Did you catch the article about the C-U real estate market on usatoday.com recently? Here’s a summary: since C-U is a college town, it’s been somewhat insulated from the real estate downturn affecting the rest of the country. The lone exception are condo sales.
Bueller … Bueller … Bueller: Ben Stein will be on campus Thursday night giving a lecture on politics. Hope you have your tickets already.
If you want to get a sneak preview of the restaurant and microbrewery that will be coming to Champaign’s M2 development sometime in 2009, Destihl has opened its first location in Bloomington. It might take you a day or two to read all the comments.
3 responses so far ↓
Lisa B-K // November 28, 2007 at 4:22 pm |
I don’t know… I can think of several houses in U off the top of my head that would have sold above list price before even being officially listed a couple of years ago…
… that have been sitting empty for over 6 months.
Overpriced? Maybe, yes. But the market bore it a couple of years ago.
Glad we bought when we did, and glad we bought tiny…
Mrs. Chicken // November 28, 2007 at 7:19 pm |
Coming from a market in NY state where houses that weren’t sold in seven days were considered lemons, this market is whack.
The stuff we saw was waaaaaaay over-priced, at least according to the market values we were used to, and what we expected in a somewhat rural location.
I’ll have to go read that article.
Lisa // November 30, 2007 at 8:16 am |
Yikes, I had no idea about the brewery/restaurant going into M2. You’re on the case!