Our local market is rebounding and fast! In fact, we have several price ranges where inventory is very low. Personally I am working with a handful of buyers who are having trouble finding something.
Listings are selling within a very short time and have even been getting multiple offers again. This is great news, not only for buyers and sellers (and Realtors :) but for the community as a whole.
Many people put their real estate plans on hold last year because they were waiting to see what the market was going to do. Now we are seeing that our market has stayed relatively stable and confidence has gone up.
In fact, my brokerage, Keller Williams Bloomington-Normal, has outgrown our current building and are moving to a much bigger space. If you have specific questions about your home or neighborhood, give me a call and I can show you what's happening right now.