2025 daily Blog June 19, 2025

Should You Accept the First Offer in Today’s Market? (And What Juneteenth Reminds Us About Ownership)

💬 Should You Accept the First Offer in Today’s Market? (And What Juneteenth Reminds Us About Ownership)

In today’s fast-paced real estate market, especially here in Peoria, Tazewell, and Woodford counties, it’s not unusual to list your home and get an offer within 24–48 hours. For many sellers, the immediate reaction is:

“Jack, should I take it before I lose it?”

Fair question. But as we recognize Juneteenth—a holiday commemorating the delayed delivery of freedom and opportunity to millions—we’re reminded that timing, information, and empowerment matter. The same goes for one of the biggest financial decisions of your life: selling your home.

So should you take the first offer? The answer, like most things in real estate, is: It depends.

Here’s how I guide my clients through this crucial moment—and how we make the right call based on strategy, not fear.


📦 First Offers Are Often Strong—But Not Always Best

In a competitive market, the first offer you receive may be the result of pent-up buyer demand. Some homes in Morton, Dunlap, and East Peoria attract serious buyers the moment they hit the MLS—especially if they’re priced right and show well.

But here’s what you need to ask:

  • Is the price fair and in line with market value?

  • Are the terms clean (i.e., no unusual contingencies)?

  • Is the buyer pre-approved, or just pre-qualified?

  • Are there signs of other interest that could lead to multiple offers?

Accepting a first offer without fully evaluating the playing field could leave money on the table—or create complications down the line.


⏳ Should You Wait for More?

Sometimes, waiting 24–72 hours after the first offer can attract competing buyers—especially if the property is in a hot area or under $300K. But that doesn’t mean dragging your feet indefinitely.

Buyers can move on quickly, especially in today’s market. The key is knowing when to:

  • Set a short deadline to allow other buyers to step up

  • Counter the offer and feel out buyer flexibility

  • Accept right away if the terms are ideal and the timeline fits

This is where experience and real-time market insight make all the difference. I don’t just guess—I evaluate active and pending listings, buyer activity, and recent comps before giving you my recommendation.


📉 When Accepting the First Offer Makes Sense

There are times when jumping on the first offer is the right move:

  • You need to sell quickly due to a relocation or life change

  • The offer is above asking and waives inspection or appraisal

  • Your home had limited showings and online traffic

In these cases, the first offer might also be the best offer. But you’ll only know that if you’ve had honest guidance and explored the data—not just the dollar amount.


🧠 My Approach: Strategy Over Emotion

Selling a home is emotional. But the best decisions come from clarity, not panic. My job is to take a step back and ask the right questions:

  • What’s your bigger goal with this move?

  • What’s the risk of holding out versus taking action now?

  • What other buyers may be lurking?

We evaluate every angle together—and make a move based on logic, not fear of missing out.


❤️ A Thought on Juneteenth and Ownership

Juneteenth honors the delayed freedom of enslaved Americans and the long, ongoing struggle for equity—including in housing.

Homeownership isn’t just a financial milestone—it’s a symbol of independence, progress, and legacy. Whether you’re selling a starter home or passing down a property that’s been in your family for decades, your decision matters—and deserves respect, patience, and a thoughtful approach.

You’ve worked hard to get here. I’ll make sure you finish strong.


📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #Juneteenth #SellYourHome #PeoriaRealEstate #TazewellCountyHomes #WoodfordCountyRealEstate #SmartSelling #FirstOfferStrategy #HomeownershipMatters #CentralILRealEstate

2025 daily Blog June 18, 2025

How to Time Your Sale and Purchase Perfectly in Central IL

🔁 How to Time Your Sale and Purchase Perfectly in Central IL

One of the most common questions I get—especially in this fast-paced market—is:

“Jack, how do I sell my house and buy the next one without getting stuck in limbo?”

It’s a great question. And if you’re selling a home in Peoria, Tazewell, or Woodford County and planning to buy your next place at the same time, this post is for you.

Balancing both sides of a move is a little like juggling chainsaws—blindfolded—on a trampoline. But don’t worry. I’ve guided hundreds of clients through this exact process, and with the right strategy, it doesn’t have to be stressful.

Here’s how to time your sale and purchase like a pro—and avoid the most common pitfalls that turn real estate transactions into chaos.


