Champaign County Real Estate News Blog

First Time Home Buyer Guide Complete First Time Home Buyer Guide.   The home buying process can be quite complex, even for those who have been through it a few times. For the first time home buyer, the process can seem impossible. This guide breaks down the home buying process into 14 steps, with...

6 Reasons You Should  Buy Your First Home   Renters: Here are six very strong reasons why you should move out of your rental and buy your first home. If you do not yet own a house of your own and are currently renting, here are 6 very, very compelling reasons why you should buy your first home. 1...

For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime.But like so many of the good things in life, time is of the essence for buyers who want to ...

If you or anyone you know wants to protest your property taxes please email me. I have instructions and the form you need, but you'll have to hurry time is running out!! If you want to know the approximate value of your home please call me for a FREE market analysis. Autonotify is another great s...

Ever since the Federal Reserve Bank announced yesterday they were going to take over Fannie and Freddie I've been looking for signs of good news. I came across an article in the MortgageNewsDaily that has one economist talking lower rates. Here is a little bit of what Brian Bethune, chief U.S. ec...

In an announcement made today by Treasury Secretary Henry Paulson the Federal Government has taken over mortgage giants Fannie Mae and Freddie Mac. Both companies have been placed into a government conservatorship under the recently created Federal Housing Finance Agency, under a plan announced b...

Summer is over, the students are back, children are going to school and real estate is at a stand still. Currently there are 7 months of inventory in Champaign County. Remember we calculate inventory by dividing the current number of listings by the number of homes under contract. We got down to ...

I was going to submit another land trust article but it's over 4 pages long and to difficult to post. If you're interested in obtaining a copy please let me know I'll email it to you. I can personally attest that land trusts are a great tool that's misunderstood by most investors, Realtors and at...

The news about housing these days is terrible. Every night we read and hear more about foreclosures and falling home prices. As a Realtor I would like to hear back from people who want to buy as to their opinion and feelings about the falling home prices and foreclosures. Please take a few moment...

FIRST‐TIME HOMEBUYER TAX CREDIT On July 30, 2008, President Bush signed a major housing bill (H.R. 3221) into law. As part of the housingbill, Congress has created a new, temporary tax credit to provide an incentive for first‐time home-buyers.The $7500 credit will be available for the purchase of...