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	<title>Comments on: The Truth About Chicago Area Housing Prices</title>
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	<link>http://blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/</link>
	<description>The real story on the housing market and real estate industry in Chicago and the surrounding suburbs</description>
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		<title>By: Dee TB</title>
		<link>http://blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/comment-page-1/#comment-26</link>
		<dc:creator>Dee TB</dc:creator>
		<pubDate>Sun, 27 Jul 2008 15:09:58 +0000</pubDate>
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		<description>Your decision to purchase a home should not be based solely on the home as an investment.  However, it simply must be a factor--particularly in today&#039;s housing market.  My husband and I purchased home we loved in Baltimore MD in 2006.  We were planning to fix it up and live there for a long long time.  However, less than 1 year later, he recieved a job offer here in Chicago he could not refuse.  So. . .we are back in the market for a home, and our value has declined.  We are renting, and purchasing a foreclosure as an attempt to offset a loss, but for now and probably over the next 3 to 4 years we view this home we loved at one time as a &quot;white elephant&quot; on our backs.  This experience taught us to look for most of the things we really like in a home, its location, and its investment value.</description>
		<content:encoded><![CDATA[<p>Your decision to purchase a home should not be based solely on the home as an investment.  However, it simply must be a factor&#8211;particularly in today&#8217;s housing market.  My husband and I purchased home we loved in Baltimore MD in 2006.  We were planning to fix it up and live there for a long long time.  However, less than 1 year later, he recieved a job offer here in Chicago he could not refuse.  So. . .we are back in the market for a home, and our value has declined.  We are renting, and purchasing a foreclosure as an attempt to offset a loss, but for now and probably over the next 3 to 4 years we view this home we loved at one time as a &#8220;white elephant&#8221; on our backs.  This experience taught us to look for most of the things we really like in a home, its location, and its investment value.</p>
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		<title>By: AsianWeek &#187; Letters to the Editor: APAs Driven Out, Real Estate Prices, Recalling Mom, and the Real Patriots</title>
		<link>http://blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/comment-page-1/#comment-17</link>
		<dc:creator>AsianWeek &#187; Letters to the Editor: APAs Driven Out, Real Estate Prices, Recalling Mom, and the Real Patriots</dc:creator>
		<pubDate>Wed, 21 May 2008 09:01:30 +0000</pubDate>
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		<description>[...] Real Estate Prices: Up or Down It’s not what you think — notice they say median sales prices (“Real Estate Sales Down, Prices Up … How can that be?,” Asian Real Estate, May 9). That does not mean that prices went up. Median prices can be affected by the mix of houses sold. The Case-Shiller Index is the correct way to measure changes in prices. For more information: blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/. [...]</description>
		<content:encoded><![CDATA[<p>[...] Real Estate Prices: Up or Down It’s not what you think — notice they say median sales prices (“Real Estate Sales Down, Prices Up … How can that be?,” Asian Real Estate, May 9). That does not mean that prices went up. Median prices can be affected by the mix of houses sold. The Case-Shiller Index is the correct way to measure changes in prices. For more information: blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/. [...]</p>
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		<title>By: dupage 88</title>
		<link>http://blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/comment-page-1/#comment-16</link>
		<dc:creator>dupage 88</dc:creator>
		<pubDate>Sun, 18 May 2008 01:07:24 +0000</pubDate>
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		<description>[...] Housing is not the great investment that the NAR National Association of Realtors wants you tohttp://blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/Usual suspects on latest list of worst intersections SouthtownStar At her diner on Chicago&#039;s [...]</description>
		<content:encoded><![CDATA[<p>[...] Housing is not the great investment that the NAR National Association of Realtors wants you tohttp://blog.lucidrealty.com/2008/04/25/the-truth-about-chicago-area-housing-prices/Usual suspects on latest list of worst intersections SouthtownStar At her diner on Chicago&#8217;s [...]</p>
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