January 2012 Local Market Summary
This summary shows individual market stats for several communites in the greater Peoria, IL area. See how the January 2012 real estate market stats in towns and counties in the greater Peoria, IL area compare with one another. (Bartonville, Canton, Chillicothe, Dunlap, East Peoria, Edwards, Germantown Hills, Mackinaw, Metamora, Morton, Pekin, Peoria, Peoria Heights, Washington, West Peoria, Fulton County, Marshall County, Peoria County, Stark County, Tazewell County, Woodford County)

January 2012 Market Minute
A 3-month market comparison on new listings, pending sales, closed sales, days on market, median and average sales price and percentage of original list price.

January 2012 Monthly Indicator
A monthly recap that includes details on new listings, pending sales, closed sales, days on market, median and average sales price, housing affordability index and housing supply outlook.

If you would like to know what homes have sold in a particular neighborhood, contact me, and I will send you a customized report.

Greg McCoy
RE/MAX Unlimited
Peoria, IL

Beautiful 2-Story on Wooded Lot!

• 2,090 sq. ft., 4 bath, 4 bdrm 2 story - MLS® $239,900 - Finished Walkout Bsmt!

White Oak Lake, Germantown Hills  -  Beautiful 2 story in White Oak Lake Subdivision! * Wonderful wooded lot on no-outlet street * Gorgeous kitchen with Corian countertops, center island, and abundance of cabinetry * Main floor laundry * Fireplaced living room with hardwood floors * Sunroom has sliders to the large deck * Finished walk-out basement * Wet bar * New furnace & AC - 2011 * New hot water heater - 2009 * Stainless steel appliances - 2009 * 4th bedroom currently being used as an office * Guest quarters in basement could easily be finished as a bedroom

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Hickory Grove Estates, Lacon  -  Announcing a price reduction on 1271 Florence Rd, a lot / land. Now MLS® $44,900 - .

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Spring Bay Gardens, East Peoria  -  We invite everyone to visit our open house at 77 S Riverview Dr on February 12 from 2:00 PM to 4:00 PM.

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Oak Creek, Washington  -  Announcing a price reduction on 1610 Sycamore, a 2,232 sq. ft., 4 bath, 4 bdrm 2 story. Now MLS® $259,900 - Finished Basement.

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December 2011 Local Market Summary
This summary shows individual market stats for several communites in the greater Peoria, IL area. See how the December 2011 real estate market stats in towns and counties in the greater Peoria, IL area compare with one another. 

December 2011 Market Minute
A 3-month market comparison on new listings, pending sales, closed sales, days on market, median and average sales price and percentage of original list price.

December 2011 Monthly Indicator
A monthly recap that includes details on new listings, pending sales, closed sales, days on market, median and average sales price, housing affordability index and housing supply outlook.

If you would like to know what homes have sold in a particular neighborhood, contact me, and I will send you a customized report.

Greg McCoy
RE/MAX Unlimited
Peoria, IL

Madison Manor, Peoria  -  Announcing a price reduction on 117 N Kickapoo Terrace, a 2,322 sq. ft., 3 bath, 4 bdrm ranch. Now MLS® $149,900 - Partially Finished Bsmt!.

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Glen Hills, Peoria  -  We invite everyone to visit our open house at 5032 N Mansfield Dr on January 22 from 11:00 AM to 1:00 PM.

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Oak Creek, Washington  -  We invite everyone to visit our open house at 1610 Sycamore on January 15 from 2:00 PM to 4:00 PM.

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Metamora, Woodford County  -  We invite everyone to visit our open house at 419 W Michigan on January 8 from 12:00 PM to 2:00 PM.

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Rick Hinck, a licensed home inspector in the Peoria area, just send out his monthly newsletter, and it had some tips on reducing your chances of a break in at your house.  I thought it was a good article, so I am sharing it here:

Home Security Tip 10: Don't Showboat

Leaving certain things lying around your yard or in plain sight from the road can unwittingly lure thieves onto your property like frantic bargain hunters to a flea market. First, if you have a bicycle or scooter that someone could easy to walk away with, roll it inside or into your garage.

