More good news for the Champaign real estate market. Overall trends are towards a Seller's Market and the pace of home sales this spring continues to improve.
Next we look at the active competition. In any given time-frame only a certain number of homes will sell. How does the home need to be priced to compete against the neighbors but still maximize the value for features and amenities in the property?
Will Champaign County home values be up, down or the same in 2012? No one knows for sure and everyone has an opinion so we can at least have some fun guessing. What do you think?
A recent survey by HomeGain, (link) points out that 76% of home sellers think their properties are worth more than the suggested list price of their Selling Agent while 68% of home buyers think that homes are priced above their actual value. Who do you think will win that battle? It's nice to live in... Continue Reading →