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End of Year Housing Market Update for Champaign County!

by Rose Price

The new year has begun, giving us time to reflect on 2017. The stats for the housing market throughout Champaign County are in! November 2017 saw many changes in pricing and closed sales compared to the previous year. As the market progresses, it will be interesting to see what happens in 2018. The one thing you can be sure of....we will be here to up date you along the way!

 

Champaign County saw a 3.97% increase in average home sale price in November 2017 compared to November 2016, at $171,759 this year compared to $165,361. The  average home sale price year-to-date through November 2017 reached $174,796, which is a 2.45% increase from this period in 2016. The median home sale price (i.e. the typical market price where half the homes sell for more and half for less) for single family homes and condominiums was down 0.64% from $139,900 in November 2016 to $139,000 in November 2017. However, in terms of year-to-date through November 2017, the median home sale price in November of 2017 was up 3.45% at $150,000.

 

While sale prices increased, the total number of sales decreased. November 2017 saw 171 sales, down 19.72% from November 2016 at 213. The year-to-date sales through November 2017 was down 4.45% from last year. The communities of Mahomet and Monticello saw more homes sold in November of this year, as compared to contrast. Champaign, Savoy, and Urbana all experienced a decrease in sales. Homes sold in November stayed on the market for an average of 84 days, an increase up from 79 days during November 2016.

 

These discrepancies between November 2016 and November 2017 are not all that surprising. November 2016 experienced an unusual 10 year high sales boom. Demand for homes, especially amongst first time home buyers, continues to increase. The supply of home continues to have a hard time keeping up. And, although increased sale prices are good news for sellers, it makes it more difficult for buyers to find homes within their price range.  

 

2018 will continue to see higher prices as well as higher interest rates. If you need help navigating these changes within the Champaign County real estate market, work with an Experienced Realtor that can help you find your dream home at the perfect price! Winter continues to be a good time for buyers as competition decreases and sellers are more eager to close. So do not hesitate and take advantage of this down season!

 

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®

 

Wishing You A Very Happy New Year!

by Rose Price

As 2017 comes to an end and the New Year approaches, I want to THANK all of you for the faith and trust you have put in me to handle all your Champaign-Urbana area real estate needs this past year!


 

I have called the Champaign-Urbana area home for 20+ years and have loved every minute of it. I am so proud of my hometown. There is nothing I enjoy doing more than sharing all of the reasons why the Champaign-Urbana area is an incredible place to live with all of my past and present clients.


 

I look forward to all of the possibilities that 2018 will bring for all of us. Please contact me for any of your real estate needs in the New Year. As always, I am ready to make you a top priority and help you reach all of your goals in 2018.



Champaign Rose wishes all of you and your families a happy, healthy, & prosperous NEW YEAR!

Greatest Midwest Food Town Celebration!

by Rose Price

Champaign-Urbana has been named The Greatest Midwest Food Town by Midwest Living!!! We cannot say that we are surprised! There are endless delicious and unique restaurants, cafes, food trucks, and more located throughout the Champaign-Urbana metro area. Come celebrate our town's victory at the Greatest Midwest Food Town Celebration!!! Representatives from Midwest Living Magazine will be heading to town on Saturday, September 9th, from 9:00 am to 6:30 pm for a day filled with fun, food celebration. Enjoy a full day of delicious samples, foodie raffles and prizes, live performances, games, and so much more!

 

 

9:00 am – 11:00 am | Urbana's Market at the Square

Corner of Illinois & Vine Streets

Activities

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12:45 pm – 2:45 pm | The Blind Pig Brewery

120 North Neil Street

Activities

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4:00 pm – 6:00 pm | Grange Grove at Memorial Stadium

South 1st Street

Activities



Want to live in the Greatest Midwest Food Town?! Check out our Current Homes for Sale! Give Champaign Rose a call today or visit our website at http://www.champaignrose.com/.

 

Image Credit: Visit Champaign County

Complete the Bucket List Challenge at Champaign Parks!

by Rose Price

Spend time in the beautiful summer sun as you “romp and stomp” at all the playgrounds in Champaign! The Champaign Park District is hosting a Bucket List Challenge to encourage residents to explore the amazing park facilities found in our city. Now through the end of September, have fun throughout Champaign and be entered to win prizes!  

 

Download the Bucket List Challenge Brochure and start exploring all of the 29 incredible playgrounds (listed below) located throughout the community. Once you have checked off all the buckets, send or drop off the completed brochure to any Champaign Park District facility  at the end of the month to be entered in a drawing for awesome prizes!

