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Illinois State Overview

Illinois State Overview

 

Capital: Springfield

Estimated 2004 population: 12,713,634

Change from 2000: + 294,341

2004 housing units: 5,094,186

Housing units change from 2000-2004: + 197,051

 

Top Illinois Cities

Decatur | Charleston | Jacksonville | Joliet | Harrisburg | Lincoln | Mount Vernon | Rockford | Springfield | Sterling

 

Fox Valley Illinios housing market facing free fall

Fox Valley Illinios housing market facing free fall


All across the Fox Valley both homeowners and developers are finding it very difficult to sell their homes.

Chicago landlords benefiting from housing slump

Chicago landlords benefiting from housing slump


The local rental market is tightening as more people are choosing apartment living in the face of the current real estate downturn.

Southern Illinois housing market remains stable

Southern Illinois housing market remains stable


Southern Illinois escaped the housing bubble experienced in many U.S. markets

Dave Thompson, owner of Dave Thompson Realty in Marion and a real estate broker since 1971, said while the region hasn't escaped the static market home sales are experiencing, no one locally is going through withdrawal.

"We never had a bubble to burst in our area," Thompson said. "We've really been blessed with a steady stream of sales for the last eight or nine years."

Illinois counties of Winnebago and Boone face tough housing market

Illinois counties of Winnebago and Boone face tough housing market


The latest housing sales numbers for Winnebago and Boone counties reveal a tough housing market.

In April sales of new and existing homes were down about 25% from April last year and right now there are 400 more homes on the market than last year. The situation is a little brighter in the area of price, for the first time this year, monthly figures show the average price is up over 2006, not much, less than 1% higher.

Source: WIFR.com
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