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SPRINGFIELD, IL - October 26, 2009 - (RealEstateRama) -- Statewide Illinois home sales increased year-over-year in the month of September for the first time since March 2006 with first-time buyers driving the rebound in sales. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2009 reached 10,350 homes sold, up 3.3 percent from September 2008 sales of 10,018. The Illinois median price in September 2009 was $160,000 down 9.3 percent from $176,450 in September 2008. The median is a typical market price where half the homes sold for more, half sold for less.

SPRINGFIELD, IL - August 21, 2009 - (RealEstateRama) -- July registered another month of positive signs in the Illinois housing market with home sales about even with July 2008 totals as well as six consecutive month-to-month sales increases for both the state as a whole and the Chicagoland PMSA. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in July 2009 reached 11,407 homes sold, off a slight 0.1 percent from July 2008 sales of 11,417; sales were up 4.2 percent from 10,944 homes sold the previous month of June 2009.

SPRINGFIELD, IL - August 11, 2009 - (RealEstateRama) -- Pent-up demand plus affordable prices, low interest rates and the tax credit incentive provided a substantial boost to the Illinois housing market in the second quarter, according to the Illinois Association of REALTORS® (IAR). Statewide total home sales (which include single-family and condominiums) increased by 61.8 percent in the second quarter of 2009 to 27,531 homes sold compared to 17,017 homes sold in the first quarter of 2009. Sales were down 16.4 percent from second quarter 2008 sales of 32,949.

Springfield, IL - May 27, 2009 - (RealEstateRama) — The Illinois housing market posted its third consecutive month of home sales increases over the previous month helped by record low interest rates and buyer incentives including the homebuyer tax credit and improved affordability. According to the Illinois Association of REALTORS® latest report, total home sales (which include single-family and condominiums) were up 9.0 percent in April 2009 to 7,593 homes compared to 6,968 homes sold in March 2009. Overall, home sales were down 20.9 percent from April 2008 sales of 9,599.

SPRINGFIELD, IL - April 27, 2009 - (RealEstateRama) — For the second-straight month, Illinois home sales increased over the month before and for the first time since June 2008 the statewide median home price also rose from the previous month.