Denver: Cherry Creek
Prices in Denver fell just 5.5% in the past year, the smallest price decline of 20 major U.S. markets measured by S&P/Case-Shiller. So while there might not be jaw-dropping steals in Denver, prices never exploded during the boom, and National Association of Realtors chief economist Lawrence Yun says this market could be the first to rebound.
This 3,600-square-foot town house in Cherry Creek is within walking distance of several parks and the upscale Cherry Creek Shopping Center. And Denver's Opera house is just a ten-minute car ride away.
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Last updated June 12 2009: 9:45 AM ET
Source: Source: S&P/Case-Shiller Home Price Index
