Local Home Sales Up Slightly in September

By: Kristin Burke
By: Kristin Burke

ROCKFORD (WIFR) -- 274 homes were sold in September in the Rockford area, a 3.4% increase from August numbers.

Rockford Area Realtors CEO Steve Bois says the gain is promising, considering sales usually drop about 15% from August to September, when activity typically slows down. But rising foreclosures remain a concern.

"Foreclosed properties affect neighborhood values, they are good values for people who want to renovate, but its very important we reduce that inventory and people who are in the short sale situation we really need to help them work out of those situations."

You must be logged in to post comments.

Password (case sensitive):
Remember Me:
23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 104523154 - wifr.com/a?a=104523154
Gray Television, Inc.