📍 Step 1: Know the Market You’re Selling And Buying Into

In Central Illinois, we’re currently in a low-inventory, high-demand market for homes priced under $350K. That means:

  • Selling? You’ll likely go under contract quickly—sometimes within days

  • Buying? You might face competition and need to move fast when the right home hits the market

Knowing both sides of the equation helps us build a plan that protects you financially and logistically.


📋 Step 2: Get Pre-Approved Early—Even Before Listing

Before you think about scheduling your first showing, you should be pre-approved with a local lender. Why?

Because when your current home goes under contract, things move fast—and you’ll need to write competitive offers with proof of financing already in hand.

Even better? With your pre-approval done, we can estimate your new monthly payment, down payment, and what to expect when your current home sells.


🔁 Step 3: Consider a Contingent Offer or Sale-Then-Buy Strategy

There are two main strategies when timing both sides of a move:

Option 1: Sell First, Then Buy

This is the safer financial route. You list your current home, sell it, and then shop for your next one. The upside? You know exactly how much you’re working with. The downside? You may need temporary housing if you don’t find your next home quickly.

✅ Best for: Buyers with flexible timing or somewhere to stay in between.

Option 2: Make an Offer Contingent on Selling Your Home

This strategy lets you write an offer on a new home—but make it contingent on your current one selling. In today’s market, these offers work best when your home is already listed or under contract.

✅ Best for: Sellers in desirable neighborhoods and buyers with clear criteria.

Pro tip: I’ve helped many clients negotiate post-close possession—meaning they sell their home and stay for a few days or weeks afterward while they close on their next one.


🧠 Step 4: Line Up Timelines With a Pro Who’s Done This Before

You don’t have to guess at timing, inspection scheduling, or when to list your current home. I’ve coordinated hundreds of back-to-back transactions—often down to the hour.

Here’s how I help:

  • Coordinate your close dates to minimize overlap or gaps

  • Help you submit winning offers with strong terms (not just price)

  • Market your current home for max exposure and fast results

  • Stay in constant communication with lenders, attorneys, and agents to keep the process smooth


🔑 Bottom Line: Don’t Wing It

The biggest mistake I see? Trying to “wing it” without a game plan—or worse, working with an agent who’s never navigated both sides of a deal.

Timing your sale and purchase doesn’t have to feel impossible. With the right prep, strategy, and communication, you can transition smoothly from one home to the next—without double mortgages or sleeping on your cousin’s couch.

Let’s talk through your goals and create a plan that fits your timeline, budget, and next chapter.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #SellAndBuy #CentralILRealEstate #PeoriaRealEstate #MovingTips #HomeBuyingHelp #TazewellCountyHomes #RealEstateAdvice #DunlapIL #WashingtonIL

2025 daily Blog June 17, 2025

The 3 Ds of Prepping Your Home for Market: Declutter, Depersonalize, Detail

🧽 The 3 Ds of Prepping Your Home for Market: Declutter, Depersonalize, Detail

You’ve probably heard the saying: “You never get a second chance to make a first impression.”
When it comes to real estate, that first impression happens before the buyer ever steps foot inside your home. It happens online, through photos, and the emotional response they get the moment they walk through the door.

If you’re preparing to sell in Peoria, Tazewell, or Woodford County, here’s the good news: You don’t need to spend thousands remodeling to make your home stand out. In fact, most sellers just need to focus on the 3 Ds:

Declutter. Depersonalize. Detail.

I’ve used this exact framework to help sellers across Central IL prep their homes and get top dollar—without a major renovation.


1. 🧹 Declutter: Less Is Always More

Buyers need to be able to see the space, not your stuff. Too much furniture, overstuffed closets, and cluttered countertops make even a large home feel cramped and chaotic.

Here’s how to declutter like a pro:

  • Start with surfaces. Clear off counters, nightstands, dressers, and tables. One or two decorative items is plenty.

  • Trim furniture. If a room feels tight, remove that extra recliner or bulky side table. You’re not decorating—you’re showcasing space.

  • Box it up. Pack away seasonal items, toys, books, and anything you don’t use weekly. Rent a storage unit or fill the garage (buyers expect it to be full anyway).

  • Simplify closets. Buyers will peek inside. A closet that’s half full says, “there’s plenty of space.” A packed closet says, “this place is bursting at the seams.”

Pro tip: If you’re not sure what’s too much, I’ll walk through your home and give you specific, honest suggestions.


2. 🖼️ Depersonalize: Let Buyers Picture Themselves Living There

We all love our family photos, sports memorabilia, and personal style—but buyers need to imagine their lives in the space, not yours.

