Housing

Housing

Just Askin': Home sales and weather

How much is the warm weather helping home sales?

A lot, according to Champaign County Association of Realtors President Jim Waller.

"The warm weather has helped to get people out," he said. "At my last open house, 10 groups were out and they all said they were there because of the nice weather."

Building permits, Feb. 26, 2017

Listed are permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling costing more than $25,000. Permits are listed by applicant, description, site and cost.

Champaign

TAG Residential LLC, new single-family residence at 307 Corey Lane, $117,267.

Where It All Started/Homer: 'This house ... suits us'

HOMER — Spencer Ware has lived in a house just south of the Salt Fork for almost five years — a blink in the history of the 1856 house north of Homer.

The brick two-story house sits on a rise looking down at the river.

The brick walls are thick and the woodwork is beautiful, and the house charmed him for a family home, Ware says. "But it's a lot of work," he adds.

Bob Swisher: Sale season is starting to heat up

The Central Illinois Antique Dealers Association is holding its 99th show in Bloomington at the Mini Expo Interstate Center on March 25-26.

One of the highlights will be Rita and Rick Robben, who specialize in metal restoration. You can talk to them about silver, gold and other metal repair, polishing and plating.

U.S. new-home sales rise in January

WASHINGTON (AP) — Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates.

New home sales rose 3.7 percent to a seasonally-adjusted 555,000, the Commerce Department said Friday. That is 5.5 percent higher than a year ago.

Americans buy existing homes at fastest pace in a decade

WASHINGTON (AP) — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007.

Home sales rose 3.3 percent in January from December to a seasonally adjusted annual rate of 5.69 million, the National Association of Realtors said Wednesday.

Building permits, Feb. 19, 2017

Listed are permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling costing more than $25,000. Permits are listed by applicant, description, site and cost.

Champaign

TAG Residential LLC, new single-family residence at 203 Doisy Lane, $145,009.

Champaign businessman charged with fraud in Florida

CHAMPAIGN — In 1993, the city of Champaign gave a $350,000 loan to businessman Jack Hayes so he could buy and repair the parking garage at Church and Randolph streets.

"You can nail my carcass to the side of that deck if this doesn't work," Hayes told the city at the time.

Bob Swisher: Man's Lincoln medallion is unique

For the lack of a better name, I will just refer to it as a Lincoln medallion.

It weighs 3 pounds and is about 8 inches in diameter. Made of cast iron, it is kind of rough, not real smooth, and at the bottom center, it says "U of I" in not very good lettering. The back has some marks, which I think are probably accidental because they have no probable meaning that I can see.

Local municipalities bullish on housing markets

Local leaders from six area communities delivered their annual state of the local housing market reports Thursday to the Champaign County Association of Realtors. Here's their top selling points: