Posts with tag 'real estate'
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Rockford Real Estate Online Magazine - July 2014
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Rockford IL Sunday Open Houses
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Our March Online Magazine
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5 Home Buying Tips
As we move closer to a new year and the spring home buying season that follows, it should be time to start thinking about buying or selling a new home. With that in mind, here are 5 Home Buying Tips to help you find your new home. 1. Know What You Want This should go without saying but some home-buyers forget the type of home that suits them best when they see a fantastic price or a home that shows well but yet may no be practical. Decide ahead of time what you're looking for whether that's a new or existing home, a ranch or multistory home. 2. Research, research, research! With any major purchase, research is vital in today's economic world. Once you've decided what type of home is for you, you'll need to learn about the different cities, counties, neighborhoods and subdivisions. A great place to start is Dickerson Nieman's website which has tons of great information about the Rockford real estate market. You'll also be able to search for all...
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Rockford in Full-Fledged Rebound
- The three-month rolling average price hit its highest level in 31 months at $113,178 in July, that's the highest monthly average since January 2011.
- Year-over-year monthly sales have been up 10 out of the last 12 months.
- The Rockford area housing inventory hit the 2,000 level for the first time this year, the highest since last November.
- Overall the absorption rate is 6.49 months or less this year, matching 2007, the year before the housing recession hit.
- New listings, which have been anemic to say the least, are up 7 of 12 months year over year.