"party ends in late 2019" - opinions?

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I'd be interested to hear anyone's thoughts on the article above which cites the following prediction from a Connecticut-based company "Scout Vision":

The company’s five-year forecast, starting in the first quarter of 2017, predicts a 9.3 percent decline in the region’s median home prices.

The comments on the article present some opposing views for reasons such as:

  • the strength and diversity of the region's economy
  • Great Recession of '08 barely made a dent in metro Denver housing prices and they recovered quickly
  • the disparity in prices between CO and the states where the influx of people keep coming from is too high

One other factor I can think of is the continuing expansion of CSU. What do you folks think of the "end of party" prediction?

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