Champaign County Real Estate News Blog

I thought I would try out this Twitter deal for our office. Follow us and see what we are doing in 2009!! Username     GreenStRealty

In real estate related market news today...Home prices dropped by 18.2% in November versus the year ago period, accordingly to the Standard & Poor's/Case Shiller index.   The index also shows the impact of a declining market: since August 2006 prices have dropped every month for a combined total ...

Foreclosure filings increase nearly 55 percent in Illinois in 2008 according to Realty Trac's 2008 U.S. Foreclosure Market Report. The nation as a whole recorded an 81 percent increase in total properties from 2007 and a 225 percent increase in total properties from 2006. Illinois is listed among...

Why do I need a home and/or radon inspection? Considering that buying a home might be the biggest investments you'll ever make, wouldn't you like to be assured that this home is THE RIGHT ONE!  Having a home inspection can set your mind at ease by knowing the "ins and outs" of a house, constructi...

Carry backs, also known as "seller take backs," are essentially replacements for standard mortgage financing, and become popular whenever banks tighten down credit standards sharply. The carry back can take the place of a traditional down payment the bank requires in order to purchase a property....

More now than ever it's important to be educated about today's real estate market. There are many sources of info and data but where do you turn to? One of my favorite sources of information is Realty Times and I turn to it regularly. Their website is packed full of information in user friendly f...

If you haven't had a chance please go and check out the Urbana Free Library located at 210 w. Green Street in downtown Urbana. It's a great place to take your children and get out of the house during these cold winter months. There are many activities, toys, computer terminals and of course books...

Hello from the grave so to speak it's been a while since I've posted. 2008 was a crazy year and 2009 looks to be just as exciting!! Rates are low, values are leveling out and the government keeps handing out money to encourage home buying. Given that there are so many incentives and programs it c...