Housing Sales

As the seasonal increase in home sales picks up, Realtors say there are no signs the uber-competitive bidding wars will ease in Bloomington-Normal, even with a potential recession coming.

Illinois State University has closed the sale of its former Shelbourne Apartment complex in Normal for $1.1 million. The buyer says they will renovate the apartments rather than tear them down and start over.

A total of 102 newly built homes sold in Bloomington-Normal last year. That's $34 million in new property value created in the community to meet demand, according to figures from the Mid-Illinois Association of Realtors. And it's more than twice the amount of new home construction in 2020. Early signs are this year will be even better.

The Mid-Illinois Realtors Association is urging Bloomington and Normal municipal governments to use pandemic relief money to encourage home ownership.

Rivian's announcement that it plans to hire 1,800 workers at its electric vehicle plant in Normal by the end of the year has real estate agents and…

Let’s admit it: Summer 2020 has been awful. (Thanks, COVID-19.) But some in Bloomington-Normal have managed to find bright spots in an otherwise dark…

The Bloomington-Normal housing market slowed down in 2019, and real estate agents again pointed the finger at low inventory as a main culprit.There were…

Two of what are typically the busiest home-selling months of the year were a bit slower in Bloomington-Normal.The number of home sales in June and July…

Despite a stagnant labor force, decreased unemployment, and slowly rising wages, one Bloomington-Normal economist still calls the local economy…

The Bloomington-Normal real estate market is off to a strong start in 2019, with sales and prices up even as low inventory continues to make it a seller’s…