Home Sales Rise In April, But Tight Inventory Still Hampers

CHAMPAIGN – April home sales were up sharply from a year ago in Illinois, while rising more modestly in Champaign County. The Champaign County Association of Realtors reports 272 homes were sold in the Champaign County area in April, a 3.42% increase over the 263 homes sold in April, 2020. But statewide, home sales increased […]

Savoy’s Home Rule Referendum Attracts Supporters & Opponents

SAVOY – Larger towns in Illinois with more than 25,000 people have home rule powers automatically granted to them under the state constitution. Smaller towns have to ask voters for permission. And that’s what’s happening with the April 6 election in Savoy, just south of Champaign.   Home rule powers allow a city or village […]

COVID-19 May Have Helped Spur Home Sales In 2020

CHAMPAIGN – Sales of existing homes in Illinois were up in December and for 2020 as a whole, and the COVID-19 pandemic may have played a part. The trade group Illinois Realtors reports 14,835 homes sold statewide in December, up 28.7% from December 2019.  172,394 homes were sold in Illinois during all of 2020, up […]

Rising Home Sales, Just Before Coronavirus’ Impact

Sales of existing homes were on the rise in Illinois and in Champaign County — up until the stay-at-home restrictions imposed due to the coronavirus outbreak. Now, realtors are hoping the housing market will recover quickly, once the restrictions are lifted. Across the state, the trade group Illinois Realtors reported sales of 12,182 homes and […]