Why Chicago Was Named the #1 Big City Again — and What It Means for Chicago Home Values For the ninth year in a row, Chicago has been named the No. 1 Big City in the U.S. by Condé Nast Traveler in its 38th annual Readers’ Choice Awards. Over 757,000 readers voted—and once again, the … Read more
Why September Home Sales Matter for a House Appraisal in Chicago If you’re preparing a home purchase and house appraisal in Chicago, recent September housing data offers valuable context on what your property may be worth today. Appraisals are tied closely to market conditions — and the latest numbers from the Illinois REALTORS® show a … Read more
What July’s Chicago Home Sales Tell Us About Real Estate Valuation and Advisory Services Summer is often one of the busiest times for Chicagoland real estate, with buyers eager to move before school starts and sellers aiming to catch the season’s peak demand. July 2025 was no exception—bringing a mix of strong prices, quick sales, … Read more
Unlocking Property Value: The Friendly Guide to Real Estate Appraisers in Illinois Navigating the Illinois real estate market? Whether you’re buying, selling, or refinancing, understanding your property’s value is key—and that’s where real estate appraisers in Illinois come in. These licensed professionals offer unbiased, data-backed evaluations that help you make confident real estate decisions. In … Read more
Did You Know? Over 125,000 Property Appraisals Are Completed in Chicago Each Year Every year, thousands of property appraisals are conducted across Chicago—and the demand continues to rise each year. From mortgages and refinancing to tax reassessments and estate settlements, valuation services play a central role in the Chicago area real estate ecosystem. How Many … Read more
Why Accurate Real Estate Appraisals Matter in the Chicagoland Market In a competitive market like Chicago, an accurate real estate appraisal isn’t just helpful—it’s essential. Whether you’re buying, selling, refinancing, or managing an estate, the appraisal serves as the foundation for informed decisions and fair transactions. What goes into producing an accurate real estate appraisal? … Read more
Intro: Whether you’re buying, selling, refinancing, or resolving a legal matter, real estate property appraisals play a vital role in determining accurate home values. At Real Valuation Services, we’ve completed over 250,000 residential and commercial appraisals across the Chicagoland area—and we’ve seen just about every scenario. Here are five of the most common reasons our … Read more
As of May 2025, the Chicagoland housing market remains firmly in seller’s territory, with strong year-over-year price growth and tight inventory continuing to define local real estate conditions. Home Prices Continue to Rise According to Rocket Homes, the median home sale price in Chicago rose to $374,309 in April—up 7.1% compared to last year. This … Read more
