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Real Estate Column: Tips for getting your offer accepted
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Rockford housing market home prices hit new high in May 2021
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Rockford homeowners see lowest property tax rate in a decade
Rockford homeowners see lowest property tax rate in a decade
ROCKFORD Another tax deadline looms.
Property owners in Winnebago County have until Friday to pay the first installment of their real estate tax bills.
While about 72% of tax bills in Winnebago County are up from last year, the increase is minimal, according to Winnebago County Supervisor of Assessments Tom Hodges.
“The median price change was 1.16%,” Hodges said. “So half of all tax bills did not go up by 1.16% and the other half did go up by more. The median increase was $40.”
Address: 207 La Clede Ave., Rockford,
Description: This ranch-style home features more than 2,140 square feet of living space and sits on just over a full acre of land. Inside the kitchen comes stainless steel appliances, a glass tile backsplash and oak cabinets. Natural sunlight is provided from large windows throughout the home. The three-bedroom, two-bathroom home also comes with a private backyard to host large gatherings and a two-car garage that includes a workshop area.
Asking price: $181,000
SPRINGFIELD The Illinois economy shrank by 4% in 2020 as the COVID-19 pandemic wreaked havoc on many of its sectors, although there were signs of a recovery taking place late in the year.
Those preliminary numbers, released last week by the U.S. Department of Labor’s Bureau of Economic Analysis, showed that the leisure, hospitality and food service sector was the hardest hit by the pandemic, reporting a nearly 30% drop in economic output for the year.
That was due to the forced closure of bars, restaurants, theaters, amusement parks and most tourist attractions in the early phases of the pandemic, as well as the cancellation of large conventions and business meetings.
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