Focus on making your home feel neutral and welcoming:

  • Remove family portraits and personalized décor

  • Swap out bold or polarizing artwork for something simple and universal

  • If your walls are painted in loud colors (bright red, lime green, deep purple), consider a fresh coat in a soft, neutral tone like greige or warm white

You don’t need to strip every bit of character—but the goal is to create a blank canvas that invites the buyer to mentally move in.


3. 🧼 Detail: Clean It Like You’re Going to Be Judged (Because You Are)

Details matter—especially in a competitive market where buyers are comparing your home to 10 others online before ever scheduling a showing.

Detailing your home means going beyond a basic clean:

  • Scrub grout, baseboards, and vents

  • Wipe down doors, trim, and switch plates

  • Clean windows inside and out

  • Shampoo carpets or replace if they’re stained

  • Make sure every room smells fresh—but not artificially perfumed

If cleaning isn’t your thing or you’re pressed for time, hire a pro. The investment almost always pays off in higher offers and a faster sale.


🏡 Why This Works

These 3 steps—Declutter, Depersonalize, and Detail—are the difference between a home that sits on the market and one that sells quickly and for top dollar.

I’ve helped hundreds of Central Illinois homeowners get their properties photo-ready and showing-ready using this exact formula. In many cases, we’ve been able to add $5,000–$15,000 in perceived value without a single renovation—just by presenting the home like a model.


🗓️ Ready to Get Market-Ready?

You don’t have to do this alone. I’ll walk through your home and give you honest feedback about what to pack, clean, fix, or leave alone—so you don’t waste time or money.

Let’s get your home ready to shine. When you’re ready to list, Call Duvall!

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #SellYourHome #PeoriaRealEstate #HomeStagingTips #TazewellCountyHomes #CentralILHomes #ListingPrep #RealEstateAdvice #DeclutterDepersonalizeDetail


2025 daily Blog June 16, 2025

Why Some Homes Sit While Others Sell Fast in Central IL—And What to Do About It

🏚️ Why Some Homes Sit While Others Sell Fast in Central IL—And What to Do About It

We’ve all seen them—those homes that pop up on the market with a decent price and good location… and then just sit there. No offers. No buzz. Weeks turn into months.

Meanwhile, other homes down the street sell in days—sometimes with multiple offers.

So what gives?

If you’re planning to sell your home in Peoria, Tazewell, or Woodford County, it’s crucial to understand what separates homes that sell quickly from those that linger. After helping more than 1,000 clients over the last two decades, I’ve seen every possible reason a house sits—and I know how to keep your listing from falling into that trap.

Here are the most common reasons a home doesn’t sell fast in Central IL—and how we can fix it.


1. 💰 Overpricing Out of the Gate

This is hands-down the #1 reason homes sit.

Overpricing isn’t just a math problem—it’s a psychological turn-off for buyers. When a home hits the market overpriced, it gets skipped in search filters, ignored at open houses, and buyers assume something must be wrong if it hasn’t sold quickly.

Even worse? By the time you drop the price, your listing has lost momentum and feels “stale.”

The Fix:
I run a hyper-local comparative market analysis—not just based on square footage, but recent buyer activity, pending sales, and subtle neighborhood trends. We price it right the first time to drive traffic and create urgency.


2. 📸 Poor Presentation

In 2025, buyers are scrolling listings on their phones like they scroll Instagram. If your photos are dark, blurry, or show cluttered rooms, you’re sunk.

Same goes for listings without videos, 3D tours, or professional staging. If you don’t wow buyers online, they’ll never step foot inside.

The Fix:
Every listing I market includes pro photography, targeted social media exposure, and staging guidance to show your home in its best light—literally and figuratively.


3. 📍 Location Challenges (That Can Be Overcome)

Sometimes homes don’t move fast because of things out of your control—like being on a busy road, near train tracks, or having a small yard. But that doesn’t mean you can’t sell quickly—you just have to position it right.

The Fix:
We highlight the home’s strengths, price strategically, and target buyers who value what your home offers (think proximity to schools, updated interiors, or move-in readiness). I’ve sold plenty of homes others thought would be tough—because I know how to market to the right buyer, not every buyer.


4. 🚧 Deferred Maintenance or Red Flags

Peeling paint, cracked driveways, musty smells, old carpets—these things send buyers running, even if the bones are solid. A long list of little problems turns into one big “no thanks.”