Also, after purchasing a new plasma screen television or other pricey electronics or appliance, don't leave the box out beside the trash can or recycling bin. That tells people you have something brand spanking new that could fetch decent dollars on the street. It may also leave them wondering what other goodies are inside your home.

You may also be showing off too much to people walking by your house as well. Open up your curtains, blinds or shades and stroll around the house and see what's visible. If you have a number of expensive items within plain sight or near windows, think about doing a minor redesign to move them out of view.

Home Security Tip 9: Fake Them Out

If burglars can tell that someone is home, there's a greater chance that they won't attempt to break in. Remember, more break-ins occur during the day when many people are at work. For that reason, when you leave the house, create an illusion that someone's still there.

You can leave a light on, along with music or your television for good measure. Of course, if you're going to be burning up that electricity by not turning off lights when you leave, make sure you've installed compact fluorescent bulbs that last longer and are better for the environment.

You can also mentally fake them out by putting a home security system sign in your yard. This won't guarantee they won't test out whether it's valid, but it could deter them. According to the Office of Community Oriented Police Service, most residential thieves stay away from houses with such signs.

Home Security Tip 8: Secure Sliding Doors and Windows

You can easily break into some older sliding doors by simply popping them off of their frame, even when locked. It's harder to do that with newer ones, but you should still take extra precaution to secure them since they can be an inviting entry for burglars. Simply take a strong dowel, steel bar or two-by-four and slide it into the back groove. That way, even if people can pick the lock, the rod stops the door from sliding back and opening.

Although you should always lock your windows before leaving the house, you can install a simple pin or nail into to the frame to stop it from raising more than a few inches. This will add an additional layer of security in case someone pops off the screen and you have left the window unlocked. If you have a wooden window frame, you can drill a hole at your desired height above the sash, where the top and bottom window meet. Then, insert a thick metal pin or a sturdy nail into the hole. You can remove the stopper if you want to open the window completely and put it back in for security.

Also remember to check window air conditioning units. If you can jimmy the window up from the outside, add a stopper to that frame.

Home Security Tip 7: Don't Leave a Spare Key Out

It may seem like a good idea to leave a spare key hidden under a flower pot or doormat in case you get locked out of your house. But that's an open invitation for a burglar to walk inside without any difficulty.

Someone could also see you retrieve the key at some point, giving away your hiding place.

Instead, give a spare to a neighbor you know well or friend who lives nearby for safekeeping. Since most people now own cell phones, if you lock yourself out you can call for help or walk over to the person's house. You could also put the spare into a combination lockbox and hide that somewhere outside.

Remember to never put any identifying information on your house keys. If you lose them, and someone else finds them, it would be fairly easy to trace them back to your home and break in.

Home Security Tip 6: Secure Your Yard

Tall shrubs and overgrown trees are welcome hiding places for criminals to wait until the coast is clear to get into your house. That doesn't mean you need to cut down every plant in your yard. Just keep things manicured. Low shrubs in front of windows remove additional covering for thieves if they attempt to break  in through one. Cut away any tall tree branches that reach upper story windows and protect against attacks from above. Regularly trimming larger bushes and tree branches also eliminates dark shadows that help hide intruders.

This type of security measure is referred to as Crime Prevention Through Environmental Design (CPTED). CPTD strategies aim to prevent crime by creating an outdoor environment that makes it difficult to pull off. Its 4 tenets are:

1. Natural surveillance -- keep entryways to your home visible to prevent people from being able to sneak up.
2. Territorial reinforcement -- using landscaping and design to define your territorial space.
3. Natural Access Control -- adding hindrances to easily access your property. For instance, grow holly bushes or other thorny shrubs around your house.
4. Target Hardening -- structural security, such as deadbolts and double-paned windows.

Home Security Tip 5: Get Police Help

Police can help you stop crime before it happens, rather than just responding to it. For instance, if you're leaving town for a while, let the police know and request that they drive by your property to check on things.

