House prices, especially in the western part of the country, are as high as ever.
According to MarketWatch, the S&P/Case-Shiller 20-city index rose 5.7 percent over a three-month period ending in January compared to the year prior.
Seattle, Portland, Denver, and Dallas had the sharpest 12-month changes.
In San Francisco, which had become too hot for its own good, the market seems to have hit bottom and rebounded. Prices there rose 6.3% compared to a year ago, the second month of accelerating annual prices.