What are the historic trends in home prices in the area?
Generally, prives have been on a moderate upward slide. Recent circumstances have altered that. They’ve been on a generally ascending trajectory, although they certainly have flattened out for a while. Most neighborhoods, Park Ridge, Park Ridge East, Bryan Park, Sycamore Knolls, Hyde Park, trend pretty well. But it’s still harder to be the highest priced home in a neighborhood. We have a pretty good economy a pretty consistent economy here in Bloomington. The university’s here, Cook’s here, Baxter, Bloomington Hospital and various medical service organizations, so you just have to deal with the local economy and it’s less affected by national trends. We haven’t had the run-up that some places have had. It isn’t the sort of place that speculators descended upon. Maybe so in student housing those large student housing complexes. The developers, probably correctly, assessed that students were interested in more upscale 46 color TVs, stainless everything, and were willing to spend $1,400,