Many police stations also offer free security evaluations for your property. If your local jurisdiction has a crime prevention officer, find out if he or she can survey your property and help you identify any security steps you can implement.

Take advantage of a recent trend in police practices called community policing. Community policing involves officers being assigned to neighborhood beats where they make a greater effort to build relationships with the residences. This may include walking instead of driving through or setting up community safety workshops. If the police in your area practice this, get to know the officers who patrol your neighborhood. Successful community policing has been linked to lowered crime and healthier neighborhoods and could lower the chances of break-ins.

Home Security Tip 4: Prepare Before Vacation

Residential crime spikes during July and August as people set off on summer vacations [source: OIsen]. As mentioned earlier, if you are going out of town for an extended period of time, call your local police and let them know. Also, alert neighbors you trust about your trip and ask that they keep an eye on your property during that time.

This mailbox screams, "My owner isn't home this week, so feel free to break in."

More importantly, when you leave town, don't leave signs of an empty house. That will only make your house look like a giant bulls-eye to a thief. First, if you have a home phone, don't change your message to alert callers that you have left town. Also avoid having piled up mail, over grown lawns and newspapers strewn about your yard that send surefire signals you're miles away.

Have a friend house sit or at least pick up your mail and newspapers. Ask them to move your car periodically to make it look like you're still around. During the winter if you live in a cold weather climate, consider having someone shovel snow from your driveway. In the summers, arrange for someone to cut your lawn.

Home Security Tip 3: Know Your Neighbors

Getting to know the people you live around is one of the most important safety steps you can take.

Closer-knit neighborhoods generally report fewer break-ins [source: Olsen] because strangers will stick out, and people are more likely to keep a casual eye on other people's security. Neighborhood Watch Programs, started in the 1960s, can be very effective at lowering and preventing crime. According to the National Crime Prevention Council, more than 30 million people in the United States have joined these groups [source: National Crime Prevention Council]. Studies have consistently found that watch programs effectively reduce crime and violence in neighborhoods. The National Sheriff's Association oversees the nationwide watch group organization and offers a number of resources for starting and joining one.

If you rent a house or apartment, you have more incentive to get to know your community because renters are 85 percent more likely to experience a break-in [source: National Crime Prevention Council]. This may be because renters aren't as likely to watch out for one another or have any sort of community watch program.

Home Security Tip 2: Stay Vigilant!

Although it's nice to know you have people watching out for you in your neighborhood, you also need to watch out for yourself. If you aren't paying attention to what you're doing, you could unknowingly be rolling out a red carpet for a burglar to waltz through your front door.

While it may seem like a symptom of paranoia, keep your identity and any travel plans on the down low.

For instance, only put your street address on your mailbox. Give away your last name, and someone could find your phone number, work place and a host of other stats with a few mouse clicks. Before you jet off to Bermuda, don't talk about it openly in public because a sinister stranger could be taking note.

Educate yourself as well about crime in the area. Check the crime section in your local newspaper to see if your neighborhood has been hit recently. Also, local police stations, particularly in larger cities, have online crime maps that will show you precisely where reported incidents occurred around you. If you notice a lot of criminal activity, that's your signal to pay extra attention to security. And always keep an eye out for suspicious activity in neighborhood. A little added effort can go a long way to protect your home and your safety.

Home Security Tip 1: Lock it Up

Locking windows and doors is the most important thing you can do to stop a break-in.

As mentioned earlier, more than 40 percent of break-ins happen without the use of force. That means a lot of people are leaving their houses without locking the doors and windows. If you have a thumb latch lock and a deadbolt on your doors, always lock the dead bolt. Double-check weaker doors such as patio and sliding ones to make sure their locks are strong enough to withstand kicks. When you leave your home, don't forget to lock up the door leading from the garage to inside. Even if your garage door is down, someone can easily open it. 

You’ve probably heard the horror stories—homeowners’ associations nitpicking about insignificant details, tying up property sales with costly lawsuits, or enforcing expensive and unexpected assessments.

