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Local Housing Trends

Historic Buying Opportunities

It’s time... to make your move... time to make a very smart investment... time to put down roots and become a homeowner. Why?
  • Prices- Real Values
  • Interest Rates- Historic Lows
  • Property Choices- Exceptional
  • Buyer Incentives- Generous

Owning a home remains the best way for an individual or family to build wealth over the long term. Tax advantages:

  • Mortgage Interest deductions
  • Real estate tax deductions
  • Residence capital gain exclusion

The leverage power of a small down payment puts you in ownership of a sizeable asset which can increase in value while – unlike cash, stocks, gold, bonds, and most other investments – you’re enjoying the use of it. Rent payments may increase, but a fixed-rate mortgage payment won’t.

Abundant Lifestyle Choices

The inventory of houses and condos for sale in the Rockford area increased by 80.05% with 3,095 residences available at close of 2008 compared to 1,719 at close of 2000.

Todays buyers have an unparalleled opportunity to find the home they thought they couldnt afford. From new to historic, compact to luxurious, the selection is exceptional.

         New Listings, Sales & Available Inventory 


Source: RAAR MLS