Rockford's hotness means that high demand is met with low inventory as buyers claim available homes," Realtor.com senior economic analyst Hannah Jones writes in the new report. "This affordable area has seen sustained demand this year as mortgage rates and home prices deter buyers from searching in higher-priced areas."
Listings in Rockford attracted nearly three times as many viewers on Realtor.com last month than the national average, indicating the high level of buyer interest in homes in the northern Illinois city.
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