Real Estate News

5 Common Reasons to Order a Property Appraisal in Chicagoland

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Benefits of property appraisal with wooden house models from real valuation services

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

Chicagoland Housing Market Update: May 2025

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Chicagoland Market Update May 2025, suburban homes view

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