Are condos the new dot coms?

In the April issue of New Homes Magazine, columnist Don DeBat looks at how the current Chicago condo market compares to both the condo crash of the late 70s and early 80s and the dot-com crash of the early 2000s.

“The early 2000s saw the greatest condominium investment surge in Chicago since the condo conversion boom of the 1970s,” said Steven L. Good, chairman and CEO of Chicago-based Sheldon Good & Company, a realty firm that specializes in auctions. “However, today’s real estate speculators may have recreated the dot-com era of 1999 and 2000.”

Read all about it in “City homes.”

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