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Updated: 9 hours 29 min ago

Q & A on the Illinois Managing Broker License Renewal

Fri, 03/22/2013 - 9:00am
By IAR Education Manager Carrie Elliott and IAR Legal Hotline Attorney Betsy Urbance By April 30, 2013 Illinois managing broker licensees must have completed the continuing education (CE) requirements and applied to renew their license through the Illinois Department of … Continue reading →

IAR’s advocacy effort yields results: SB1155 held … for now

Fri, 03/22/2013 - 8:58am
On Tuesday, the Illinois Association of REALTORS® issued a Call to Action against SB1155. The bill, which was sponsored by Sens. Thomas Cullerton, D-Chicago, and Linda Holmes, D-Aurora, could give counties and municipalities statewide the authority to force landlords to obtain licenses to … Continue reading →

Illinois expands Building Blocks homeownership program to 10 more communities

Thu, 03/21/2013 - 3:03pm
The Illinois Building Blocks program aimed at revitalizing communities through the sale of vacant homes is being expanded to include 10 additional Illinois communities: Belleville Blue Island Champaign Cicero Crest Hill Joliet Lockport Lynwood Melrose Park Peoria They join the … Continue reading →

IAR Webinar on Improving the Short Sale Experience with Fannie Mae Today

Thu, 03/21/2013 - 9:30am
Do you have the right tools to sell short sales in today’s market? Do you want to better understand how to work with homeowners pursuing a short sale? If so, there is still time to register for today’s Fannie Mae … Continue reading →

February home sales in Illinois up 16.2 percent; sixth straight month of year-over-year price gains – IAR releases February 2013 home sales data.

Thu, 03/21/2013 - 8:10am
Illinois home sales increased 16.2 percent over previous-year levels in February and median prices increased 5.1 percent, according to the Illinois Association of REALTORS®. Statewide home sales (including single-family homes and condominiums) in February 2013 totaled 8,213 homes sold, up … Continue reading →

What you need to know about the April 30 Managing Broker license renewal

Wed, 03/20/2013 - 9:59am
By IAR Education Manager Carrie Elliott and IAR Legal Hotline Attorney Betsy Urbance By April 30, 2013 Illinois managing broker licensees must have completed the continuing education (CE) requirements and applied to renew their license through the Illinois Department of … Continue reading →

IAR urges members to help fight crime-free measure, document recording fee in Illinois Senate

Tue, 03/19/2013 - 4:20pm
The Illinois Association of REALTORS® (IAR) is asking its members to call Illinois lawmakers today in opposition of two bills that could layer additional fees and drive up the cost of doing business in real estate. Senate Bill 1155, sponsored … Continue reading →

Morning Minute: Spring selling season getting an early start

Tue, 03/19/2013 - 11:29am
A slight increase in median list prices and listing inventories along with a drop in the median age of that housing inventory signals that U.S. homebuyers are getting an early start to the spring selling season, according to Realtor.com. In … Continue reading →

Financing Programs to Get Your Buyers Into a Home

Tue, 03/19/2013 - 8:00am
The spring homebuying season is upon us and there are a number of Illinois homebuyer assistance and mortgage financing programs available that could help get your buyers into a new home. From programs geared toward first-time buyers or veterans to … Continue reading →

IAR earns Game Changer Award for advocacy database project

Mon, 03/18/2013 - 5:02pm
The Illinois Association of REALTORS® was honored Monday for its work to provide members better access to advocacy information and political data. The association was given a Game Changer Award for a soon-to-be-debuted database called Skylights. The database will allow … Continue reading →

IHDA increasing mortgage assistance for Illinois Hardest Hit Program

Mon, 03/18/2013 - 10:40am
Beginning April 1, Illinois homeowners who are unemployed or underemployed and struggling to keep their homes could be eligible for $10,000 more — for up to a maximum of $35,000 per household — in mortgage assistance through the Illinois Hardest … Continue reading →

Coming to your mailbox: The Open House Issue

Mon, 03/18/2013 - 8:00am
This week members of the Illinois Association of REALTORS® will receive their April issue of Illinois REALTOR® magazine. What you’ll find in our Open House Issue: Opening Doors & Business Opportunities – Open House Tips From Five Illinois REALTORS® Holding … Continue reading →

Morning Minute: JPMorgan Chase forecasts higher home prices in 2013

Fri, 03/15/2013 - 10:05am
The latest market forecast from JPMorgan Chase is a fairly optimistic one with expectations of U.S. home prices rising as much as 7 percent in 2013, HousingWire reports today, “JPMorgan raises home price forecast, sees long road to recovery.” “As … Continue reading →

RealtyTrac: Chicago sees drop in foreclosure filings in February

Thu, 03/14/2013 - 2:15pm
The Chicago Sun-Times reports that February foreclosure filings in the Chicago metropolitan area dropped 11.5 percent to 11,444 compared to January and were 9 percent lower than February 2012, based on the latest foreclosure statistics from  RealtyTrac. Read the Sun-Times article. … Continue reading →

Where you live and where you are in life shapes what you value in a home

Thu, 03/14/2013 - 1:30pm
A new survey from the National Association of REALTORS® (NAR) finds that region, demographics and household composition are all factors in determining which features and amenities buyers value in a home. NAR’s 2013 Profile of Buyers’ Home Feature Preferences surveyed … Continue reading →

IAR Webinar on Screen to Screen Selling with Doug Devitre Today

Thu, 03/14/2013 - 9:38am
Does this sound familiar? You’ve gotten snowed in, you can’t make an appointment in time or you regularly work with international clients? IAR members, use your lunch hour today to learn tips to help you sell more real estate and make … Continue reading →

Chicago ranks high with international homebuyers

Wed, 03/13/2013 - 11:00am
The Windy City is a popular location when it comes to global buyers who are looking for a home. In fact, Chicago topped Realtor.com’s list of most searched U.S. cities by non-U.S. consumers throughout the month of January 2013. A National … Continue reading →

Morning Minute: Market improvement seen in some hard hit Chicago neighborhoods

Wed, 03/13/2013 - 10:26am
Good news for home values in some Chicago neighborhoods that had struggled following the housing downturn. Homes in the Pullman/Riverdale/Roseland and Englewood/Auburn Gresham neighborhoods are seeing home value gains, according the article, “Home values in some hard-hit Chicago neighborhoods turning … Continue reading →

Morning Minute: A changing market for first-time homebuyers

Tue, 03/12/2013 - 9:49am
First-time homebuyers are an important part of the housing market, but as inventory shrinks and the market recovers, those who are thinking about buying need to move now as prices and demand rise, say Rockford Area REALTORS®. In a segment … Continue reading →

Screen to Screen Selling: How to sell without being physically present

Mon, 03/11/2013 - 12:29pm
Illinois REALTORS®, learn how to sell and serve your real estate clients even when you can’t physically be there with the latest IAR members-only monthly educational webinar with Doug Devitre this Thursday. In the FREE, one-hour Lunch and Learn webinar,”Screen … Continue reading →