Wednesday, April 29, 2009

Illinois Home Sales report... Home Sales are up!

You may have heard on the News that Homes sales dropped 3% in March. Remember when you hear statistics on the news they will reflect activity nationwide. Local reports tell a better story for your specific area.

Statewide March home sales jumped 35.5 percent from February. According to the Illinois Association of Realtors, for the second-straight month, Illinois home sales increased over the month before and for the first time since June 2008 the statewide median home price also rose from the previous month. “For the first time in over a year, there are several positive signals in the housing market as inventories declined and sales recorded modest increases,” said economist Geoff Hewings in his latest forecast.

1 comments:

  1. This is really good news! The midwest is the best place to live, but Chicago tops them all!

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