Can you believe that the 4th of July has come and gone?  I can't....because it means that in 8 short weeks the kids will be headed back to school!  It never ceases to amaze me at how quickly summer seems to pass.  For me summer is always busy as it is a PRIME TIME TO BUY AND SELL HOMES.  

The Champaign/Urbana Housing Market is cruising off the charts right now, and there is a very good reason for that....NOW IS THE BEST TIME TO SELL YOUR HOME, OR BUY THE HOME THAT YOU'VE BEEN WAITING TO PURCHASE!  The National Association of Realtors, along with many other housing market experts, agree on two facts:

     1. The demand for homes is at an all time high and mortgage rates are as low as they are going     be for the foreseeable future- meaning the next two years at a minimum.

     2. Although the inventory of homes did rise 2.2% in the last 30 days, inventory on a whole is still   at an extremely low level. 

When the demand for homes outweigh the supply, then it becomes a Sellers Market.  Sellers, you are then in the drivers seat.  So, if you are considering putting your Champaign/Urbana Home on the market, this is why NOW is the time to do so.

For Buyers, if you do find a home that you have fallen in love with...DO NOT WAIT TO PUT IN AN OFFER, and do not try to play hardball by low-balling the offer.  Many Sellers are receiving multiple offers on their properties, so if you are coming in with a low offer they aren't going to take you seriously and end up throwing you out of the entire process.  Instead, offer a fair price or the marketed price, and make sure you get the home.                                                                                                     

Whether you are a Seller or a Buyer, it is important to use an experienced realtor to guide you through the Home Buying/Selling process.  Someone who understands not only the Real Estate end of the transaction, but has the local expertise as well.  As someone who has lived and practiced Real Estate in the Champaign/Urbana area for 20+ years, I can give you both.  So give me a call and let me help you with all your Real Estate needs.