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Neena Vlamis…, Real Estate Pro in Chicago, IL

Which neighborhood in Chicago is currently seeing the highest appreciation in home values?

Asked by Neena Vlamis - Lender, Chicago, IL Fri Mar 2, 2012

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No surprise, but it seems like Lincoln Park has been the most resilient neighborhood over the past year. There are single family homes in areas of Ravenswood, Lake View and North Center that have sparked some bidding wars due to the low inventory, but overall homes prices have still been falling.
1 vote Thank Flag Link Fri Mar 2, 2012
Chicago as a whole has been dropping at one of the highest rates for median home prices. But if you look at the immediate downtown area, Near North Side & even Lincoln Park, the values have been kind of holding firm and getting a lot of sales.
0 votes Thank Flag Link Sat Mar 3, 2012
According to all accounts home value in Chicago is still falling due to all the foreclosures and short sales on
the books and massive inventory in Chicago is contributing to the decline of home prices..
Debbie Bergthold-Smith Classic Real Estate
0 votes Thank Flag Link Fri Mar 2, 2012
I like the stability of Lincoln Square without the congestion of Lincoln Park. Most of the single family homes have maintained there value through out they last 4 years.
0 votes Thank Flag Link Fri Mar 2, 2012
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