Illinois Quarterly Housing Survey by County Single Home Sales Q1 2009

“A lot of first-time buyers are in the market now taking advantage of the low interest rates, moderated home prices and the $8,000 tax credit available for the next six months until December 1. REALTORS® are seeing more activity, more showings and we expect the spring housing market to begin full force as weather improves and people get motivated to move off the sidelines into homeownership,” said REALTOR® Pat Callan, president of the Illinois Association of REALTORS®. “These market conditions really offer some great opportunities for first-time and move-up buyers.”