In a study out today published by Standard & Poor’s and Fiserv Inc,  home prices in Denver increased for the second consecutive month, and show the lowest year-over-year decline of the 20 cities included in the closely watched S&P/Case-Shiller index.

 

On its own, Denver showed a 1.5 percent increase in prices for April — only Dallas, at 1.7 percent, did better — and a 0.1 percent increase in March.

 

The year-over-year decrease for Denver was 4.9 percent, the best showing off any of the major cities in the index. Dallas, with a drop of 5 percent, was a close second according to the Denver Business Journal which published the report.

 

Just another sign that it is time to act before the deals are gone and the mysterious “bottom” we all search for is just that, a mystery we hope to find again.