Monday, June 18, 2012 / by The McDonald Group
Housing Market Shows Great Improvement
Our Champaign County houisng market has finally made a significant move. Almost all areas of the county has shown improvment. Trends are moving in the direction of it is time to make a move? Interest rates are very low and with the past few years of decling prices, this is the best time in our history to buy a home.
Real estate processes are lengthy and trends cannot always be discerned from the results of a quarter or two, but builders already hail the change. "The desire and the need have gotten home hunters buying again," says Amos Dabush, marketing manager at Y. H. Dimri Building and Development. "This is partly due to promotions and enticements luring fence-sitters back. Price decreases remain mainly in the eyes of the media: In actuality the decreases have been minor."
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