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Real Estate Blog

Whether you're just moving to town or just reaching that time in life when you can buy your first home, finding the perfect home in Peoria takes more than just searching the open house listings every weekend. As the old saying goes, real estate is all about location, location, location.  But, there is a lot more to it than just plain geography when it comes to finding your perfect home.  There are a lot of things to consider during the search because, for most, a home is the most significant purchase they will ever make.

Choose A Good Area

When searching for your perfect home, the obvious place to start is with the selection of a location.  If you have children, you may want to choose a home that is close to good schools and is also located in a

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The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the summer as many real estate professionals are reporting bidding wars with listings actually selling above listing price. What about your house?

If your house hasn’t sold, it is probably because of the price. If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.

The housing market is hot. If you are not seeing results you want, sit down with your agent and revisit the pricing

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Ever since its release date on July 6th, Pokémon Go has not only taken over the world, it is now starting to creep into real estate. Stories of real estate agents including Pokémon Go in their listing descriptions by advertising the location of nearby Pokémon gyms and PokéStops abound. So what’s the big deal?

If you haven’t heard of Pokémon Go by now, Pokémon Go is a game where trainers find and catch Pokémon (imaginary little animals with specific character traits), and can also battle them. Pokemon Go takes advantage of a mobile device’s location tracking to provide an augmented reality (AR). In order to find Pokémon, people actually have to go outside and look for them. Churches and other buildings are designated as gyms, where people can battle

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Selling a home is stressful for everyone, and having young children in the house can add to the stress for the parents.  Let's face it-kids have a way of making a mess in a hurry and leaving it behind for someone else to deal with.  They are also problematic in other ways when it comes to selling your house.

Of course, you can't ask your kids to move out while you sell-but you can find some smart solutions to the difficulties of selling a home in which children are living.

Lower The Clutter Quotient

During the home selling process, pack up some of your kids' excess toys and other items and put them in storage.  Let them help pick which items will stay out, and if the sale process goes on for a while let them trade a few items now and

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After you try these restaurants in Peoria you’ll know why the center of Illinois deserves to be the center of culinary attention.

 

Khoury's Cuisine
Casual Greek, Lebanese & American eats are served at this simple counter serve with a patio. Khoury's Cuisine opened in Peoria 20 years ago. And what you see on the outside, is exactly what you get inside. Freshly sliced gyro for sandwiches, grilled chicken or falafel, all made with authentic Mediterranean spices.

Khoury's Cuisine consistently delights diners with their authentic recipes, fresh tastes and addictive overall culture. Serving up delicious Middle Eastern dishes, including Khoury's salad, Gyro salad, Garlic chicken sandwich, Kibbeh sandwich, Kafta sandwich, Hummos, Tabouli, Grape

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When you’re buying a home on a tight budget, qualifying for the lowest mortgage rate becomes extremely important. The larger your loan, the greater the impact a difference in interest rates will have on your monthly payments.

For example, if you had a loan of $100,000, the monthly payments would rise by just $30 with an interest rate change from 4.5 percent to 5 percent. If your loan balance were $500,000, the difference in your payment under similar circumstances would be $151.

A lower mortgage rate also impacts the total amount of interest you will pay over the life of your loan. A $100,000 30-year fixed-rate loan at 5 percent requires $93,256 in interest payments; whereas an interest rate of 4.5 percent requires $82,407 in interest payments –

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When it comes to entertaining outdoors, there's no place quite like your very own backyard.  Many families enjoy the warm summer weather by spending as much time outside as possible, and one way of doing that is by making it a fun place to be.

Get Out Your Grill

The smell of a freshly grilled hot dog or hamburger… the unmistakable taste of a meal that's been prepared outdoors… the excitement of getting together with family and friends for a barbecue… these are all things that you are sure to enjoy and, if you really want to get things cooking, you will get out your grill and cook up something that your entire family will love.

A cookout is a fantastic idea for summer entertainment, which means it is perfect for both small and large

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  • The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 4.6% by next year.
  • CoreLogic predicts home prices to appreciate by 5.3% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!

Source: http://mykcm.com/

About Us
The Adam Merrick Team is dedicated to putting our experience and local knowledge to work for you in all steps of your real estate transaction, from start to finish. We are one of the most respected teams for buying and selling in Peoria area. Whether you are buying or selling a home in Peoria itself, or one of its

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Many a home seller has been there-the house has been on the market for months and there is no sign of a sale.  At what point should you pull the house off of the market, assuming it is even an option for you?  When you start to feel like you are getting nowhere, it's important to step back and consider the facts of the situation before you make any decisions.

Is The Season A Factor?

If your house has been on the market through the summer and well into fall, and the holiday season is approaching, you may feel there is no point in keeping it listed through the winter.  You may be right.  The holiday season is a notoriously difficult time to sell, and you yourself may want to just take a break and enjoy your holidays without interruptions from

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The decision to purchase a home can be an exciting but sometimes confusing undertaking.  When beginning your search for the perfect home, there are a number of factors that you will want to consider.  Whether you are a first time buyer or already own a home and want to move up, getting pre-approval for your mortgage is a necessary and time saving step.  Here are some of the benefits of getting pre-approved!

Know Your Budget!

Getting pre-approved means that you will have a clear picture of the credit you have available to you to purchase your new home, as well as your price range.  This will prevent you from spending time looking at homes that may be out of your budget and perhaps getting attached to a home that you cannot afford.  It means that

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