’s falling housing prices. Many suggested that it’s been driven primarily by an increase in supply. The city has built a ton of new housing units, especially new apartments, in recent years. That is probably a good sign. Although some did mention the in-migration into Denver has slowed while out-migration has picked up steam, suggesting demand to live in Denver has also cooled.
The downtown Denver skyline is seen from the air.
Kevork Djansezian/Getty Images
hide caption
toggle caption
Kevork Djansezian/Getty Images
But none of our sources suggested what was happening in Denver is any cause for alarm. Most Denver homeowners have seen considerable growth in their home values in recent years, and all our sources agreed that the price fall isn’t dramatic enough to push many of them underwater. This is not a Detroit-style housing crash.
Plus, the fall in prices is providing financial relief to Denver renters, like our reader. Denver may represent something close to the version of falling housing costs that economists hope for: housing becoming more affordable without a broader economic downturn.
Congrats, Karl, on that nice, new apartment.
And for the rest of our readers: Have other questions you want us to answer? Send us an email: planetmoney@npr.org
-
Sports41 seconds agoMLB clears Dodgers’ Dr. Neal ElAttrache after link to Conor McGregor steroids report
-
World11 minutes agoFour Gaza aid flotilla activists released from Libya detention
-
News38 minutes agoAppeals court allows Trump administration expanded use of speedy deportations
-
Los Angeles, Ca2 hours ago‘What’s going on with our society?’ Elderly L.A. street vendor violently beaten
-
Detroit, MI2 hours agoTrailblaze Detroit: Blazing New Trails while Backpacking Metro Detroit | Visit Detroit | Visit Detroit
-
San Francisco, CA2 hours agoGiants open to moving big names before Trade Deadline
-
Dallas, TX3 hours agoReports: Mavericks acquire Sergio De Larrea in four-team Draft night trade
-
Miami, FL3 hours agoMiami Gardens police make arrest in cold case murder from 2019
