Posts in category 'Rockford Realtors'
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John and Diane Dowd Featured in Illinois Realtor Magazine
REALTORS® and spouses, John and Diane Dowd, brokers with Dickerson & Nieman in Rockford, decided to branch out into luxury after attending a session at the National Association of REALTORS® conference in 2005. Realizing there was an untapped niche in their market, they earned their certification from the Institute for Luxury Home Marketing. Success in the luxury niche often builds on previous success and referral. Big sales can help build buzz.Click here to continue reading
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Will Interest Rates Stall the Rockford Area Recovery?
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17094 Campbell Road, Davis, IL
An unbelievable horse property at 17094 Campbell Road in Davis, IL is now available! This nearly 20-acre property has to be seen to be believed. You'll enjoy nearly 2,000 square feet with an extremely open floor plan with a wall of windows facing south. This home has 3 bedrooms, 2 and-a-half bathrooms including an amazing main floor master suite with a walk-in closet anyone would love to have. The house at 17094 Campbell Road in Davis, IL also features cedar-planked vaulted ceilings and six-panel doors throughout. There's also a top-of-the-line kitchen featuring birch kitchen cabinets, granite countertops, walk-in pantry and breakfast bar. Great natural light throughout with skylights too! Security system with security camera and front gate is also included. Entertain guests on the spectacular brick patio with pergola as well as an outdoor fireplace and grill. There is also a wrap-around deck and hot tub, perfect for star gazing and relaxation! P...
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Is Rockford a Buyer's Market?
Many people are currently asking if Rockford is a buyer's market. Let's look at the numbers. Right now, a lack of new listings is driving the time it takes to sell a home to historic lows. Last year, it took nearly 10 months to sell a home in the Rockford real estate market but this past May it took less than 6 months. That's nearly 4 months less time. The last time the absorption rate was this low was in summer 2007. The Rockford market housing inventory his 1,870 homes this May, almost 30 percent less than last year at this time. At the mid-level price range, multiple offers are competing for a scant supply of homes for sale. Properties are getting asking price and then some. Prices for mid-level homes are up double digit year over year and rising at a brisk pace. One of the theories of real estate is that a six-month supply of homes is considered a balanced market. When inventory rises, buyers get the upper hand and prices turn soft; with lower supply, sellers call the sh...
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