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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.
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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.
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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.
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The Mid-Illinois Realtors Association is urging Bloomington and Normal municipal governments to use pandemic relief money to encourage home ownership.
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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…
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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…
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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…
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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…
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Despite a stagnant labor force, decreased unemployment, and slowly rising wages, one Bloomington-Normal economist still calls the local economy…
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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…