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The Voice of Illinois Real Estate
Updated: 25 min 43 sec ago

32 ways Illinois REALTORS® make their communities better

Wed, 08/17/2016 - 1:00pm
They come from Dixon, Chicago, Belleville and many places in between. Some mentor teens at the local Boys and Girls Club, while others create attention-grabbing special events. Whether they are new to the business of real estate or experienced, they … Continue reading →

Morning Minute: First-time homebuyers pick up in June

Wed, 08/17/2016 - 10:07am
First-time buyers are back. In June, 33 percent of residential sales were to first-time buyers, an increase over the month before and a year ago, according to the National Association of REALTORS®. Read more. In other headlines: 6 Massive Mistakes … Continue reading →

REALTOR® contributes as Brighton village trustee, police commissioner

Tue, 08/16/2016 - 2:30pm
Chris Seniker may have won election as a Brighton village trustee in April 2015, but the residents who voted for him probably knew his name well before the election. That’s because Seniker had already made a name for himself as … Continue reading →

Morning Minute: How can rising prices affect your home equity?

Tue, 08/16/2016 - 10:59am
According to the Home Price Expectation Survey by Pulsenomics, you can expect about 3.5 percent increase in appreciation per year over the next five years. As explained in the KCM Blog, that means a home that sold for $250,000 earlier … Continue reading →

Morning Minute: The Do’s and Don’ts of Using Emojis in Real Estate

Mon, 08/15/2016 - 11:39am
Emojis are everywhere these days and the August issue of REALTOR® Magazine offers some helpful tips for REALTORS® on when and where it can be appropriate to use them for business with the article, “Do you know your emoji etiquette?” … Continue reading →

The beat goes on with Downs in Kankakee County

Mon, 08/15/2016 - 9:55am
No one gives a voice to children, the disabled, military veterans, first responders, the disadvantaged and the sick in Kankakee County quite like Bradley-area REALTOR® Jerry Downs. Downs, who began his real estate career about 12 years ago, enjoys helping … Continue reading →

Thursday Legal Webinar about drones, contracts and more

Mon, 08/15/2016 - 8:00am
Set aside an hour starting at 9:30 a.m. Thursday morning for the next Illinois REALTORS® Legal Webinar, titled “Drones, Contracts and More.” Transaction Helpline Attorney Jeff Baker and Legal Hotline Attorney Betsy Urbance will answer your questions about drone legislation … Continue reading →

What do Illinois senior citizens worry about more than healthcare costs or retirement saving?

Sun, 08/14/2016 - 4:45pm
According to a survey of 600 Illinois senior citizens aged 55 and older, rising property taxes worried them more than saving for retirement or paying for healthcare. At least that’s one finding in a survey commissioned by Illinois REALTORS®. “Often … Continue reading →

Consider CCIM’s Development Specialty Track for commercial real estate development

Fri, 08/12/2016 - 11:25am
Illinois REALTORS® who want a better understanding of the resources and business practices required of successful commercial real estate developers, investors and consultants should consider pursuing the Development Specialty Track through CCIM. To achieve this distinction, students must complete all … Continue reading →

Morning Minute: Fannie Mae survey finds more Millennials moving to homeownership

Fri, 08/12/2016 - 10:30am
Millennials, who as a generation have waited later to buy homes, are looking to homeownership as they have gotten older, according to a new Fannie Mae survey, HousingWire reports in the article, “Fannie Mae: Millennials finally starting to buy homes.” Fannie … Continue reading →

Rep. Roskam invites area REALTORS® to Aug. 22 meeting in West Chicago

Thu, 08/11/2016 - 3:53pm
U.S. Rep. Peter Roskam will host a roundtable discussion about issues in the local real estate market, starting at 10:30 a.m.  Aug. 22 in his office at 2700 International Drive in West Chicago. The discussion will be held in the … Continue reading →

Real Property Alliance, Chicago REALTORS® launch education initiative on Chicago property taxes

Thu, 08/11/2016 - 12:45pm
If you own property in Chicago, then you already know property tax bills increased substantially this year. Real Property Alliance, Illinois REALTORS® consumer outreach arm, is working to help those impacted by these higher tax bills. RPA is partnering with the … Continue reading →

Morning Minute: The impact of highly-ranked school districts on home prices

Thu, 08/11/2016 - 11:59am
Living in a sought-after school district brings benefits when it comes time to sell your home, according to realtor.com’s article, “It Pays to Own in an A-Plus School District—Here’s How Much.” Not only are buyers willing to pay more, but … Continue reading →

Property taxes, cost of living top senior concerns in Illinois

Thu, 08/11/2016 - 10:00am
Senior citizens like living in Illinois, but many say they are worried about property taxes and housing affordability, a survey commissioned by Illinois REALTORS® shows. The poll of 600 seniors aged 55 and older showed that two-thirds (66 percent) were … Continue reading →

Apply today for Vote by Mail Ballot for Nov. 8 general election

Wed, 08/10/2016 - 1:42pm
Today is the first day any registered Illinois voter living in the United States can apply for a Vote by Mail Ballot for the Nov. 8 general election, according to the Illinois State Board of Elections (ISBE). Requests can be … Continue reading →

Morning Minute: Lake County Housing Authority offers free Section 8 class

Wed, 08/10/2016 - 11:04am
REALTORS® and clients who are involved in residential rentals can learn the basics of accepting Housing Choice Voucher applicants by attending a free class offered later this month by the Lake County Housing Authority. “The Nuts and Bolts of the … Continue reading →

Morning Minute: New home construction picking up in the Chicago area

Tue, 08/09/2016 - 11:29am
Chicago area home construction is up 5.6 percent annually through the second quarter of this year, according to a recent study by the housing research company Metrostudy, the Chicago Tribune reports today in the article, “Chicago-area housing construction at a … Continue reading →

Joliet REALTORS® celebrate Homes for Heroes ribbon cutting celebration

Tue, 08/09/2016 - 9:50am
Joliet REALTORS®, Joliet Chamber of Commerce members and local dignitaries celebrated the ribbon cutting of the Homes for Heroes program coming to the City of Joliet Monday. Homes for Heroes offers savings to local community heroes when buying or selling … Continue reading →

Morning Minute: Fannie Mae’s Home Purchase Sentiment Hits Survey High in July

Mon, 08/08/2016 - 10:42am
More consumers are feeling positive about the housing market, home prices and mortgage rates this summer, according to Fannie Mae’s latest Home Purchase Sentiment Index, which rose to an index reading of 86.5 in July, a new high for the … Continue reading →

Illinois REALTORS® looking for volunteers for ombudsman program

Mon, 08/08/2016 - 9:34am
Illinois REALTORS® for several years have operated an ombudsman program which acts as a first call for assistance when questions or disputes arise from real estate transactions. The service is only available for those working with a REALTOR® in a transaction. … Continue reading →