Welcome to the real-time real estate. Preliminary data for the local housing market for April 2008. As predicted here, based on closed sales contracts dealer was March members of the Capital Region Association of Realtors MLS report of home sales compared to April 2007.

With one day remaining business for brokers to report it, the 321 closed home sales by 64 or 16.6% compared to 385 in April 2007. Expect those numbers too easy to change the final figures will be presented. For the first time in months the average selling price 00, or 1.04% decreased to 000 EUR.

The time to get a home sold in April rose to 89 days from 78 April. The cumulative days on market are much higher if the time on the market for a previous registration period where there are no sales to an estimated 148 days on the market.

In the first four months of 2008 closed home sales to 224 or 18.4% to 989, from the days on the market 92 79, and the median sales price has risen to 000 from 900 or 2.2% from January to April 2007.

Last week, we work with you to slow consumer spending and employment growth were all reasons for and pick up in home sales this year. There was some good news this week with the unemployment rate fell to 5%, consumer spending up fractionally in March and first quarter GDP growth of 0.6%. That is, we are close, but no recession.

The news was not very good consumer confidence fell to its lowest level since 2003. Consumer confidence bodes ill for consumer spending. I think the tax rebate will help, but most are in the tanks of gas, food, and credit cards. But the extra money, and the weather generally look for people’s minds.

Last week we reported Springfield a net increase of 163 posts in 2007 was not sufficient to make a dent in the record inventory of homes for sale. Yesterday, the Governor has announced to relocate 148 employees from the Department of Highway Safety IDOT in Southern Illinois. It would be a devastating blow to the local economy, and families are uprooted.

This could add more homes for sale in the local market where to sell 1801 flats today, a record for that date. Only one of four lists were sold this year, there is considerable pressure on home prices, it takes longer to sell, and employment growth is already anemic. However, we remain one of the best housing markets in the Midwest.

If the governor successfully shift of the 148 jobs and families, these families lost their homes in very difficult market conditions have to sell the personal to her dilemma.

With over 600,000 square meters of empty office space in Springfield, you’d think the governor and IDOT was able to leave their expensive lease and move to more affordable space in Springfield. This is another example of changing the way we do business in Springfield, as the governor promised during his campaigns.

Unfortunately for the families of this proposal to the town of Springfield affected, and according to the people of the State of Illinois, in my opinion, all suffer the consequences of incompetent or maybe the corrupt leaders in the history of the state, and that’s something hot in Illinois.

As you are all enjoying the “change how we do business in Springfield,” Blagojevich promised? I think for change for change’s sake vote, has its “quirks.

Although not remember the legislation, this week I will be a reminder in 2010. Hopefully the damage to the country by this government can be resolved within a reasonable time. People hang out there are better days ahead.


Springfield homes for sale