While many parts of the nation struggle with rising unemployment and plummeting home prices, Decatur, Illinois, has outperformed national trends to create a strong housing market buoyed by a growing economy.
The labor force has grown by more than 1,500 jobs since January 2008, according to the U.S. Bureau of Labor Statistics, and that has fueled an increase in sales prices for single-family homes in the area by more than 6 percent for the same period last year.
The epicenter of the foreclosure crises is really in five main states: California, Arizona, Nevada, Utah and Florida. It’s nice to get some good news for a change.
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