Denver

Denver is reaching heights with its altitude and foreclosures. The Mile-High City is No. 9 among the top 20 cities with the largest foreclosures in 2007, according to RealtyTrac. Prices, however, are on their way down.
Median price end of 2007: $230,100
Median price end of 2006: $245,600
% change: – 6.3 %
Projected change through Q3 2008: – 9%
Affordability rating: 3.2
Foreclosures in 2007:
(1 for every 38 households)
26,632
Foreclosures in 2006:
(1 for every 48 households)
20,841
Change in foreclosures: + 27.8%
Current rate comparison
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Click here for state vs national rates
Price trends

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June ’06: National median price $227,100
Dec. ’06: National median price $221,900
Dec. ’06: Local median price $245,600
June ’07: National median price $229,200
Dec. ’07: National median price $198,700
Dec. ’07: Local median price $230,100
* Median prices for existing single-family homes