What do you mean home prices declined?

If you’ve been tracking headlines on the business pages in recent months, perhaps you were caught off guard by the news that home prices declined in some Front Range communities.

After all, isn’t the market still blazing hot? And haven’t Fort Collins and Greeley and Boulder and Denver been experiencing some of the fastest appreciating housing prices around the country?

First, the answer to these two questions is yes. And no, you didn’t imagine the headline about prices declining. Briefly, while the overall market remains at…