Real People, in Real Estate | Mark 309-253-6098 | Jennifer 309-253-1424
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 […]
Let’s see how things are doing in Washington. 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. Washington saw an increase for the month in homes for sale, up 4.9%, […]
It was just about exactly a year ago that Caterpillar announced that they were going to be undergoing a major company wide restructuring to bring costs in line with demand and sales. The last quarter of 2015 saw incentives for some to take early retirement options, as well as some other job shifts locally and […]
By Mark and Jennifer Monge If houses are like the stock market, with valuations that have the ability to go up as well as down, then let’s look at things purely from an investment standpoint and see if we are headed into a buy, sell or hold status. The number one thing you can do to […]
The headline in the Peoria Journal Star on 7/15, reads… “Peoria area’s second quarter home sales rise.” In reading further into the article, it details that “rise” is .5% for the central Illinois market as a whole, which specifically is 8 more homes sold in the second quarter of 2016 compared to the second quarter […]
It’s all about fair and balanced news here on the Monge blog. While the other day we reported the 10 most expensive homes currently for sale around the Peoria area, we thought today we would look at the 10 least expensive homes that sold around Peoria in 2015. Going from most expensive to least expensive, […]
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Mark 309-253-6098 | Jennifer 309-253-1424 | fax 309-272-3132 | mark@mongehometeam.com
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