As I like to remind you there is entirely too much talk about how high home prices are and how the housing market is in another bubble. Based upon all the talk you would think that the average Chicago area home seller is raking in huge profits on the sale of their home but it’s just not true. It turns out that all the buzz is just gross generalizations and a few months ago I discovered that RealtyTrac collects the data (actually these guys collect a ton of interesting data) that demonstrates just how badly the Chicago area real estate market is lagging the rest of the country.

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