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April
17

5551 Shaw Woods CL, Rockford, IL 61107, MLS #201301287

April 17th, 2013 by maureen

Custom home designed by one of Rockford's most respected and influential architects, Edward Ware. Ware was a locally and nationally recognized architect who designed more than 100 churches, numerous banks, several junior colleges and many residences in northern Illinois and around the country including this property at 5551 Shaw Woods Cl in Rockford. This custom home features 5 bedrooms as well as 5-and-a-half bathrooms across 4,200 square feet on nearly an acre of property. Other features include…

3.5 car garage
800 square-foot finished lower level
3 fireplaces
Front/rear staircases
1^st floor office/bedroom
Professionally landscaped
Sprinkler system
Alarm system
Home warranty
Wooded cul-de-sac
Agent-owned

To learn more about this home or to see more pictures,

Click Here to Read More...

Categories: Rockford Realtors

Tags: rockford, homes for sale, dickerson nieman, rockford homes for sale, rockford real estate

April
16

Home Prices to Soar?

April 16th, 2013 by maureen

The kickoff of the all-important spring season is arriving just as home prices are going up. Prices today are rising because supplies of homes are low. The absorption rate (number of months it takes to sell a home) in the Rockford area in March was 5.87. With the January rate of 5.94 and the February rate of 5.73, this is the first time absorption rates have been at the five months level since 2007, before the housing bubble burst. For existing homes, there are fewer distressed properties for sale, putting less downward pressure on prices (first two months this year recorded the fewest foreclosures in Winnebago County since 2007). Experts say the 5.87 months' supply of unsold homes and rising house prices point to an acceleration in house price gains in the year ahead.

Categories: Rockford Realtors

Tags: real estate, rockford, dickerson nieman, realtors, real estate agents, home prices

April
15

Get Ready for the Milennials

April 15th, 2013 by maureen

A generation that's 90 million strong, Milennials (or Generation Y) form the largest demographic in the nation's history – even larger than the Baby Boomers. Now that the oldest are in their early 30s, they're preparing for home ownership. Generation Y has yet to enter the housing market en masse. They're slow to move out of their parents' houses and slow to get married. Student debt and a tough job market have burdened them. Milennial unemployment rate of 10% is two points higher than the US average rate of 7.7%. The pent-up demand, however, is starting to surface, spurred by rents that exceed mortgage payments. More than half the Milennials who bought homes in 2012 said the main reason they did so was to invest and build equity.

Categories: Rockford Realtors

Tags: real estate, rockford, dickerson nieman, realtors

April
11

Featured Listing: 3359 Sun Valley Terrace Rockford IL

April 11th, 2013 by maureen

3359 Sun Valley Terrace Rockford IL 61103

Status: Active and Available # of Units: 11 Units House Size: 7,288 Sq Ft MLS #: 201300336 Price: $350,000 For more details or to contact agent: http://dickersonnieman.com/201300336.ad

Categories: Rockford Real Estate

Tags: real estate, rockford, for sale, multi-family

April
8