Positive. That is how local realtors expect the housing market to look in 2018. December 2017 ended the year on a positive note and realtors expect the trend to continue into the new year.
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Positive. That is how local realtors expect the housing market to look in 2018. December 2017 ended the year on a positive note and realtors expect the trend to continue into the new year.
According to Forbes magazine, over the last two years home prices on average across the nation have been rising five to six percent.
Carrie Ottum, managing broker with Weichert Realtors, advises buyers and sellers that she expects 2018 to be a positive year.
“Interest rates are still staying low and the values of homes are rising,” stated Ottum. “There are a lot of good quality, well maintained older homes priced right.”
In the Rochelle area houses are on the market an average of two to three months.
John Bearrows, ReMax Hub City associate, echoed Ottum stating he expects the market to remain strong in 2018.