Posts with tag 'realtors'
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17
Our March Online Magazine
18
What to Know Before You Buy
27
June Anniversaries
14
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...
22
Dickerson Nieman Agent Alisa Patterson Named Byron Chamber Citizen of the Year
Dickerson Nieman's Byron office's Managing Broker Alisa Patterson was named the Citizen of the Year by the Byron Chamber of Commerce. Here are remarks from the award presentation ceremony… "This individual is a quiet force in the Byron Community. Although a very successful business woman, she will tell you that her most important titles (and she has MANY) are a wife and mother. She has found an impressive life balance while remaining a force in the business community. She encourages appreciation of the Byron area and her enthusiasm is contagious. This individual is a VERY active Chamber member, always willing to assist with the different events and activities and more than willing to provide as much sponsorship dollars as possible to ensure successful events. It was stated that this person is the epitome of the quiet contributor, and hopefully, shining the light on her with this award will encourage other quiet contributors to keep up their good work in the community. As alre...