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Realtors report housing shortage in northern Illinois

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Rural communities see low housing inventory
Rural communities see low housing inventory

ROCKFORD (WREX)- The Northern Region of Illinois is currently facing a housing shortage and experts say that this is lowest shortage ever.

Housing for the Northern Illinois area fell 60 percent in one year and right now there are just 359 homes for sale in Boone, Ogle and Winnebago counties according Rockford area realtors.

According Connor Brown the CEO of Rockford area Realtors the demand for housing is currently going up and isn't expected to let up anytime soon.

"Traditionally, we think that springtime is a popular time to list. And as we're seeing the snow start to melt, I think it's certainly a great opportunity for those people who may have held off on selling last year," says Brown.

Experts say that if you are buyer be patient. It may take time to find a home you love, but once you do be ready to move quickly.

Maximillian Boudreaux

Web Producer

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