News

June Home Sales Sets Record

June Home Sales Sets Record

Photo: Newsradio WTAX

At least one sector of the local economy seems to be turning a corner; that’s according to Capital Area Association of Realtors president Steve Myers.

More homes were sold last month in the Springfield area than any other previous month.  Myers says much of the activity in the real estate market can be attributed to a lousy winter.

“We believe that these numbers reflect the passing through the system and the process of all the pent-up demand that was stifled somewhat by the winter weather that was extreme,” says Myers.

Myers says 470 homes were sold in June, an almost 29-percent increase over June of 2013.  Myers says even though interest rates are creeping up, people are still buying homes and says that indicates increasing confidence in the economy.

Recent Headlines

8 hours ago in Local

Rauner Repeats: Budget Can Still Be Passed

3-30-16 Rauner

Rauner: Keep up the good work and come to a compromise, lawmakers.

8 hours ago in Local

Industry Reacts to Rauner News Conference

Illinois Gov. Bruce Rauner signs an executive order on criminal justice reform at the Sangamon County Courthouse Wednesday, Feb. 11, 2015, in Springfield, Ill. Rauner's executive order will create the Illinois State Commission on Criminal Justice and Sentencing Reform.

Workers Comp? Didn't we already do that?

13 hours ago in Local

Lawmaker: Stop Telling People “Illinois Sucks”

Generic WTAX

Lawmaker says too many people say "Illinois sucks."

13 hours ago in Local

No Appeal — Again — for Blago Corruption Convictions

Former Illinois Gov. Rod Blagojevich, with his wife Patti at his side, speaks to the media Wednesday, March 14, 2012 in Chicago. The 55-year-old Democrat is due to report to a prison in Colorado on Thursday to begin serving a 14-year sentence, making him the second Illinois governor in a row to go to prison for corruption. (AP Photo/M. Spencer Green)

The Supreme Court won't reconsider its decision to reject former Illinois Gov. Rod Blagojevich's appeal of his corruption convictions.

13 hours ago in Local

SOS: No Extra Cost for Drivers License Changes

New Drivers License

The Illinois Secretary of State's office says a plan to issue driver's licenses and state identification cards in Illinois that are more secure won't require additional state funding.