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The Dove Team, REALTOR®, real estate agents and broker for Springfield Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Local Real Estate Market: Springfield Illinois home buying, real estate listings, and homes for sale in Sangamon County, IL
Welcome > Local Info > Local Real Estate Market ...


About the Springfield Real Estate Market 

Springfield, IL, being the state capital, is the center of activity for the legislation that molds the State of Illinois. Everyone knows when the legislators are in session and the residents of Springfield are the first to know what the upcoming “hot” topics are for discussion. If you like politics, you’re going to LOVE Springfield! 

Springfield’s major employers are the State of Illinois government facilities, the two local hospitals, St. John’s Hospital and Memorial Health System, followed by the Illinois National Guard. 

Springfield is a lucky town when it comes to recessions and economic downturns. With the city being the center of government for the state and our top-rated health care facilities, the city has a steady economic flow and a flurry of new relocating residents.  

Springfield’s city growth has occurred mainly on the West side with numerous major commercial developments and a variety of new subdivisions and Centennial Park. Springfield’s North East side is also picking up the pace with a brand new Super Wal-Mart, Lowe’s SuperCenter, Harley Davidson Dealership, numerous restaurants and commercial facilities. 

Some of the newer residential developments in Springfield include: Buckley Ridge Estates, Savannah Pointe, Olde Bradfordton Place, Cobblestone (2nd Addition), Happy Landing, Irongate, Mill Creek (2nd Addition), Panther Creek West, Piper Glen (Expansion), Salem Estates, as well as numerous others. The housing market has a wide diversity of amenities, styles and price ranges. The average home in Springfield costs $123,000 (Capital Area Association of REALTORS® 2008) and it is this reason why Springfield has consistently fallen into the Top 10 of the Most Affordable Communities in the Nation (from the National Home Builders Surveys 1999-2008).  

IN 2004 SPRINGFIELD WAS RANKED THE 2nd MOST AFFORDABLE CITY IN THE NATION - By the National Association of REALTORS 

For additional information about Springfield, please fill out the form at the bottom of this page and I will forward a copy of our FREE Relocation Kits.
 

Which neighborhoods offer the best values? It's our job to help! Ask us any question, or request our FREE relocation package of information on Springfield. There's no obligation, and we promise to respond quickly... 

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Real Estate Tips
Disclosure Laws >What Sellers Might Disclose

Most states require a home seller to provide the buyer with some type of disclosure form. What might the seller have to disclose?

A Residential Property Disclosure Form requires the home seller to disclose facts about the home's heating, wiring or plumbing systems, including any defects that may exist, such as leaks in the roof or cracks in the foundation. If something in your home is not working properly or needs repair, you will need to either fix it or disclose the material defect to the prospective buyer. There are other disclosure forms, unique to each local area, that require sellers to disclose negative environmental factors or local building code issues. A lead-based paint disclosure form is required for homes built prior to 1978.

State legislatures and courts all over the country have passed laws regarding concealing defects from an agent or buyer. Ask your real estate agent about your obligations as a seller regarding disclosure.

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Real Estate Trivia
Q 
What is the largest home in Hollywood?

A 
The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million.
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The Dove Team, REALTOR®, real estate agents and broker for Springfield Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

The Dove Team
RE/MAX Professionals

2475 West Monroe
Springfield, Illinois 62704
Direct: 217-899-DOVE (3683)
Toll Free: 888-999-7215
Office: 217-787-7215
Fax: 217-787-8957
stevendove@NUMBER1EXPERT.com

Real Estate in Springfield, Illinois - Steven Dove is a RE/MAX Professional, and this site has valuable information for relocating to Springfield. Search listings, request a relocation package, and find out about local events, phone numbers and more!

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