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Denver at the bottom (a good thing!)

Here is the latest S&P/Case-Shiller update on home prices around the country…

Metro Area 1- year change %
Phoenix -35.2%
Las Vegas -31.7%
San Francisco -31.0%
Miami -29.5%
Los Angeles -24.1%
Detroit -23.6%
Tampa -23.0%
San Diego -22.9%
Minneapolis -20.3%
Washington -19.2%
Chicago -17.6%
Seattle -15.4%
Atlanta -15.3%
Portland -14.4%
New York -10.3%
Charlotte -9.4%
Cleveland -8.5%
Boston -7.2%
Denver -5.7%
Dallas -4.5%