Tuesday, January 30, 2007

Welcome to the Windy City Housing Bubble Blog!

I'll be posting relevant content to the Chicago housing market, it seems that the midwest is behind in just about everything, including the realization that we too are affected by the national housing bubble. There are many sites that look in great detail about the most obvious bubble markets such as Florida, Phoenix, SoCal, etc. I'd like to give a perspective on the Chicagoland market that is often left out of the discussion in favor of the sensationalism of the "big" bubble cities.
Even though we did not see price appreciations of the magnitude of San Diego or Phoenix, things are still out of whack in many of the desirable neighborhoods in the city, as well as certain suburbs.
Stay tuned!

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