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The Voice of Illinois Real Estate
Updated: 11 hours 20 min ago

Morning Minute: Housing starts build momentum in February

Thu, 03/16/2017 - 10:22am
New home construction increased 3 percent compared to last month and is up 6.2 percent from the same time last year, according to the latest housing starts data. With low housing inventory, the uptick in home building could signal a … Continue reading →

1990 Illinois REALTORS® President Arlen Speckman dies

Wed, 03/15/2017 - 4:16pm
Former Illinois REALTOR® Arlen Speckman died Wednesday in Kankakee. Speckman served as the 1990 Illinois REALTORS® president and the 1998 state REALTOR® of the Year. He was the Illinois REALTORS® 1985 District 5 vice president and was on the REALTORS® … Continue reading →

Fed raises interest rates, but impact not expected to be severe for homebuyers

Wed, 03/15/2017 - 2:51pm
The Federal Reserve, which had signaled interest rates were going to be ratcheted up, did just that on Wednesday, sending the benchmark short-term interest rate up a quarter of a percentage point. The short-term rate likely will have some implications … Continue reading →

REALTORS® delegation marketing state at largest real estate conference

Wed, 03/15/2017 - 2:16pm
Illinois REALTORS® Treasurer Dan Wagner interviews Jim Schultz, CEO of Intersect Illinois which helps market the state to foreign investors. Video produced by Matt Difanis, Illinois REALTORS´® president-elect.  Illinois REALTORS® have spent two full days meeting real estate investors from throughout the … Continue reading →

Morning Minute: Before you file your taxes, check these potential homeowner deductions

Wed, 03/15/2017 - 10:07am
If you are a homeowner, you might qualify for a number of tax deductions that could save you money on your final tax bill. In the article, “Your Home Tax Deduction Checklist: Did You Get Them All?” Realtor.com outlines potential … Continue reading →

Members-only video helps REALTORS® avoid social media mistakes

Tue, 03/14/2017 - 4:54pm
REALTORS® must properly identify their real estate business on Facebook, Twitter and other social media, according to the Illinois REALTORS® Professional Standards Toolkit Video, “Article 12 Compliance,” featuring President-elect Matt Difanis. “REALTORS® must – in a readily apparent manner, not … Continue reading →

5K REALTORS® need you to join fight against rent control too

Tue, 03/14/2017 - 3:18pm
More than 5,000 members of Illinois REALTORS® have submitted emails to their state representatives in the last eight days, asking them to reject House Bill 2430. But even more members need to join in if the bill is to be … Continue reading →

Consulate liaison Suvarnamani receives award

Tue, 03/14/2017 - 12:27pm
Nancy Suvarnamani, Broker/Owner of Century 21 S.G.R. in Chicago, and also the Illinois REALTOR® Consulate Liaison to the Royal Thai Consulate-General in Chicago received the Exemplary Community Service Award from the Asian American Coalition in Chicago last weekend. She is … Continue reading →

Morning Minute: Taking a closer look at the Gen X homebuyer

Tue, 03/14/2017 - 11:05am
Home purchases are picking up among Generation X consumers as more have built up equity and are ready for move up properties, according to the National Association of REALTORS®’ Home Buyer and Seller Generational Trends study. As home prices have … Continue reading →

Consolidated elections coming in three weeks: April 4

Tue, 03/14/2017 - 10:11am
Illinois consolidated elections will take place on Tuesday, April 4. The Illinois State Board of Elections can provide you with information that can help you prepare for those elections. Find out the location of your polling places by locating your … Continue reading →

Illinois REALTORS® take part in international real estate conference

Mon, 03/13/2017 - 7:36pm
For the third year Illinois REALTORS® is taking part in the annual MIPIM Conference in Cannes, France. Members of the association’s leadership and others who play a role in marketing the state as a place to buy property arrived Monday. They … Continue reading →

REALTORS® monitoring bills concerning rent control, state tax liens, Section 8 and more

Mon, 03/13/2017 - 4:23pm
The March 13 edition of the Illinois State Capitol Report offers insights into last week’s legislative activity, including explanations of bills concerning rent control, the state tax lien registry, Section 8 housing vouchers, changes to the Real Estate License Act, … Continue reading →

New video explains pre-license steps

Mon, 03/13/2017 - 10:13am
A new video created by the Illinois REALTORS® Licensing & Training Center explains the pre-license process to prospective brokers. “Become a Real Estate Agent in Illinois” provides a two-minute overview of how students can earn a license in three steps. … Continue reading →

NAR provides members tips to prevent cyberfraud

Mon, 03/13/2017 - 9:04am
The Legal Affairs Department for the National Association of REALTORS® offers numerous best practices for preventing scams, hacks and loss of data as well as recovery if members and their clients fall victim to one of these situations. REALTORS® can … Continue reading →

Remember to set clocks ahead one hour for Daylight Saving Time Saturday night

Fri, 03/10/2017 - 6:26pm
Daylight Saving Time begins at 2 a.m. Sunday, so remember any clocks that require manual adjustment should be moved forward an hour before you go to sleep Saturday night. According to federal law, Daylight Savings Time begins the second Sunday … Continue reading →

Plan to help Chicago REALTOR® Stone gain ’30 Under 30′ honor

Fri, 03/10/2017 - 12:00pm
REALTOR® Melanie Stone of Coldwell Banker Residential Mortgage in Chicago was named one of 50 finalists for REALTOR® Magazine’s 30 Under 30 class of 2017. As the sole Illinoisan to get this far in this year’s competition, she has two … Continue reading →

Early voting begins today for jurisdictions that held primaries

Fri, 03/10/2017 - 12:00pm
Starting today, REALTORS® can use the early voting process for the April 4 elections if they live in communities that held primary elections on Feb. 28. That’s according to the Illinois State Board of Elections’ website. The ISBE provides information … Continue reading →

Nominations sought for NAR 2017 Good Neighbor Awards

Fri, 03/10/2017 - 9:00am
If you know a REALTOR® who helps his or her community through volunteer work, nominate that person for a National Association of REALTORS® 2017 Good Neighbor Award by the May 12 deadline. Nominees are considered for the award based on … Continue reading →

TRAR, Illini Valley lend help to nearby tornado victims

Thu, 03/09/2017 - 4:30pm
The Three Rivers Association of REALTORS® (TRAR) and the Illini Valley Association of REALTORS® are working together to supplement assistance given by the American Red Cross and other relief organizations to victims of last week’s tornadoes in LaSalle County. TRAR … Continue reading →

Pro Standards Toolkit video explains difference between arbitration and mediation

Thu, 03/09/2017 - 2:45pm
When it comes to resolving disputes between REALTORS®, would you rather use arbitration or mediation? In the first members-only Professional Standards Toolkit video, “Arbitration vs. Mediation,” REALTOR® and trainer Diane Disbrow, GRI, CRS, ABR, compares the two options, explaining who … Continue reading →