The Fix:
I do a walk-through before listing and give you honest, strategic recommendations. Sometimes it’s as simple as repainting the front door, fixing a leaky faucet, or replacing old light fixtures. Small updates often lead to big payoffs.


5. ❌ Lack of Marketing Muscle

If your home’s only being marketed on Zillow, you’re missing 90% of the action. Generic MLS listings don’t cut it anymore.

The Fix:
I promote your home through a custom marketing plan:

  • Facebook and Instagram ads

  • Email blasts to active buyers

  • Listing exposure on top platforms

  • Targeted outreach to agents with buyers

  • Plus, your own branded property website when needed

Homes don’t sell themselves—even in a hot market. Strategic marketing makes all the difference.


🧠 Don’t Let Your Listing Go Cold

If you want your home to sell quickly and for top dollar, you need more than luck. You need an experienced, full-time REALTOR® who understands pricing, psychology, presentation, and marketing.

That’s what I do—and that’s how I’ve sold over 1,000 homes in Central IL.

Let’s talk strategy and get your home SOLD—fast, clean, and for the most money possible.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #SellYourHome #PeoriaRealEstate #TazewellCountyHomes #WoodfordCountyRealEstate #RealEstateTips #ListWithJack #HomeSellingAdvice #CentralILHomes


2025 daily Blog June 13, 2025

How I Negotiate Better Deals for My Buyers (Even in a Seller’s Market)

💼 How I Negotiate Better Deals for My Buyers (Even in a Seller’s Market)

Let’s clear something up—just because we’re in a seller’s market doesn’t mean buyers should roll over and play dead.

Yes, inventory is low. Yes, interest rates are creating urgency. But no, that doesn’t mean you can’t get a great deal on a home in Central Illinois—if you have the right strategy, the right approach, and the right Realtor in your corner.

I’ve helped over 1,000 buyers in my 20+ year career—from first-time homeowners in Washington to savvy move-up buyers in Dunlap—and I’ve closed hundreds of deals where my clients walked away with more value, better terms, and peace of mind… even when competing with multiple offers.

Here’s how I do it—and how I can help you win in today’s market.


🎯 Step One: Understand the Seller’s Position

Every negotiation starts with listening. Before I ever draft an offer, I make it a point to understand:

  • Why the seller is moving

  • How long the property has been on market

  • What competing listings are available nearby

  • What terms the seller values most (it’s not always price!)

Sometimes a fast close is more important than $5,000. Sometimes avoiding repairs matters more than net profit. The key is knowing what actually motivates the seller, and then tailoring your offer to speak directly to those needs.


💰 Step Two: Get Creative With Terms

Price matters, but it’s not everything.

I’ve helped buyers win deals by including:

  • Escalation clauses to beat competing offers without overpaying

  • Flexible closing dates that let sellers stay longer while buyers lock in their rate

  • As-is offers with inspection rights (we can still walk away if we find major issues)

  • Pre-inspections that allow my buyers to waive contingencies confidently

In short, I find ways to make your offer look stronger—without blowing your budget.


🛠️ Step Three: Inspections Without the Drama

One of the most emotional parts of any deal? The inspection.

Some buyers turn this phase into a standoff. Not me.

I coach my clients on what actually matters (foundation, roof, HVAC, electrical) and what’s just noise (cosmetic drywall cracks, scuffed baseboards, 1993 wallpaper).

When major repairs are warranted, I negotiate strategically. Sometimes that means credits at closing. Sometimes it means having my go-to contractors estimate real costs we can present to the seller. And sometimes it means walking away, knowing there’s a better home waiting.


🤝 Step Four: Build Rapport Without Compromising Strength

Here’s the part most agents miss: Negotiation isn’t always about being the loudest voice in the room—it’s about being the most respected.

I work hard to build rapport with the listing agent, maintain professionalism, and show that my buyers are serious, qualified, and flexible. That kind of reputation can make all the difference when the seller is reviewing 3–5 similar offers.

And when things get tense? I know how to push without pushing too far.


🔍 Step Five: Know When to Walk Away

One of the best negotiating tools? The ability to walk away.

I never let my buyers fall into emotional traps that lead to overpaying or settling for the wrong house. If the deal starts looking lopsided, I walk you through your options and make sure you know you’re not stuck.

There are always other homes—and I’ll help you find the next great one.


🧠 Real-World Results

Here are just a few recent wins:

  • A buyer in Pekin saved $7,500 in closing costs on a home listed above asking—because we caught something the seller missed in the comps.

