Total home sales in the Peoria area in 2009 showed a 12.9 percent decline from the year before, according to Bill Embry who is president of the Peoria Area Association of Realtors. Embry says low interest rates and the tax credit for first-time buyers were market highlights during 2009. Four-thousand, 477 homes were sold in the Peoria area in 2009 compared to 5,142 in 2008. Embry says the tax...
more