Featured Blog Posts

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Rental Pet Policy

We understand that pets can often significantly contribute to an individual or family’s quality of life, and we wish to accommodate tenants with pets wherever possible. However, experience has taught us that the presence of pets in a rental home can sometimes result in thousands worth of damage, most frequently the result of pets urinating on carpeting or hardwood flooring which then must be replaced. With this in mind, we employ the following guidelines in making decisions concerning the acceptability of pets:

December 2022 Market Update

Month-over-month sales in Champaign-Urbana saw and increase of 8.1% between October and November ($181,000 in October and $195,500 in September). This follows a decline in median sales prices in Q3, which stabilized in September. Marketing times have risen significantly, at 100 days on average, and is well above the average for the prior two years

Options for Buying and Selling Transitions

Every year, hundreds of families sell their homes and purchase new ones. Nevertheless, the process can sometimes be a little complicated. In what follows, we will discuss some of the important issues which need to be considered.

April 2023 Market Update

Most notable is that there were only a reported 93 sales in March, which is a 33.6% decrease when compared to the 5-year average of sales volume for the month of March.

By Nick Ward | 6 months ago

March 2023 Market Update

The primary factor in the residential market is a significant shortage of supply of homes in inventory.  Many properties are experiencing multiple-offer situations and sale prices well above list.  Most of these properties have been extensively updated, and it appears most buyers are willing to pay a significant premium for updates.

By Nick Ward | 7 months ago

February 2023 Market Update

For buyers, the market is beginning to show signs that are in the buyer’s favor following two years of an extremely strong seller’s market. However, we are seeing interest rates remain high despite the long-term projections. It is important for buyers to take into consideration their buying power as higher rates put pressure on monthly payment amounts.

By Nick Ward | 8 months ago

January 2023 Market Update

It is most notable that while there is still a significant shortage of homes available in inventory, the market is showings signs of moving back to a state of relative equilibrium. Prices remain strong though marketing times are increasing significantly. This is likely due to seasonality of the market (see graph “Number of Sales by Month”), combined with high interest rates.

By Nick Ward | 9 months ago

Benefits of Investing in Residential Real Estate

Investing in residential real estate can be a great way to build wealth and financial security for you and your family. There are many benefits to this type of investment, including the potential for long-term appreciation, steady rental income, and the ability to leverage your investment. In this blog post, we will explore the benefits of investing in residential real estate and how it can help you build generational wealth.

By Nick Ward | 9 months ago