But, homeowners’ associations (also called HOAs) can help protect property values, provide great amenities that you couldn’t afford on your own, get you involved with your community, and keep your neighbors from parking cars on their front lawns. Whether you love, hate, or don’t know much about homeowners’ associations, if you’re thinking about purchasing a home that is affiliated with one, it’s important to do your research. Before you sign on the dotted line, ask these important questions:

- Does this home belong to a homeowners’ association? This question isn’t as simple as you’d think—HOAs aren’t just for condominiums. Don’t assume that just because you’re looking at a townhome, single-family home, or vacation property that you’re in the clear. In fact, according to the Community Association Institute (CAI), four out of five houses built since the late 1990s have an HOA.

- Can I see some documentation? Ask to see the community’s Covenants, Conditions, and Restrictions, commonly known as CC&Rs. These documents are the association’s governing rules, and explain protocol and regulations that officers, homeowners, and tenants are expected to follow. In most cases, CC&Rs are legally enforceable. In addition to reviewing the CC&Rs, ask to see recent meeting minutes and up-to-date financial statements. These documents will let you know if there are any upcoming assessments in the works and help you determine the overall financial health of the organization.

- How are the HOA’s finances managed? How much can I expect to spend? A well-organized HOA should make very clear the financial responsibilities of its members. Are dues billed monthly, quarterly, or yearly? How much are they? Are there late fees? If a homeowner violates a regulation, are there monetary penalties? Are there limits to the dollar amount and frequency of one-time assessments?

- What do my dues cover? Inclusions vary dramatically and it is safe to assume that the lower your dues, the fewer services, amenities, and utilities are included. In a traditional condominium association, dues may likely include water, cable, ground maintenance, trash, sewer, recreational amenities, parking, security, and more. HOAs in neighborhoods with single-family homes may cover sidewalks, landscaping, and common areas. Ask to see a comprehensive list of what is included.

- How do you like the HOA? Hit the pavement and ask neighbors about the association. How is the leadership elected? Have you had any negative interactions? How common are expensive assessments?

- Can I follow all of the rules? Before you commit to living in an HOA-affiliated building or neighborhood, take an honest look at the rules and make sure that you are comfortable following every single one. Make sure that your lifestyle fits with the HOA’s parameters. For example, if you’re buying vacation property, make sure that the HOA doesn’t have rules limiting or forbidding owners from renting their property.

Homeowners’ associations can be a good influence on your condo or neighborhood, but only if everyone follows the rules. Understanding the rules and responsibilities before committing to a purchase is crucial to happiness in your new HOA-affiliated home.

Riverview Heights, Metamora  -  The ranch at 291 Vesta Dr has been sold.

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If you are not familiar with Rural Development (RD) Loans, they are one of the best loan alternatives available in the housing market right now.  With the RD loan rates now at 3.75%, it is even better!  Here are some of the highlights:

- No Maximum Purchase Price

. No down payment necessary

. No monthly mortgage insurance

. Flexible credit guidelines

. No reserves required

. 30 yr – 12/21/2011- Rate-3.75-0 pt (check with your bank.......the rate changes daily)

. Income Limits increased: 1-4 family-$78,400 . 5 or more in family income limit-- $103,500.

. Cities eligible include Bartonville, Hanna City, Trivoli, Yates City, Elmwood, Farmington, Metamora, Germantown Hills, Chillicothe, Mapleton, Goodfield, Eureka, Edwards, Lacon Brimfield, Princeville, Mapleton ,Canton, Tremont, Mackinaw, Delavan, Manito, parts of Dunlap

COUNTIES ELIGIBLE:

Woodford, Fulton, Henderson, Knox, Warren, Stark, Marshall, and many, many more communities.

For more information, please call your preferred loan officer, or call me direct at 309-687-4826.

Metamora, Woodford County  -  Announcing a price reduction on 914 County Road 1500 N, a 1,735 sq. ft., 4 bath, 4 bdrm ranch. Now MLS® $186,725 - Heated Outbuilding.

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