Thursday, September 13, 2007

Chicago not Second, Third or Tenth City

Chicago is NOT one of the top ten cities with overextended homeowners, whose housing payments of more than 50% of their income put them at great risk of foreclosure. As The Real Estate Blogger points out, the cities represented on the list are also those with the most dramatic (illusory?) gains over the past few years. Turn to "USA Today" to read the source story in full.

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