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Old 12-14-2007, 04:44 PM   #4605
Cletus Miller
the poor-man's spuckler
 
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Join Date: Apr 2005
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Quote:
Originally posted by Did you just call me Coltrane?
Yet, Chicago hasn't really been hit that hard. We really never had the huge run-up that Florida/Cal/Phx/Vegas did, so prices have leveled off substantially, but not significantly dropped.

ETA: although maybe that's not the case for fungible high-rise condos.
Prices haven't really started dropping yet, but the re-sale market (and the new market, too; Trump apparently hasn't signed a contract on anything in months) for DT condos is pretty much D-E-D. Houses in my (city) neighborhood are lingering for quite a while and a number have had modest price reductions.
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