Val Popovic Realty

11/21/2025

https://www.wsj.com/real-estate/luxury-homes/lincoln-square-chicago-home-prices-d5822edd?st=8uXpJD

Bigger backyards and a shorter commute have made Lincoln Square one of the city’s top destinations for families

01/10/2025

Watch for AI-enabled property management, wellness amenities, mental health enhancing design and rooftop activation to be among the leading trends impacting multifamily communities in the year ahead.

12/28/2024

Street Guys Hospitality — which has restaurants in Washington, D.C., and in their home country of Serbia — is bringing their popular concept Ambar to Chicago.

11/26/2024

https://chicagoyimby.com/2023/03/a-full-breakdown-of-west-loops-development-boom.html

A full breakdown of all current developments within West Loop's borders, ordered by height.

07/05/2024

03/28/2023

As once-fizzy West Coast housing markets sink, Chicago shows its residential resilience.

07/31/2022

City neighborhoods
Woodlawn: $478,500, up 242%
West Englewood: $125,000, up 178%
South Shore: $250,000, up 139%
North Lawndale: $201,000, up 83%
Roseland: $176,277, up 80%
Near North: $2.1 million, up 73%
East Side: $200,000, up 56%
Albany Park: $607,500, up 51%

Suburbs
Sauk Village: $131,000, up 118%
Park Forest: $136,500, up 95%
Markham: $150,000, up 87%
University Park: $183,500, up 77%
Kenilworth: $2.1 million, up 66%
South Holland: $232,850, up 60%
Glencoe: $1.35 million, up 60%

The median price of homes sold in the Chicago area has gone up more than 27% since the pandemic began. That's a pittance compared to what's happening in these 15 neighborhoods and suburbs.

07/31/2022

Chicago-area home sellers this spring reaped the biggest profits of at least the past 14 years, according to a new report.
Sellers in the Chicago area averaged $80,000 in gross proceeds when selling their homes in the second quarter, according to a report from Attom, a property information service. It’s the highest figure in records going back to first- quarter 2008.
With home prices rising fast during the pandemic-driven housing boom, homeowners’ equity stakes grew apace. Just before the pandemic dawned, in the first quarter of 2020, Chicago-area sellers reaped proceeds of $36,000, according to Attom. (That's gross proceeds, not accounting for money the sellers may have spent on improvements during their tenure.)
In the two and half years that followed, their proceeds rose by a little more than 120%.
But sellers here lagged the rest of the country. Nationwide, proceeds averaged $123,869 in the second quarter, up 134% from early 2020.
The average Chicago-area profits were smaller than those in any other city among the nation’s 10 largest. Los Angeles led with $308,000, followed by Boston at about $218,000. Only one big city other than Chicago had average proceeds below $100,000. That was Houston, at about $96,000.
This is a result of—and at the same time, might be a factor in—Chicago’s home prices growing slower than those in most other big cities during the boom. It’s a result because slower price growth means sellers’ equity grows less. It may also be a factor, in that move-up buyers don’t have as much cash coming to them from the sale of their former address to bid up exuberantly on the next one.

In a red-hot market, home sellers are walking away with more money. Here's who reaped the biggest profit.

07/27/2022

The team is noncommittal and the Friends of the Park civic group is already pushing back on the pricey project.

07/19/2022

Despite the recent run-up, home prices haven't outpaced economic fundamentals.

05/02/2022

https://moneywise.com/mortgages/mortgage-rates-news/trends

Adjustable-rate mortgages with lower initial rates are becoming more attractive to borrowers.