We Value Bloomington-Normal

According to IAR's January housing report released Feb. 27, total home sales (which include single-family and condominiums) were off 6.8 percent in January 2007 to 8,584 homes sold compared to 9,206 homes sold in January 2006. The median price held steady at $200,000. "The current economy provides a strong base for the housing market to recover this year with growth in GDP, employment and income, and interest rates that are low by historical standards,” said IAR President Robert Zoretich. Read the full report. 
Posted by Brian Davis on February 27th, 2007 5:02 PMPost a Comment (0)

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