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First Quarter Home Sales Up Nearly 26% In Bloomington-Normal

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Sales of new homes in Bloomington Normal are up significantly from the first quarter of last year, according to the Mid-Illinois Realtors Association.
In the first three months of this year, 589 homes, condos, and zero lot line homes sold in the Bloomington-Normal area, according to the Mid-Illinois Realtors Association. That’s an increase of 25.6%.
The average sale price is up 7.1%, which has boosted the overall dollar volume of sales by 34.4%.
Pending sales rose sharply in the Twin City area in March and are up 15.9% for the quarter. Pending sales of newly-built homes were up more than 118% for the quarter. ....

United States , Brandy Clark , Brandon Shaffer , Illinois Realtors Association , Mid Illinois Realtors , Twin City , Flagstar Mortgage , ஒன்றுபட்டது மாநிலங்களில் , ரேண்டி கிளார்க் , பிராண்டன் ஷாஃபர் , இல்லினாய்ஸ் றேஆல்டோர்ச் சங்கம் , இரட்டை நகரம் , கொடி நட்சத்திரம் அடமானம் ,

COVID-Driven Construction Supply Issues Hit Affordable Housing

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As the price of lumber and other building materials rises, the National Association of Home Builders says Americans are paying about $36,000 more on average for new construction homes.
More people are looking for housing than homes are available in the Bloomington Normal market. That has caused new construction to rise sharply but not without hiccups.
Supply shortages are causing delays. And steep prices on materials are blowing budgets by thousands of dollars. The burden is heavier for those building affordable housing.
New construction in the Bloomington-Normal area is up about 25 percent year-over-year.
Brandon Shaffer, president of the Mid-Illinois Realtors Association, said it s the result of more buyers flooding the market. ....

United States , Mclean County , Kelby Cumpston , Jim Walters , Brandon Shaffer , National Association Of Home Builders , Illinois Realtors Association , Bloomington Normal , Mid Illinois Realtors Association , National Association , ஒன்றுபட்டது மாநிலங்களில் , மக்லீந் கவுண்டி , கேள்பி கும்ப்ஸ்ட்டோன் , ஜிம் வால்டர்ஸ் , பிராண்டன் ஷாஃபர் , தேசிய சங்கம் ஆஃப் வீடு பில்டர்கள் , இல்லினாய்ஸ் றேஆல்டோர்ச் சங்கம் , பூக்கும் சாதாரண , தேசிய சங்கம் ,

Bill change would lift rent control bans

Amendment would allow for referendums exempting municipalities from statewide ban
By TIM KIRSININKAS
Capitol News Illinois
SPRINGFIELD – A new amendment to House Bill 116, which advanced out of committee earlier this spring, would allow municipalities to vote on rent control measures through referendum.
HB116 as originally introduced would have lifted the state’s blanket ban on local rent control measures, which has been in place since 1997. The new amendment instead would give that power to voters and municipal governments to consider rent control measures on a community-by-community basis.
The bill’s sponsor, Rep. Will Guzzardi, D-Chicago, said he chose to introduce the amendment as a compromise after hearing from constituents and colleagues in the house. ....

United States , Andrew Chesney , Delia Ramirez , Housing Committee , Illinois Press Foundation , Illinois Realtors Association , Robertr Mccormick Foundation , Capitol News , House Bill , Will Guzzardi , Wednesday Housing Committee , News Illinois , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரூ செஸ்னி , டெலியா ரெமிரெஸ் , வீட்டுவசதி குழு , இல்லினாய்ஸ் ப்ரெஸ் அடித்தளம் , இல்லினாய்ஸ் றேஆல்டோர்ச் சங்கம் , கேபிடல் செய்தி , வீடு ர சி து , விருப்பம் குஜிஜர்டி , செய்தி இல்லினாய்ஸ் ,

Bill change would allow Illinois voters to lift rent control bans locally

Rep. Will Guzzardi, D-Chicago, introduces an amendment to House Bill116 Wednesday which would allow local municipalities to consider rent control through local referendum.
BLUEROOMSTREAM.COM
SPRINGFIELD â A new amendment to House Bill 116, which advanced out of committee earlier this spring, would allow municipalities to vote on rent control measures through referendum.
HB116 as originally introduced would have lifted the stateâs blanket ban on local rent control measures, which has been in place since 1997. The new amendment instead would give that power to voters and municipal governments to consider rent control measures on a community-by-community basis.
The billâs sponsor, Rep. Will Guzzardi, D-Chicago, said he chose to introduce the amendment as a compromise after hearing from constituents and colleagues in the house. ....

United States , Andrew Chesney , Housing Committee , Illinois Realtors Association , House Bill , Will Guzzardi , Wednesday Housing Committee , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரூ செஸ்னி , வீட்டுவசதி குழு , இல்லினாய்ஸ் றேஆல்டோர்ச் சங்கம் , வீடு ர சி து , விருப்பம் குஜிஜர்டி ,

Bill Change Would Allow Voters to Lift Rent Control Bans Locally

Credit Blueroomstream.com
A new amendment to House Bill 116, which advanced out of committee earlier this spring, would allow municipalities to vote on rent control measures through referendum.
HB116 as originally introduced would have lifted the state’s blanket ban on local rent control measures, which has been in place since 1997. The new amendment instead would give that power to voters and municipal governments to consider rent control measures on a community-by-community basis.
The bill’s sponsor, Rep. Will Guzzardi, D-Chicago, said he chose to introduce the amendment as a compromise after hearing from constituents and colleagues in the house. ....

United States , Delia Ramirez , Andrew Chesney , Housing Committee , Illinois Realtors Association , House Bill , Will Guzzardi , Wednesday Housing Committee , ஒன்றுபட்டது மாநிலங்களில் , டெலியா ரெமிரெஸ் , ஆண்ட்ரூ செஸ்னி , வீட்டுவசதி குழு , இல்லினாய்ஸ் றேஆல்டோர்ச் சங்கம் , வீடு ர சி து , விருப்பம் குஜிஜர்டி ,