WBGZ Radio 2/5/2021 |
By Kevin Bessler - Illinois Radio Network
Despite the COVID-19 pandemic, the Illinois real estate market remains red hot.
A surge in home sales which began shortly after real estate transactions resumed last spring after the state’s initial stay-at-home order, has shown little sign of slowing down as the industry goes through what is usually a slow time of year.
Interest rates are low, sales are up, the price of homes has been steadily increasing over the past year, and housing inventories around the state are low.
“Totally seller s market, and we foresee that happening with the pent up demand right into the spring market,” said Sue Miller, president of Illinois Realtors.
Seth Gronewold
While I’m a Rockford transplant, after growing up in Forreston, I’ve always enjoyed the abundance of all the city offers. Living and working here has only heightened my appreciation and gratitude especially for the places and spaces that bring energy, spontaneity and natural beauty sandwiched between bigger attractions.
With that in mind, I urge you to support the Rebuilding Rockford referendum. Rockfordians will decide when they vote (early or on the Feb. 23 primary) whether to continue the infrastructure program an additional five years.
As an engineer, the importance of keeping up with roads and infrastructure in a community is obvious. I see people hopping on buses, out-of-towners commuting to work, and pedestrians making their way around town. I see children riding school buses every morning. I see trucks delivering supplies. I see police, fire and ambulances rushing to help. I see people coming to shop and eat.
(The Center Square) Despite the COVID-19 pandemic, the Illinois real estate market remains red hot.
A surge in home sales that began shortly after real estate transactions resumed last spring after the state’s initial stay-at-home order, has shown little sign of slowing down as the industry goes through what is usually a slow time of year.
Interest rates are low, sales are up, the price of homes has been steadily increasing over the past year, and housing inventories around the state are low.
“Totally seller s market, and we foresee that happening with the pent up demand right into the spring market,” said Sue Miller, president of Illinois Realtors.
Home sales remain strong in Illinois
Kevin Bessler The Center Square
Feb. 3, 2021
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SPRINGFIELD Despite the COVID-19 pandemic, the Illinois real estate market remains red hot.
A surge in home sales that began shortly after real estate transactions resumed last spring after the state’s initial stay-at-home order, has shown little sign of slowing down as the industry goes through what is usually a slow time of year.
Interest rates are low, sales are up, the price of homes has been steadily increasing over the past year, and housing inventories around the state are low.
“Totally seller’s market, and we foresee that happening with the pent up demand right into the spring market,” said Sue Miller, president of Illinois Realtors.
Voters first approved the sales tax in 2007, changing how Rockford pays for roads, bridges, sidewalks, multiuse paths and stormwater facilities. It has saved the city millions in interest payments, allowed it to pave and resurface more roads than it previously did and helped the city leverage state and federal funding.
The five-year sunset is meant to allow voters to hold the city accountable for how the money is spent. Ever since the tax was approved, the City Council publishes an annual five-year Capital Improvement Program guiding how the money is spent. This year s plan calls for a $129 million, five-year program with significant projects that include the reconstruction of the deteriorating Whitman Street interchange.