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Fall Housing Market Update for Champaign County!

by Rose Price

Fall is a great time to buy your dream home! Less competition from other home buyers, pleasant weather, and year end tax breaks are just some of the benefits of buying during the season. The strength of the housing market in Champaign County this September reflected strong buyer demand and confidence in our area's economy. The stats for the month show that home sales increased with this buyer demand and inventory of homes was able to keep up, reflecting a robust and healthy market.

 


Champaign County saw a 5.9% increase in the number of homes sold in September 2017 compared to September 2016, with 199 sold this year compared to 188. The communities of Champaign, Urbana, and Mahomet all saw more homes sold in September of this year, as compared to last year. While the month of September had a stronger showing throughout the county, the year-to-date number of homes sold is down 1.2% at 2,042 from the same period last year. Median home sale price for single family homes and condominiums is down 1.4% from $154,325 in September 2016 to $152,200 in September 2017. The average number of days on market for all home sales was at 62 days in September 2017, compared to 58 in September 2016.

 

 

Although these stats reflect benefits for buyers in particular, sellers should take advantage of the tight inventory of homes on the market and high buyer interest.

 

Now is the perfect time for Champaign County homebuyers, especially first time buyers, to take the plunge. Interest rates are below 4%, according to the Federal Home Loan Mortgage Corporation.

 

If you are interested in Buying or Selling your Champaign County home this fall, give Champaign Rose a call today or visit my website at http://www.champaignrose.com/.

 

 

Information from Champaign County Association of REALTORS®

 

Champaign Illinois Housing Market Update: 09/27/17

by Rose Price

 

The Champaign Housing Market is equally beneficial for Buyers & Sellers as the market index is 27.57 and home prices have remained steady over the past week.  The Fall is an excellent time to buy or sell your Champaign area home!

Current Real Estate Stats for Champaign IL:

Median Home Price- $204,709.

Total Inventory of Homes- 376

Average Square Footage- 1,880

Number of Bedrooms- 3

Number of Bathrooms- 2

Average Days on the Market- 147

Average Price per Square Foot- $103.

Consider the following 7 and 90 day market trends:

 

If you're considering purchasing a home, sign up for my preferred email listing alerts and receive only new homes to the market that meet your personal preferences.  Sign-up here.

Looking to put your home on the market but would like to know your homes value? Get a free home analysis here.

 

Brought to you by:

Rose Price

Landmark Real Estate

One East Main St, Suite 200, Champaign IL

217-202-8843

Champaign Illinois Housing Market Update: 09/20/17

by Rose Price

The Champaign Housing Market is still going strong and predicted to continue into 2018.  Fall is an excellent time to sell your home for these reasons:

  1. Home Buyer Demand is High
  2. Competition is Low
  3. Home Values have stabilized

Here are the current Housing Market Stats for the Champaign IL Real Estate Market:

Median Home Price- $206,236.

Total Inventory of Homes- 373

Average Square Footage- 1,898

Number of Bedrooms- 3

Number of Bathrooms- 2

Average Days on the Market- 146

Average Price per Square Foot- $103.

Consider the price trends over the past 90 days:

For more home selling and buying tips, visit my website:  www.champaignrose.com

Brought to you by:

Rose Price

Landmark Real Estate

One East Main St, Suite 200, Champaign IL

217-202-8843

 

Tips for Spring Home Buyers and Sellers in Champaign/Urbana!

by Rose Price

Spring is fast approaching. As the flowers bloom and the weather warms, home buyers and sellers start looking to enter the real estate market. If you are ready to Buy or Sell you home in Champaign/Urbana this spring, it is important to be prepared and know what to expect. Here are my helpful tips for spring buying and selling in our area.

 

Spring Buyers!

As a buyer, your first step is to know the Champaign/Urbana market. Research what housing options are available to you as well as the current list prices. Before you begin to seriously search for your new home, it is important to have your Financing situated ahead of time. This allows you to accurately know what you can afford and makes you a more attractive buyer when you enter negotiations with a seller. Realize that the spring market means increased competition from other potential buyers. Once you find your dream home, you want to stand out from other offers. Consider writing a personal letter to the seller expressing why you love their home and know that it would be a good fit for you and your family. Also, remain flexible during the negotiation process to ensure that you can get the home you want.  


 

Spring Sellers!

As a seller, you need to know Your Home's Value before you list. This will enable you to price your home correctly. Since other sellers will be listing their homes this spring, you want to stand out from the competition. You can do this by improving your home’s curb appeal, staging your home, and completing any home improvement projects. Consider some updates to your home that will give you a great return on investment. To get top dollar for your home and sell it quickly, work with Champaign/Urbana’s Top Realtor!






Champaign Rose is here to help you buy or sell this spring!  Give me a call today or visit my website at http://www.champaignrose.com/ to get started today.

