Archive for the ‘Foreclosure Information’ Category:

Mediation Program Helps Those Who Face a Peoria Foreclosure
Peoria residents facing a foreclosure will have an additional resource  to help them out, according to a recent article in the Peoria Journal-Star. The countywide mediation program, which will begin June 1, is modeled after a similar program in Will County. It requires a mandatory mediation period for every residential foreclosure, although commercial foreclosure proceedings ... [Continue Reading]
Jim Gillespie, CEO of Coldwell Banker, was featured on CNBC Tuesday, July 28th to discuss where the housing market is headed.  The main topic was the role the government should play in the housing market.  We already know about the $8,000 Tax Credit for First-Time Homebuyers, but some legislators are pushing for a $15,000 credit ... [Continue Reading]
How Many Peoria Homes are in Foreclosure?
Because the numbers change daily, it really is difficult to know the exact amount of homes in the foreclosure process in Peoria County. At the time of writing this post, there were 885 properties on the market in Peoria County in some phase of the pre-foreclosure and foreclosure process. The leading area for foreclosures in ... [Continue Reading]
Peoria Real Estate Market & Foreclosures
Peoria real estate agents have always been taught real estate is predicated on three things; location, location, location. Predicting the future of the national real estate market (whatever that is) is about as valuable to local buyers and sellers as predicting the national weather forecast. The question is – “Who cares?” Just tell me what ... [Continue Reading]