All Housing Content

All Housing Content

Pavlov launches high-speed technology for apartments

CHAMPAIGN — Pavlov Media has launched a new technology in the Champaign-Urbana market that will allow apartment communities to get Internet content at "multi-gigabit" speeds, the company announced Monday.

Discussion planned on lifting hotel-stay limit in Urbana

URBANA — The city council tonight will consider a change to city code that would allow extended stays in hotels and motels, a "small yet important component" of the industry.

Council members are scheduled to meet at 7 tonight (Monday, Feb. 20) in the Urbana City Building, 400 S. Vine St.

Pending home sales up from a year ago

CHAMPAIGN — January home sales in the Champaign County area were down slightly from a year ago, but pending sales are up sharply — a good sign of sales in months to come.

Pending listings — properties under contract and awaiting closing — were up 34 percent from January 2011, according to the Champaign County Association of Realtors' Multiple Listing Service.

Skepticism greets report of 'nearly destroyed' C-U economy

CHAMPAIGN — Champaign-Urbana was one of five metropolitan areas "nearly destroyed by the recession," according to a story from 24/7 Wall St., a company that produces content for the Web.

But several local officials and economists, while acknowledging recent job losses, say the writers engaged in hyperbole.

Owners demolish mobile home park in Rantoul

At first glance it appeared a tornado had ravaged part of Rantoul.

But the destruction was man-made, caused by a crew that razed most of the mobile homes in the Westview Enterprises park along North Century Boulevard.

2011 home sales down slightly, prices hold steady over 2010

CHAMPAIGN — Home sales in the Champaign County area were slightly lower last year than in 2010. But the median and average selling price were nearly unchanged from a year earlier.

Matt Difanis, president of the Champaign County Association of Realtors, said he sees "strong evidence that the market has stabilized pricewise."

Home demolished after explosion

CHAMPAIGN — Eva Mroz wasn't exactly sure what she was feeling Thursday morning as she watched a house she owned in north Champaign being demolished.

"It's beyond words that something like this could happen. I was just there two days earlier. It's scary," said the owner of the home at 501 1/2 W. Beardsley Ave., C.

Urbana housing project gets second chance

URBANA — The city is reviving an ambitious development project that, if successful, would provide incredibly energy-efficient housing for lower-income families.

Area Habitat ReStores to close over holidays for mini makeovers

The Habitat ReStore in Danville will close over the holidays, starting Friday, so that volunteers can give the store a mini makeover. Meanwhile the Champaign ReStore closed today and will reopen Jan. 4 after undergoing a similar interior facelift.

Home sales in Champaign County weaker than last year

CHAMPAIGN — Home sales in the Champaign County area are lagging behind last year, both in terms of units sold and in dollar sales volume, the president of the Champaign County Association of Realtors said.