  • A young couple in Metamora beat out 6 offers by tailoring terms to match the seller’s timeline perfectly.

  • A family relocating to Dunlap got the home AND the appliances included—by leveraging a clean offer and strong communication with the listing agent.


💬 Bottom Line: You Deserve a Fierce Advocate

This isn’t just about winning homes—it’s about protecting your future, your finances, and your peace of mind. Buying a house is one of the biggest financial decisions you’ll ever make. You shouldn’t go into it with someone who’s just there to open doors.

You need a negotiator. A strategist. A closer.
That’s what I do—and I’ve got the track record to prove it.

Let’s find your next home—and win it on your terms.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #RealEstateNegotiator #PeoriaRealEstate #CentralILHomes #TazewellCountyHomes #WoodfordCountyRealEstate #BuyerTips #SmartRealEstateMoves #NegotiationExpert

2025 daily Blog June 12, 2025

Buying in a Flood Zone? What Peoria & Tazewell Buyers Need to Know

🌊 Buying in a Flood Zone? What Peoria & Tazewell Buyers Need to Know

Imagine finding the perfect home—great layout, nice yard, just the right price… then someone casually drops:

“Oh, by the way… it’s in a flood zone.”

Deal breaker? Not necessarily.

If you’re buying in Peoria or Tazewell County, flood zones are a reality in certain neighborhoods—especially near the Illinois River, smaller creeks, and low-lying terrain. But that doesn’t mean you should run. It just means you need to be informed.

Here’s what Central Illinois buyers need to know about flood zones, how they impact your purchase, and how to protect your investment without panic.


📍 Where Flood Zones Exist in Central Illinois

In our market, homes located near:

  • The Illinois River (especially in East Peoria, Creve Coeur, and Peoria’s riverfront)

  • Farm Creek or Ten Mile Creek

  • Parts of South Pekin, North Peoria, or even Chillicothe

…may fall into flood-prone areas as defined by FEMA maps.

A home being in a flood zone doesn’t necessarily mean it floods—but it does mean there’s a measurable risk that lenders and insurers take seriously.


🧾 What Is a Flood Zone, Exactly?

FEMA classifies flood zones into categories based on risk:

  • Zone X: Minimal risk (not considered a flood zone by lenders)

  • Zone AE or A: Higher risk—flood insurance is usually required

  • Zone VE: Coastal—rare in Central IL, but sometimes shows up near rivers

Most homes that require flood insurance will fall into Zone AE or A. The maps are updated periodically, so what wasn’t a flood zone 10 years ago might be one today—and vice versa.


💸 How It Affects Your Mortgage & Insurance

If you’re financing the home, your lender will likely require you to carry flood insurance if it’s in a designated high-risk zone.

Here’s the catch:
Flood insurance isn’t included in your standard homeowner’s policy. It’s a separate policy and cost—and the price varies dramatically based on the home’s elevation and prior flood history.

  • Low-risk zones: Often $300–$600 annually

  • Higher-risk zones: Can be $1,500+ depending on the home

Pro tip: I always recommend buyers get a quote before going under contract—so there are no surprises once you’re locked in.


🏚️ What About Resale Value?

Flood zone homes can still sell quickly—if priced appropriately and marketed well. In fact, many buyers get great deals on homes in zones A or AE, then invest in proper floodproofing and ride out the risk with good insurance coverage.

But yes, it can reduce your buyer pool slightly—and that’s where your agent needs to be savvy about pricing, positioning, and educating future buyers. (Don’t worry, I’ve done it.)


🔧 How to Reduce Flood Risk

If you fall in love with a home in a flood zone, there are steps you can take to reduce risk:

  • Install a sump pump with battery backup

  • Elevate utilities like water heaters and electrical boxes

  • Grade your yard to slope away from the home

  • Seal foundation cracks and use water-resistant building materials in the basement

  • Apply for a Letter of Map Amendment (LOMA) if the flood map doesn’t match the actual elevation

I’ve helped clients successfully lower their insurance premiums and risk with these exact strategies—especially in East Peoria and South Pekin.


💬 The Bottom Line

Buying a home in a flood zone isn’t a deal breaker—but it’s not a detail to ignore, either. If the price is right, the home is solid, and you understand the insurance and resale implications, you could be looking at a smart investment.

As long as you’ve got an agent who knows the local geography, the FEMA process, and the right questions to ask during inspection… you’ll be just fine.