 

Bucket List Challenge Parks

Beardsley Park (1006 North Walnut Street)

Bristol Park (1300 North Market Street)

Centennial Park (2200 West Kirby Avenue)

Clark Park (900 South McKinley Avenue)

Davidson Park (1108 West Church Street)

Eisner Park (1301 West Church Street)

Douglass Park (501 East Eureka Street)

Glenn Park (400 North Mattis Avenue)

Garden Hills Park (1701 Bloomington Road)

Hazel Park (1209 North Neil Street)

Hessel Park (1400 Grandview Drive)

Johnston Park (701 Goldenview Drive)

Mayfair Park (1507 Maywood Drive)

Millage Park (2802 Cherry Creek Road)

Morrissey Park (1209 Harrington Drive)

Mullikin Park (2110 Mullikin Drive)

Noel Park (1110A Sterling)

Robert C. Porter Family Park (2310 South Rising Road)

Powell Park (3212 Clayton Road)

Robeson Meadows West Park (2865 South Duncan Avenue)

Robeson Park (1984 South Duncan Avenue)

Scott Park (207 East Springfield Avenue)

Spalding Park (900 North Harris Avenue)

Sunset Ridge Park (4102 Boulder Ridge Drive)

Toalson Park (502 Bardeen Lane)

Turnberry Ridge Park (910 Cobblefield Road)

Wesley Park (915 North Third Street)

West Side Park (400 West University Avenue)

Zahnd Park (2502 South Staley Road)

 

The parks are just one of the many fabulous amenities that make Champaign a great place for families to call home! Come discover your dream home in Champaign! Give Champaign Rose a call today or visit our website at http://www.champaignrose.com/.

 

Image Credit: Champaign Park District

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.

The housing market for Champaign County saw strong gains during the month of October. According to the Champaign County Association of REALTORS®, total number of home sales, median home sale prices, and number of pending sales all saw an increase during the month as compared to the same month last year.

 

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It is anticipated that these trends in the market will continue, with the 2016 year expected to close out with a strong fourth quarter in Champaign County. Average days on the market are decreasing, meaning that homes for sale are moving quickly. Sellers can take advantage of this market trend as buyers are looking to move into their new home before the end of the year. This strong home sales market reflects overall economic trends in the area, including an expanding economy, strong job market, low interest rates, and many first time homebuyers.

 
 

These October numbers for Champaign County reflect the improving market nationwide. The National Association of REALTORS expects 2016 to finish out with the highest number of existing home sales since 2006. They predict that 2017 will continue to reflect growth in the number of home sales.

 

If you are interested in Buying or Selling in the Champaign/Urbana area, give Rose Price a call today or visit my website at http://www.champaignrose.com/.    

Enjoy a quiet and luxurious lifestyle in this Tudor Home located in the beautiful Yankee Ridge Subdivision in Urbana, Illinois. With low country taxes and amazing modern amenities, you will experience the best of both worlds in this home. This 4 bedroom, 3.5 bath home has 5,736 square feet of living space. You and your family will love to call this beautiful house a home.

The main level of this stunning home features all the amenities you could need. You will have ample space for entertaining between the Great Room, featuring a cathedral ceiling, and large living room. Both of these rooms will keep cozy all year round in Urbana with their fireplaces. Your family will love to gather in the amazing open kitchen. The kitchen has been beautifully updated with corian countertops and cherry cabinets. With a built in oven, range, microwave, refrigerator, and TWO dishwashers, cooking in this fabulous kitchen will be a breeze. Your family can gather in the attached sunroom as breakfast, lunch, and dinner are prepared. The main level of the home also includes a formal dining room and guest bedroom. You will love the stunning hardwood floors throughout the level, plenty of natural light coming through all the windows, and central vac system!

 

 

Walk up the staircase to the second floor where you will find spacious bedrooms. Stay warm on those chilly winter nights by the fireplace in the Master Suite! There are two other large bedrooms on this floor with ample closet space in each. You will also find a spacious bonus room on this floor. Whether for a sewing room, home office, or play room, this space will cover whatever your family needs. The second floor features all new flooring.

 

 

You will love to unwind in the beautiful yard surrounding this Urbana home. The yard has been perfectly maintained with professional landscaping. The property overlooks a wooded commons area in the Cul de sac and is conveniently located near Meadow Brook park. This property is perfect for those that love the peace and spaciousness of the great outdoors while still being close to all the amenities that the Urbana metropolitan area has to offer!

 

For more information about this home located in Urbana, click HERE. Give me a call today or visit my website at http://www.champaignrose.com/ for more information!

Fall Home Buying in Champaign-Urbana!

by Rose Price

Spring and Summer are seen as the peak home buying seasons…..but FALL might truly be the ultimate season to buy. With many families settled into their new homes at the end of summer, there are amazing opportunities to find your dream home in a market with less competition and stress. Looking to buy a home in Champaign-Urbana? Use the season to your advantage! Here are the top reasons why you should purchase your new home this fall and not wait until the weather starts to warm up again next year.

 

Sellers with Homes still on the Market are Anxious to Sell

After having their homes listed all spring and summer, many sellers are worn out. Their homes might still be on the market because their asking price was too high during the warmer months. Now, they are looking to make a deal and are often more willing to lower their price in order to do so. As a buyer, use this to your advantage. You will likely have more success offering a lower price on a home in the fall than you would have previously.

 

Sellers in the Fall are Looking to Move

Sellers that leave their homes listed in the fall are doing so for a reason….they need to move. Whether it’s for a new job or because their new home is ready, these sellers are more serious about moving on to their new homes and need to have their current homes sold as soon as possible. They will likely be more open to negotiation in order to close the deal, especially before the upcoming holiday season.

