Memorial Day & The Local Real Estate Market

Hello, it has been over a month since I have posted a new blog so I felt it was time to do so.  This Spring has definitely been different than past years with the weather and our local real estate market.  I noticed a pick-up in the market right after Easter for a couple of weeks, then it seemed to slow again as far as sales were concerned.  Many new listings have hit the market since then and finally this week I have noticed an increase in the number of showings again.  My hope is that we are finally over the hump with the extended winter weather we experienced and we will see more and more sales in the next month.  Part of the difference this year may be the last day of school being later than in past years, again due to the weather.

It is a great time to buy!  Interest rates are still low, grant money is available for those who qualify, unemployment levels have decreased, the stock market is holding steady and there are a variety of houses in various areas, price ranges, etc. to choose from!

It is hard to believe another month has come and go.  I hope you all enjoy this Memorial Day weekend and remember those who have passed.  I am looking forward to helping my clients this weekend as well as spending time with my family and friends, taking in the sunshine and hopping from cook-out to cook-out!

~Melissa

Let Melissa Guide You

Buy Buy
Sell Sell
Melissa Stevenson Contact Me >
Testimonials View All

I recently bought my first house and there was a lot of factors when looking for a perfect home. I was able to tour my home with Melissa and she was quick to respond with any questions I had, she had great knowledge of the area and gave helpful advice. When I said I wanted to make an offer, she was ready to get that process started right away and talked me through everything to make sure I understood. She kept in contact and was always available to answer any questions during the entire buying process all the way up to closing. I would 100% go to her again in the future and will recommend her to any friends or family looking for their future homes.

Quinn Weber West Peoria, IL December 29, 2022

Blog View All

Broker vs. Realtor A real estate broker is someone who has taken education beyond the agent level as required by state laws and passed a broker’s license exam. Similar to real estate agent exams, each state sets its own broker education and exam requirements. The extra coursework covers topics such as ethics, contracts, taxes, and insurance—at a…

Read More
Corefact Widget