Posted by: union03g | December 16, 2009

Forbes Rates Chicago As 5th Most Overpriced City

Forbes just put out a new ranking that has Chicago as the 5th most overpriced city. It’s worth a look but lets remain critical; this data doesn’t account for shadow inventory and isn’t local enough to really be meaningful data. Somehow I doubt Chicago is more overpriced than San Fransisco. Take a look:

http://www.forbes.com/2009/12/03/cities-overpriced-sales-lifestyle-real-estate-miami-florida-homes_chart.html?partner=msnre

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