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Old 12-08-2006, 09:36 PM
tommy2 tommy2 is offline
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Join Date: Jan 2004
Location: Chicago, IL
Posts: 249
Default Re: Ask tommy2 about Real Estate

[ QUOTE ]
Tommy,

Really glad you posted this thread. I'm currently in DC (terribly overpriced), and will probably be moving back to the Chicago area in the next 2-3 years.

Any suggestions on the best neighborhoods to look at that still aren't too overpriced? I'd obviously prefer a townhome over a condo, but I'm probably priced out.

I miss chicago!

[/ QUOTE ]

I'm in commercial real estate, so I am not that clued in to residential stuff...but, I'd look at Logan Square as a starting point. Is it simply a case of economics? If so, there will be cheap condos all over Chicago in 2 years. Thousands of units are still coming on line into a market that is at best at equilibrium.
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