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The Peoria-area real estate market continues to perform at an unprecedented pace, with properties moving faster than ever. According to the Peoria Area Association of Realtors, second-quarter home sales increased 37.5% over last year, with a record 818 closings in June alone.
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With demand exceeding supply in the Peoria-area real estate market for several months, the cost of buying a new home continues to increase. But Peoria Area Association of Realtors president Jason Catton says concerns of pricing some buyers out of the market are offset by low interest rates.
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While 2020 was tough for many businesses amid the COVID-19 pandemic, Peoria's real estate market enjoyed one of its best years on record.According to the…
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Economic concerns related to the ongoing pandemic apparently have not scared off Peoria-area home buyers.Peoria Area Association of Realtors president…
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Facing the challenges presented by the COVID-19 pandemic, the Peoria-area real estate market slipped a bit in the second quarter. But brokers are still…
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The central Illinois real estate market hasn't been immune from the economic impacts of the COVID-19 economic shutdown, but local Realtors say there are…
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Despite the coronavirus lockdown, home sales in the Peoria area were up in 2020's first quarter. But it's definitely made some drastic changes to how…
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Home sales in the Peoria area were down a bit in 2019. But there are also fewer homes on the market.That's according to a year-end analysis from the…
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The Peoria area housing market remained stable in the first quarter. The Peoria Area Association of Realtors says the median home sale price was up…
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The Peoria Area Association of Realtors reports a strong fourth quarter that resulted in 2017 home sales out-performing the previous year. Home sales grew…