Friday, August 17, 2012

Rockford Ranked Third Most Affordable Housing Area in Nation


After being in the ranking for “most dangerous” and “fattest,” Rockford is finally in the ranking for something positive. A report by Fiserv, a global provider for information management, ranked Rockford as the third most affordable housing market in the nation, meaning it is a great time to buy a house in Rockford.

In Rockford the average home sells for $80,000 which fairly inexpensive particularly when the median family income is $60,000. However, this buyer’s market will not last forever. Experts say this will not last much longer and are already starting to see a spike in sales. One Realtor said that July is normally one of the slowest months of the year but this July showed a dramatic increase from the preceding months, showing that the housing market is improving fast in Rockford.

Do you plan on buying a home in Rockford, or the surrounding area? Do you plan selling a home in Rockford or the surrounding area? Buying or selling a home may seem simple, but don't be fooled, you will need a lawyer to protect you. Click here or call the Crosby Law Firm 815-397-2006 for a free consultation.

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