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%, […]
Update on the Peoria Area Market as it relates to Caterpillar (and why I hate Zillow)
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 […]
2nd Quarter Results for Peoria area 2016….is right now the BEST time to buy?
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 […]
Update on homes in the Dunlap area as of June 2016
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 […]
10 Least Expensive Homes Sold around Peoria in 2015
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, […]
Keeping it local…
Jennifer and I are excited to tell you about an idea we are hatching to help promote some of the local businesses around the Peoria area. Each week we will promote a locally owned company here and offer a gift certificate that will be randomly drawn. This week we would like to promote Five Senses […]
10 Highest Priced Homes Currently For Sale around Peoria
It’s time again to take a look at the 10 most expensive homes currently for sale, as of today, around the the Peoria area. Coming in at #10 4530 N. Miller Avenue in Peoria Heights $1,257,000 This great home has over 6,400 square feet, not counting the basement, which offers another 1,500 finished square feet. Taxes…$34,061. […]
2016…Off to a great start!
The latest figures for sales in the Peoria area came out yesterday. Overall, sales were up +14.3 % Closed Sales (over same period last year) + 4.6 % Increase in Median Sale price (over same period last year) and – 0.8 % Inventory of Homes for Sale (over same period last year). Sure-it’s only January, but a […]
Tales from the Dark Side (of Real Estate)
All of the following are true stories….the names may have been changed to protect the innocent or the incarcerated, but these are all true stories as witnessed by yours truly. Skeletons in the closet (or yard) We had a client once that was selling a house and the day before the closing they called us. They […]