Greater Chicago Real Estate Remains Competitive in Mid-Q2
Greater Chicago stayed a seller’s market in May 2025, with homes selling faster and prices slightly rising. Median home price ↑ 1.1% yearly to $220K.
Greater Chicago stayed a seller’s market in May 2025, with homes selling faster and prices slightly rising. Median home price ↑ 1.1% yearly to $220K.
Nearly 29% of annual home sales happen between April and June, making Q2 the market’s busiest season. Economists predict more activity in Q2 2025 thanks to steady wages, more listings,…
Home values projected to ↑0.8% through Dec 2025. Existing home sales expected to ↑ 12.4% yearly.
Japandi style tops buyer preferences with its minimal, nature-inspired, and calming aesthetic. Scandinavian design emphasizes simplicity, natural materials, and serene neutral tones.
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast…
Flag Day is the American flag's birthday party every June 14th! Flag Day was proclaimed in 1916 but officially recognized in 1949. Talk about a late celebration! Betsy Ross, a…
IMRF approved up to $300M for real assets and alternatives. $75M was committed to a minority-owned investment firm.
Avg home value in 2025: ~$300K Change: ↑ 38% from ~$198K in 2020 Avg mortgage balance in 2025: ~$200K Change: ↑ 13% from ~$178K in 2020 US national 5-yr growth:…
Retiring in Illinois is moderately affordable, placing it at #26 for minimum savings requirements. Minimum savings needed to retire in the state: $873,646 Annual cost of living (total expenditures): $57,383…
Chicago reached 2025 highs in new home listings and properties under contract, with 5,913 new listings and 3,561 under contract. However, closings fell for the second consecutive week to 1,992…