Curb Appeal for Fall Home Selling In Champaign/Urbana!

by Rose Price

Update Your Champaign Home to Sell With These Hot Kitchen Trends

by Rose Price

5 Fall Home Staging Ideas for your Champaign Listing!

by Rose Price

Congrats! You’ve decided to sell your house in the CHAMPAIGN/URBANA area! After all the years of love in your home, though, you want to make sure that you get the most for it. All homes go through wear and tear that might not be noticeable to you over the years but will surely stand out to potential home buyers. In order to make the best sale for you and your family, you need to decide what repairs and upgrades should be done before listing your home on the market. It is important to go through each room with a critical eye and see what fixes are necessary. 

Selling your home and negotiating the sale can be a daunting process but you do not need to go through it alone! A great Real Estate Agent is there to assist you along the way. When deciding what fixes should be made, your real estate agent can provide you with crucial help. They will know what changes are absolutely necessary before placing your home on the market and what can be negotiated in the final deal. 

There are several simple things you can do that won’t cost an arm and a leg and will help your home look its best! We have great suggestions on ways that you can maximize your sale. Here are the Top 9 Home Repairs or Upgrades to Make Before Selling Your Champaign/Urbana Home!

Add a Fresh Coat of Paint – The fastest and cheapest way to make your home look inviting to potential home buyers is adding a fresh coat of paint. Go through your home to see which rooms really need it. It is not necessary to repaint every room home. For the ones in need of some sprucing, choose light, neutral colors that will appeal to everyone. Also, make sure to remove all wallpaper! Wallpaper can be a great accent to any room but everyone’s tastes are different. By removing the wallpaper and using light paint colors, the new owners have total flexibility in how they want to make the home their own.

Fill in Nail Holes and Cracks – This one may seem obvious but you should fill in all nail holes and cracks. This simple fix will help any room appear new and will avoid buyers feeling like they have a lot of work that needs to be completed. Spackle the holes and cracks, sand it, and add a fresh coat of paint.

Provide Adequate Lighting – Lighting throughout your home can have it looking its best. Make sure that all of the rooms in your home have adequate lighting. Replace any outdated light fixtures. Ensure that all lights and switches probably work. If needed, fix any potential electrical issues that might kill the sale. Along with lighting, natural light is very important. Use light drapes on the windows that allow for maximum sunlight to come in and really make the room shine!

Hardwood Floors – Hardwood floors are attractive to potential buyers. These floors can also take a beating over the years. You do not need to spend a ton of money replacing the floors though! Make the floors look brand new refinishing or polishing them! 

Kitchen – The kitchen is truly one of the most important rooms in the home and is something that buyers definitely make decisions based off of. Full kitchen remodels are expensive and not necessary when selling your home. It is important, however, to make some simple fixes to make the kitchen look its best. Be sure to refresh the paint and replace any outdated or broken fixtures. If necessary, refinish or paint the cabinets. Granite and marble countertops can help sell your home. If there is money in your budget, replace the countertops to automatically make your home more attractive. Before showing your home, make sure that your kitchen is clean and uncluttered.

Bathrooms – Like the kitchen, the bathrooms in a house can make or break a deal. You want it to look brand new! The first step is a deep cleaning. Scrub the grout and replace any missing tiles. Fix or replace any plumbing issues. Ensure that the lighting in the bathroom is bright.

Maintain Appliances – Make sure that all appliances currently in the home are functional. Appliances are an added bonus for home buyers, but no one wants the stress of knowing they are going to have to be soon replaced. Provide any warranties for the appliances to your real estate agent. By having functional appliances, you are showing pride in your home.

Functionality – Along with functional appliances, make sure that everything else in your home is in working order. Replace broken doorknobs and locks. Have a creaky door? Remove the squeak by applying WD-40 or a natural oil to the hinges. If your home has a garage, make sure that the garage door is properly working.

Exterior – Now that the interior of your home is looking its best, it’s time to tackle the outside! After all, the exterior of your home is the first thing that buyers will see. You want your home to look like you take pride in it! We often get storms in Illinois that can cause wear and tear on the outside of the home. Repaint or replace broken siding. Refinish porches, patios, and fences. Keep the landscaping clean and attractive. You want the buyers to be excited to see the rest of your home as soon as they arrive.

For more helpful Home Selling Tips, give ChampaignRose a call at (217) 202-8843 or check out or website at http://www.champaignrose.com/.

Spring Yard & Gardening Tips for Champaign IL!

by Rose Price

Ok, it’s been a weird spring; sunny and beautiful one day and the next snow, but here in Champaign/Urbana IL, we’re used to it and Summer is right around the corner, we promise. 

Your plants are no doubt confused; do they wake from winter slumber or wait? If they wake up, they’re usually damaged with a late freeze.   So, wait just a little longer before planting those seedlings.  There is plenty to do in the meantime.  

Check Your Tools

Chances are your tools were packed away hastily in the fall, so take this opportunity and use it for a little maintenance.

