Despite the general doom and gloom from the majority of media outlets it is possible to find reports that focus on specific real estate markets instead of blanket statements that may or may not apply to your specific area.

A recent article from BusinessWeek.com, College Towns: Still a Smart Investment,  provides a nice glimpse at college towns and how their local real estate markets have fared.  Like many other college towns, real estate in Champaign/Urbana, IL has remained a successful, long-term investment.

One of their biggest points is that a university typically provides a very solid basis for the local economy, which is usually the driving factor in the condition of the local market.  That is definitely the case in Champaign/Urbana.  In our area the University brings quality jobs and consistent demand for properties, both investment and owner-occupied. 

One disclaimer, I might have also enjoyed the article because I was briefly mentioned... :)

 Interested in investment real estate around The University of Illinois?  Contact me through www.ChampaignExperts.com 

Have a Great Day!