 

You will have less Competition from other Home Buyers

Since fall is considered an off-season for real estate, there tends to be far less competition. The decrease in demand on the buying side does not translate to less inventory, however. There are still plenty of homes on the market! Whether it is new inventory or homes that have been on the market all summer long, buyers in the fall have a ton to choose from and are able to be more aggressive with their negotiations. Fall puts buyers in a great position of power to get exactly what you want! There are some many amazing homes currently on the market. Check out our Current Featured Properties to start the search for your home!

 

You have Lots of Resources at your Disposal

Since spring and summer are the peak real estate seasons, industry professionals such as agents, lenders, and movers, are incredibly busy. When the weather starts to cool and with many clients settled into their new homes, realtors and others have more time time opening up….meaning that you can have more of their undivided attention. This is extremely beneficial when you are looking to buy a home. Take advantage of all of the resources out there. An Experienced Real Estate Agent is dedicated to helping you move into your dream home this fall.

 

Crime Rates Go Down in the Fall

The end of summer tends to be the main months in which home related crimes, such as burglaries, occur. If you are buying your home in the fall, this allows you the opportunity to do more research prior to purchasing in order to find out about crime rates in the area and take precautions in your new home to protect yourself, if necessary.

 

Spruce Up Your New Home With End of Year Sales

The fall months are prime shopping season when it comes to home appliances, decor, maintenance goods, and more. Major retailers always offer these consumer goods at great discounts in the fall in order to prepare for next year’s trends and models. You can outfit your new home with amazing deals! Update your home with fresh paint and carpeting in September, when these goods are often put on sale. Prepare for next spring by purchasing your lawn mower in October. Create your dream kitchen in November with the help of new appliances and cookware at a discounted price.

 

Use Tax Deductions to Your Advantage

Regardless of which calendar month you purchase your home, homeowners can claim deductions on property tax and mortgage interest for your entire year’s worth of income. Payments completed prior to the loan closing will be considered tax deductible, even if they occur in November or December! You can save a considerable amount of money on the taxes you owe by purchasing your home later in the year!

 

Fall is the perfect time to Buy your dream home in Champaign-Urbana!! Call me today or visit my website at http://www.champaignrose.com.



Resource: Forbes

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!

January is Radon Home Testing Month!

by Rose Price

Has your Champaign/Urbana home been tested for Radon? If not, now is the perfect time to get it done! January is National Radon Action Month. As your Champaign/Urbana Real Estate Professional, I feel it’s my duty to inform you of the proper precautions and actions to take in order to protect yourself and your family from any possible radon exposure.

According to the Environmental Protection Agency, radon (also known as a radioactive gas) is found at some level in almost every home and takes the lives of 21,000 Americans each year.  Did you know that the EPA and the U.S. Surgeon General have urged all Americans to protect their health by testing their homes, schools and places of business for radon? Because exposure to radon is a preventable health risk, testing radon levels in your home can help prevent unnecessary exposure and health issues! If a high radon level is detected in your home you can take steps to fix the problem and protect yourself and your family.

Here's what you need to do to Test your Home for Radon:

  • Get a Radon test kit & Test your Existing Home: Test kits are available for purchase online, however we would recommend completing the Home Radon Testing Checklist at the following website to ensure you do  a complete and accurate job of testing your home: RADON TESTING CHECKLIST. The Public Health District of Champaign County offers Free test kits at the following link: FREE RADON TEST KITS If you live outside the state of IL, check with your state government office for Free Radon testing kits. Some home goods and hardware stores also sell radon testing kits. Make sure to follow the instructions carefully for proper placement and information on where to send it afterwards to get your reading.
  •  
  • Call a Professional- If you'd rather not do the testing yourself, you can call a IL Radon Mitigation Professional and they'll come into your home and do all the testing for you.
  •  
  • If You Are Buying a Home…and the home has already been tested for radon, ask the
  • seller for the test results of the most recent radon test. You may also want to request that a new test be conducted by a professional radon tester. If a radon test has not yet been conducted, request it as soon as possible with your own specific preferences. You have the right to decide who will do the test, what type of test will be done and when the test will be done.
  •  
  • If You Are Selling a Home…and your home has already been tested for radon, review the facts and verify it was done correctly. If so, make sure the test results are available to your potential buyers. If your home has not been tested for radon, get the test done as soon as possible; preferably before your home goes on the market.

The presence of radon in your Champaign/Urbana Home can be dangerous and life threatening. While smoking causes cancer in an estimated 160,000 people a year, radon can cause lung cancer in both smokers and non-smokers alike. Radon is the number one cause of lung cancer in non-smokers, and radon is the second leading cause of lung cancer overall.  

The World Health Organization (WHO) launched an international radon project to help countries around the world increase awareness, collect data and promote action to reduce radon risks. Radon in our homes is the main source of exposure and up until now has not received widespread attention. Get the facts about radon and make sure your family is safe from its dangers. If you are buying or selling a home, take the proper precautions to radon-proof your home before it’s on the market or before you move in.

For more Home Buying and Selling Tips visit my Blog and Facebook Page  frequently. 

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