  •  Get your gas-powered equipment a tune-up: Sharpen the mower blades, change the spark plugs, replace the fuel, get some new oil, and double check to make sure everything is still working properly. 
  •  Sharpen and oil hand equipment: Sand any rust with a bit of steel wool, use a sharpening stone to sharpen the edge of the blades, and then coat the blades and moving parts with a light penetrating oil. (Local hardware stores usually offer these services as well). 
  •  Repair Digging tools: Did you break the handle on a shovel last year?  If it’s a quality tool, it’s worth replacing the handle, rather than throwing it out and buying a new one. Again, scrub off the rust and dirt and then spray with a penetrating oil to fight rust this season. 
EXTRA:
Soak your rusted tools in a bucket of white vinegar for fifteen minutes.  Remove and wipe dry.  Soak for an additional 15-30 minutes, remove and then brush with your steel wool.  Repeat until all rust is removed.  After rust is removed, dry completely and rub with linseed or mineral oil.  After this dries, put a little penetrating and your tools will be primed and ready for work.  

Prepare The Yard

Winter has a special way of making your yard look like a dirty post apocalyptic movie set, sticks and debris scattered, dead leaves and grass everywhere, maybe some land mines from the neighbors dog.  So before you get to planting, you’ll need to do some clean-up and a bit of TLC.  Spring flowers won’t hide everything.

  •  Rake: Rake all of the dead leaves and add them to your compose pile. Collect all the sticks and kick em to the curb for pick up. 
    Rake up all of your old mulch and add it to the leaves in the compost pile.  Spread a ½-inch layer of finished compost over all the bare soil in your beds to replace lost nutrients.
  •  Time To Primp: Pull out your annuals that died over the winter and, guess what?…yup put them in the compost pile! Any perennials and ornamental grasses that weren’t cut back in fall should now be cut to about 4 inches tall to make way for new growth; saw off all broken branches to the larger branch they’re attached to, make sure to leave a smooth cut rather than a little stub; prune all trees, shrubs, and vines to remove dead wood and if you didn’t get to it over the winter, now is your last chance to prune fruit trees, grape vines and other food plants. 
  •  Finishing Touches: Sculpt your flower beds with an edging tool to obtain clean, crisp lines and keep lawn grass from invading your beds.  Cut early spring blooms to make way for better ones.   

Prepare Your Veggie Beds

When the soil in your vegetable garden is finally dry enough to not squish when you step on it, it’s time to start laying the groundwork.

  •  Clean: Remove any dead leftovers that didn’t survive the winter and toss them into your growing compost pile; if you planted cover crops in the fall, mow them and then let the stems dry out for a couple weeks before tilling the debris; if you mulched your beds in the fall, rake off the mulch and add it to the compost pile.
  •  Add More Compost: Spread a new layer of compost on your beds—1 to 2 inches is best, and till; add extra nutrients like lime (for acidic soils), sulfur (for basic soils), bone meal (for phosphorus), green sand (for potassium), and kelp meal (for micronutrients), then till in the compost and  extras but only once the soil is dry enough to crumble when you grab a handful, then rake the beds into smooth, ready-to-plant mounds.
  •  Sort Your Seeds: Pick out your seeds, sort and then get some started indoors!

Thanks Modern Farmer for the great Gardening information!

 

Boost Wintertime Curb Appeal for your Champaign IL Home!

by Rose Price

BOOST YOUR HOME'S CURB APPEAL DURING THE WINTER MONTHS!

It's easy to do with these simple steps:

1. YES....I'll Take Door Number One!

If you want to make a great impression & be remembered...start with your entry door. Even a fresh coat of paint with new hardware can make a statement! Go for a "pop" of a coordinating color and you're in for an amazing transformation!

2. BRING ON THE GREEN!

Evergreen shrubs look terrific in pots on the porch and can add a great boost to the look of your Entry way!

3. SAFETY FIRST....

Be sure your walkways are clear of snow and ice. It's that simple It prevents injuries due to slip and falls, and a shoveled or plowed driveway creates clean line that look great and imply your property is well cared for.

4. SAY GOOD-BYE TO MR. & MRS. CLAUS

Once we've reached the New Year it's time to take down the Christmas Decorations and neatly pack them away and store them for next year's festivities. Nothing is worse than a home that is on the market at the end of January...still sporting it's Christmas finest!

5. PORCHIFY!

Your porch is an excellent assest....Spring, Summer, Fall or WINTER! If you have the space, set out a Rocking Chair with a Cuddly Winter Throw or Bistro Set that is perfect for your home type that you can "stage" for the season. Let your prospective Buyers visualize what an evening during warmer months may be like spending time out there!

The "Spring" Home Selling season is HERE!! If you're considering putting your Champaign/Urbana Home on the market, the time is NOW! Use these tips to give the front of your home the extra WOW factor that will make Home Buyers want to get in the inside and take a tour!

For more Home Buying Tips give Champaignrose a call at 217-202-8843 or visit my website at champaignrose.com. You can also get great tips and ideas from my Facebook & Pinterest Page!

Displaying blog entries 1-10 of 33

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