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I just arrived in Chicago on vacation. My family and a bunch of my friends live here.
According to the OFHEO 3Q 2005 Report the 5 year price appreciation for homes in the Chicago area was 47% and the one year rate stood at 9%.
Is Chicago a bubble market?
More investigation to follow. :-)
dc_too,
ReplyDeleteThanks. I posted the link as a new entry.
Hey David! GO enjoy your vacation. :) You crack me up. Posting on vaction.
ReplyDeleteCole @ The Boy in the Big Housing Bubble
Cole Kenny,
ReplyDeleteI may have a blogging addiction. Hmm. No more posts today.
David-
ReplyDeleteNo! No! Don't stop posting!! I have been waiting for news of the Chicago housing crash! My house crash city of interest is Seattle but after a little bit of research I've come to the conclusion that Seattle is tanking big right after Chicago.
So PLEASE: anecdotal Chicago evidence??!! Anyone??!!