Let’s find you a home that fits your lifestyle and your risk tolerance.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #PeoriaRealEstate #FloodZoneInfo #CentralILHomes #TazewellCountyRealEstate #PeoriaIL #SmartHomeBuying #FirstTimeBuyer #HomeBuyingTips

2025 daily Blog June 11, 2025

Is Building New in Germantown Hills or Dunlap Worth It in 2025?

🏗️ Is Building New in Germantown Hills or Dunlap Worth It in 2025?

If you’ve been house hunting around Peoria, Woodford, or Tazewell County lately, you’ve probably had this thought:

“Maybe I should just build instead.”

It’s a common reaction—especially when existing inventory is limited, fixer-uppers need more work than you’re willing to do, or every decent listing is under contract before you can schedule a showing. Building a brand-new home in places like Germantown Hills or Dunlap is a tempting alternative… but is it the right move?

Here’s a breakdown of what building new in 2025 really looks like, how it compares to buying existing homes, and what you should know before making a decision.


🏘️ Why Germantown Hills & Dunlap Are Hot Spots for New Construction

These two communities check all the boxes for homebuyers looking for newer amenities with small-town charm.

  • Dunlap: Known for its award-winning school district, proximity to Peoria, and highly desirable subdivisions like Wynncrest and Copperfield.

  • Germantown Hills: Offers a more rural feel, top-rated schools, and quiet neighborhoods with larger lots—ideal for families or anyone craving elbow room.

Both towns offer solid resale potential, excellent infrastructure, and builders who’ve been active in the market for years.


🔍 The Pros of Building New in 2025

Customization: You get to choose the floor plan, finishes, paint colors, countertops, and more. Your home, your style—no need to “live with” someone else’s outdated carpet.

Energy Efficiency: New builds are more efficient than homes even 10 years old. Think high-efficiency HVAC systems, better insulation, and energy-smart appliances that save you money over time.

Fewer Repairs: No need to worry about an aging roof, foundation cracks, or surprise plumbing issues. Everything’s brand new—and often under warranty.

Modern Layouts: Open floor plans, walk-in closets, big kitchen islands, and attached garages are standard—not wishlist items.


🚧 The Challenges (and Realities) of Building in 2025

While building offers serious advantages, it’s not all smooth sailing—especially this year. Here’s what you need to consider:

Build Time: Most new homes take 6 to 9 months to complete. Delays from weather, labor shortages, or material backorders are still common. If you need to move fast, this might not be ideal.

💸 Cost Creep: The base price may look great—but upgrades add up quickly. Cabinet pulls, upgraded flooring, lighting packages, finished basements… they’ll all increase your final price.

📈 Interest Rate Lock-In: Many buyers can’t lock in their mortgage rate until closer to closing. That means you could be exposed to rate hikes over the build timeline—unless your lender offers a long-term lock program (hint: I know who does).

🧱 Lot Availability: In some parts of Dunlap and Germantown Hills, the best lots are already claimed. You might need to act quickly or wait for the next phase.


💰 What’s the Price Difference?

As of mid-2025, here’s a general breakdown:

  • New construction: $330K–$450K+ depending on builder, finishes, and location

  • Existing homes (5–15 years old): $260K–$340K with similar square footage

If budget is your top concern, you may find more value in buying existing—especially if the home is in great shape. If personalization and energy efficiency matter more to you, then new construction may be worth the extra upfront cost.


🔨 Pro Tip: Work With an Agent—Even When Building

Many buyers assume they don’t need a REALTOR® when building. Wrong. The builder’s agent represents the builder, not you. My job is to:

  • Help you negotiate upgrades and contract terms

  • Connect you with financing options, inspectors, and warranty info

  • Guide you through every step, from lot selection to final walkthrough

  • Make sure you’re not taken for a ride

And the best part? The builder pays my commission—not you. So there’s literally no downside to having me in your corner.


📍 So… Is Building New Worth It?

If you’re in a flexible timeline, want control over every design detail, and can navigate the process with a pro—you’re a great candidate for new construction.
But if you want to move in fast, keep your budget tighter, or avoid decision overload? Let’s look at newer resale homes in Dunlap, Germantown Hills, and Washington. There are some gems out there.

