Market Signal Markets are widely expecting the Federal Reserve to leave rates unchanged this week. The real question is what new Fed Chair Kevin Warsh says after the decision. Tomorrow's meeting will likely be remembered less for the actual rate decision and more for the tone, language, and clues investors receive about where policy may be headed next. Market Summary Mortgage rates remain under pressure as investors continue balancing inflation concerns against signs that parts of the economy...

A Constrained System, Not a Reset Year Early in 2026, the housing market is no longer reacting to the shock of higher interest rates. Instead, it is operating inside a set of structural constraints that have become clearer over the past two years. This is not a market waiting on a single event like a Fed pivot, a recession, or a surge in demand. It is a market shaped by limits. Limits on how far rates can fall, how much inventory can expand, how quickly affordability can improve, and how...

Denver Housing Bust? A data-driven breakdown of the October 2025 market. Every few months a scary headline makes the rounds: “91% of homes have lost value.” “Housing recession deepens.” “Denver real estate finally collapsing.” If you read enough of them, you’d think we were back in 2008.But when you dig into the actual numbers, both nationally and here in Denver, the story is very different. Denver is cooling. Some segments are softening faster than others. But a crash? Forced selling? A...