Real People in Real Estate | Mark 309-253-6098 | Jennifer 309-253-1424
What you are reading above is the headline in the Peoria Journal Star today. What you can read below is the story that ran under it. Statistically, when looking at the entire market, that headline is correct. However within our Peoria area market, we have stats for 18 different communities, 6 counties and a whole […]
Good question. Thanks for asking. 🙂 Let’s look at if from a view different vantage points. Also-keep in mind that August of 2008 was about the top of our market, or at the very least the beginning of the tipping point, before the worldwide economic crisis. While the east and west coasts, and the sand […]
Two answer the question of which price range is selling the fastest or slowest in central Illinois, let’s look at two factors: 1) The number of closed sales 2) How many days on market from listing to pending status. Homes priced under $75K closed the most as of the most recent data published. Closings […]
By Mark and Jennifer Monge By Mark and Jennifer Monge What areas have the highest tax rates? Which ones have the lowest? Fair question, and a common one, so much so that it’s worth revisiting and updating this post which we’ve revisited in the past. Property taxes are a funny thing, in a dark comedy/tragedy […]
This is a question I’m asked somewhat often, more from clients coming in from other parts of the country where foreclosures are more common. My quick answer in “no”, but let me explain. fore·clo·sure ˌfôrˈklōZHər/ noun the process of taking possession of a mortgaged property as a result of the mortgagor’s failure to keep […]
tip·ping point noun the point at which a series of small changes or incidents becomes significant enough to cause a larger, more important change. So…is there a tipping point in our local real estate scene? Good question. The answer is…..yes…and no…depending on the price range and location. Consider this. This link (click here) shows central Illinois […]
Where as my other post looked at the different communities individually for the month of August and showed how each one did compared to the same time period earlier, this one combines them all and tells us which price points are moving the most, the fastest, the slowest, etc. To see this report, click here. For […]
Here’s a great link showing all of the sales data for August 2016 compared to August 2015, as well as year to date data from Jan 1st through the end of Aug. This covers each individual community such as Dunlap, Morton, Germantown Hills, Metamora, East Peoria, Peoria, Peoria Heights, Bartonville, West Peoria and more. It […]
Let’s see how things are doing in July. This data is comprised of the most current available data, which is July 2016. The Aug numbers won’t be out for about 2 weeks, but let’s see where things stand so far. With Peoria being the largest city in the central Illinois area, the data holds a lot […]
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Mark 309-253-6098 | Jennifer 309-253-1424 | email: mark@mongehometeam.com
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