Either way, I’ll help you figure out what makes the most sense for your goals and finances—and get you moving in the right direction.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #NewConstruction2025 #DunlapIL #GermantownHills #PeoriaRealEstate #CentralILHomes #BuySmart #RealEstateAdvice


2025 daily Blog June 10, 2025

7 Mistakes Buyers Make in a Hot Market—And How to Avoid Them in Central IL

⚠️ 7 Mistakes Buyers Make in a Hot Market—And How to Avoid Them in Central IL

Let’s be real—buying a home in 2025 isn’t exactly a stroll through Glen Oak Park.

Rates are fluctuating, inventory is tight, and if you’re buying in Peoria, Tazewell, or Woodford County, the best homes aren’t sitting around waiting for your second showing. I’ve worked with thousands of buyers over the years, and in a competitive market like this one, a small mistake can cost you big.

Here are the 7 most common buyer mistakes I see in Central IL—and how to avoid them like a pro.


1. 🏦 Not Getting Pre-Approved Before House Hunting

Biggest rookie move in the book.
Looking at homes before you’re pre-approved is like walking into a steakhouse with no wallet.

Why it matters:
Sellers (and their agents) won’t take your offer seriously if there’s no pre-approval letter attached—especially when there are multiple offers flying in.

What to do instead:
Talk to a trusted local lender before you start browsing. I can recommend a few that move fast and explain your options clearly.


2. ⌛ Waiting Too Long to Make an Offer

Good homes in Morton, Metamora, and Dunlap are moving in days—sometimes hours. If you’re still “thinking it over” by day three, someone else already got the keys.

What to do instead:
If a home hits 8 out of 10 of your must-haves, be ready to move. Waiting around is how you lose the house—and the next one.


3. 💸 Lowballing in a Seller’s Market

You may want a deal, but writing a “let’s see what happens” offer in this market is a great way to never hear back. It’s not 2011 anymore.

What to do instead:
Lean on your agent (👋 hey, that’s me). I’ll analyze the comps and help you write a strong, smart offer that’s competitive but doesn’t overpay.


4. 📋 Skipping the Inspection (or Not Taking It Seriously)

Yes, you want to be aggressive. No, that doesn’t mean waiving your right to a home inspection. Central Illinois homes have basements, boilers, and quirks you’ll want to know about.

What to do instead:
Always inspect. You can choose to waive minor repairs after—but at least you’ll know what you’re getting into.


5. 📍 Ignoring Location for Square Footage

A 2,400-square-foot house in the wrong school district or 35 minutes from work won’t feel like a win when the excitement wears off.

What to do instead:
Make sure you’re buying in a location that fits your life—not just your furniture. Towns like Washington, Peoria Heights, and Germantown Hills offer balance between size and lifestyle.


6. 🧾 Blowing the Budget on the Mortgage Alone

Your lender approves you based on income—not comfort. I’ve seen buyers stretch to the max and regret it when taxes, maintenance, and HOA fees pile on.

What to do instead:
Look at the full monthly cost—not just the principal and interest. I help my buyers factor in realistic costs before writing any offers.


7. 🙅‍♂️ Trying to Do It Alone

Zillow might show you listings, but it doesn’t tell you about neighborhood nuances, offer strategies, or which house is about to hit the market.

What to do instead:
Work with a local agent who knows Central IL inside and out (👋 still me). I help buyers every single day avoid these headaches—and win homes they love.


Ready to Buy Like a Pro?

Whether you’re a first-time buyer or it’s been a few years, the market is different in 2025—but that doesn’t mean you can’t win. You just need the right plan, the right mindset, and the right agent on your side.

Let’s avoid the pitfalls, stay ahead of the pack, and find you the perfect home in Peoria, Tazewell, or Woodford County.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #HomeBuyingTips #CentralILRealEstate #PeoriaRealEstate #BuyWithConfidence #FirstTimeBuyer #PeoriaHomes #TazewellCountyHomes #WoodfordCountyRealEstate

2025 daily Blog June 9, 2025

Best Homes for First-Time Buyers in Morton, Pekin & Washington


🏡 Best Homes for First-Time Buyers in Morton, Pekin & Washington (2025 Edition)

If you’re a first-time homebuyer searching in Tazewell County, you’ve already made a smart move—this is one of the best areas in Central Illinois to plant roots.

Whether you’re looking for affordability, location, or lifestyle, towns like Morton, Pekin, and Washington offer a range of homes that check the boxes for first-timers. Here’s what you need to know about what’s out there, where to look, and how to land the right house—without losing your mind in the process.


