10/26/2022 10:41 AM
Oct. 26, 2022 PEORIA, IL— Despite rising interest rates and lack of inventory, 3Q is third best ever in PAAR history. Amidst a period of rising interest rates and a lack of inventory, the Peoria Area Association of REALTORS® posted the third highest number of home sales in a third quarter, topped only by record sales in the period over the previous two years.
7/28/2022 10:06 AM
July 21, 2022 PEORIA, IL- The lack of homes on the market in the Peoria area remains the single biggest factor in the 15.2 percent decline in home sales for the second quarter over the same period in 2021, according to the Peoria Area Association of REALTORS®.
7/11/2022 7:48 AM
Seventeen PAAR REALTORS® have been selected to participate in this year’s Leadership Academy program. We are thrilled to bring the Academy back this year and it’s going to be better than ever!
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6/15/2022 12:31 PM
Peoria, IL (June 15, 2022) – The Peoria Area Association of REALTORS® (PAAR) has been selected as one of three local REALTOR® associations nationwide to participate in the National Association of REALTORS®’ (NAR) Transforming Neighborhoods Program. Through Transforming Neighborhoods, NAR collaborates with The Counselors of Real Estate® (CRE®) Consulting Corps to provide analysis, plans, and actionable recommendations to solve today’s top-of-mind real estate issues.
5/25/2022 9:24 AM
PAAR is excited to announce the launch of the Down Payment Assistance Program grant made available through the City of Peoria. PAAR collaborated with our Affiliate Lenders and the Community Development department / Land Bank to work out the logistics of the release and application process for this grant.
5/18/2022 8:23 AM
Illinois REALTORS® was able to work with the Illinois Real Estate Lawyers Association on this agreed bill that the governor signed very quickly. As the guidance document explains, there are not many substantive changes, but the Act has been made more current and clarifies some common questions. The new report should be used in lieu of the former version, effective immediately.
4/19/2022 11:00 AM
April 18, 2022 PEORIA, IL Inventory of homes on market drops to a record low level ... The inventory of homes on the market in the Peoria-area reached a record breaking low in the first quarter this year as sales decreased 12.2% compared to the first quarter of 2021.
3/21/2022 1:44 PM
PAAR is excited to announce its partnership with various local organizations to better the Greater Peoria Area by 2030. Central Illinois is a special place to live, work and grow though greater affordability and connectivity that translates into a better overall quality of life for all. Greater Peoria 2030 has three life cycles: short term, 5-year and 10-year components. This initial campaign will focus on the short-term and 5-year cycles of the project.
3/15/2022 2:53 PM
1/18/2022 7:09 AM
January 13, 2022 PEORIA, IL- The year 2021 was another record-breaking year for home sales in the Peoria area. The Peoria Area Association of REALTORS® reported that 7,634 homes were sold in the Peoria area last year, topping the 2020 total of 6,798 homes sold.
The PAAR CARES Foundation is a 501(c)3 organization providing charitable and benevolent support to residents of Central Illinois.
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