Local builders see signs of turnaround in C-U housing

New home construction plunged in the Champaign-Urbana area during 2008, but some local builders say they think the worst is over.

Low interest rates, a new $8,000 federal tax credit for first-time homebuyers and some lower-priced home models are attracting potential buyers to open houses – though many are still hesitant to pull the trigger, they say.

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