Imagine our surprise, and delight, Thursday, when we received a Google Alert that ChicagoCondosOnline.com, our Web site, was mentioned on Wall Street Journal Online (WSJ.com).
When we linked to the site, we saw this fascinating article, entitled "How to Find Foreign Buyers for U.S. Properties," by June Fletcher, in her column House Talk:
Q: Where can I find a real estate agent who focuses on selling U.S. properties -- specifically condos around Millennium Park in Chicago -- to foreign buyers? --Ellis Levin, Chicago
A: Your instinct to look overseas is a good one . . . . Urban real estate in major U.S. cities costs much less than it does in many other industrialized nations.
According to the Global Property Guide, an apartment in London costs $28,355 per square meter ($2,637 per square foot), and Paris $15,670 per square meter ($1,457 per square foot).
By comparison, according to Chicagocondosonline.com, the median sales price in 2007 for a Chicago condo was only $294 per square foot, which comes to $3,165 per square meter.
Our thanks to the Journal (and, probably, to Google). And to God, for allowing us to live in such luxury for so little in Chicago!
Friday, May 9, 2008
Wall Street Journal Online Cites ChicagoCondosOnline.com
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