🏘️ Morton: For Buyers Who Want Quality & Community

Morton is a standout for buyers who want a quiet, well-kept neighborhood feel with top-tier schools and strong long-term value.

  • Price range: $160K–$275K for starter homes

  • Style: Mostly ranches and split-levels from the 1970s–1990s

  • Hot tip: Focus on neighborhoods near Idlewood Park or Jefferson Elementary

  • Bonus: Morton’s resale value is strong thanks to limited inventory and community reputation


🏡 Pekin: More House, Less Budget Stress

If you want more square footage without stretching your wallet, Pekin is where it’s at. You’ll find larger homes, big yards, and solid bones—even if some need a little cosmetic love.

  • Price range: $120K–$210K for 3-bed, 2-bath homes

  • Style: Mix of 1950s brick ranches, early 2000s homes, and bungalows

  • Neighborhoods to watch: Sunset Hills, Broadway, and Parkway

  • Bonus: Close proximity to Peoria and Illinois River recreation


🏡 Washington: Small-Town Vibe with Modern Perks

Washington is one of the most sought-after towns in Tazewell County, especially for first-timers wanting newer construction in an established community.

  • Price range: $190K–$290K

  • Style: Lots of newer ranches and split-levels from the past 20 years

  • Standout neighborhoods: Trailcreek, Devonshire, and Oak Ridge

  • Bonus: Highly rated schools, modern amenities, and a tight-knit feel


💡 Tips for First-Time Buyers in 2025

  • Get pre-approved early. This market moves fast.

  • Be ready to act. Homes under $250K in these areas often sell in days.

  • Work with a local expert. You don’t want to get beat out by a cash buyer just because you hesitated.


🧭 Ready to Find the Right Home?

Whether you’re leaning toward Morton, Pekin, or Washington, I’ll guide you every step of the way—from your first showing to closing day. I know the neighborhoods, the deals, and how to help first-time buyers get to yes without the stress.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #FirstTimeBuyer #TazewellCountyHomes #MortonIL #PekinIL #WashingtonIL #PeoriaRealEstate #CentralILHomes #BuyWithJack

2025 daily Blog June 6, 2025

Call Duvall! How I Help Central Illinois Sellers Stand Out in Summer


☀️ Call Duvall! How I Help Central Illinois Sellers Stand Out in Summer

The Central Illinois summer market is a sprint—not a marathon.
Buyers are out. Inventory is low. And homes that stand out? They’re the ones that get multiple offers, top-dollar deals, and fast closings.

But standing out takes more than slapping a sign in the yard and crossing your fingers. It takes strategy. Experience. And someone who knows how to get eyes—and offers—on your property.
That’s where I come in.


🧠 It Starts With Smart Pricing

Most agents pull comps, then guess. I dig deeper.
I analyze micro-trends in your exact neighborhood, current buyer demand, and active competition. That means we price your home right the first time—so it grabs attention without leaving money on the table.


📸 Killer Marketing That Gets Results

Most buyers will find your home online first. That means the photos, copy, and presentation have to be top-tier—or you’re dead in the digital water.

Here’s what my listings include:

  • Professional photography (no phone pics here)

  • Strategic staging advice (inside & out)

  • Facebook ads, Instagram posts, and email blasts

  • Listing syndication across Zillow, Realtor.com, Redfin, and beyond

I don’t just post your home—I promote it.


🏆 Negotiation? That’s My Arena.

With over 1,000 homes sold and 20+ years of Central IL experience, I know how to read buyers, vet offers, and drive negotiations in your favor.
Whether it’s price, terms, possession, or inspection repairs—I protect your bottom line like it’s my own.


🏘️ Local Expertise You Can Trust

From Peoria to Pekin, Morton to Metamora, I’ve worked nearly every street in Tazewell, Peoria, and Woodford counties. I know what buyers are looking for, what they’ll pay, and how to position your home to hit all the right notes.


⏳ Summer Moves Fast—So Should You

If you’re thinking of selling, this is your window. Homes are still in demand. Rates have stabilized. And serious buyers want to close before the school year starts.

Let’s make sure your home gets noticed—and SOLD.
📞 Call Duvall today for a free, no-obligation home evaluation.

📞 309-200-5480
🌐 CallDuvall.com

#CallDuvall #JimMaloofRealtor #ListWithJack #SellYourHome #CentralILHomes #PeoriaRealEstate #TazewellCountyRealEstate #WoodfordCountyHomes #TopDollarSale #SummerSellingSeason