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The Voice of Illinois Real Estate
Updated: 15 hours 27 min ago

IAR hopes to make Christmas ‘wishes’ come true for mom and three kids

Mon, 12/15/2014 - 12:50pm
Staff members at Illinois Association of REALTORS® office in Springfield have once again partnered with a local social services agency – Contact Ministries – to provide a needy Springfield family with holiday presents. This year, staff members are shopping for … Continue reading →

See how these five REALTOR® brokerages make the holidays brighter for the less fortunate

Fri, 12/12/2014 - 2:11pm
During the holiday season, individual real estate offices and Illinois REALTORS® will show their support for local charities in addition to participating in their local associations. Here are five such examples: Dickerson and Nieman Realtors of Rockford collected 1,812 pounds of … Continue reading →

Morning Minute: Fannie, Freddie to halt foreclosure evictions over the holidays

Thu, 12/11/2014 - 10:05am
Fannie Mae and Freddie Mac are suspending evictions of foreclosed single-family properties during this holiday season. The moratorium will run from Dec. 17, 2014 until Jan. 2, 2015. In other headlines: RealtyTrac reports foreclosure activity fell 9% in November – … Continue reading →

Learn how the state’s medical marijuana law could affect your business

Thu, 12/11/2014 - 9:51am
IAR Members – You may hear plenty of debate about the effects of marijuana on our nation’s health, but when you tune in to the next IAR Legal webinar titled “Pot . . . Pourri” at 9:30 a.m. Dec. 18, … Continue reading →

Are you ready for changes to the Property Disclosure Act?

Wed, 12/10/2014 - 4:43pm
Beginning January 1, 2015, there is an important change to Question 6 of the Illinois Residential Real Property Disclosure Act. Basically, the change is this: The original form required sellers to disclose known defects with walls. But a state Appellate Court … Continue reading →

IAR mourns loss of Comptroller Judy Baar Topinka

Wed, 12/10/2014 - 2:16pm
Illinois Comptroller Judy Baar Topinka will be missed by members of the Illinois Association of REALTORS®. The Republican was popular on both sides of the aisle, and came from a real estate background. IAR worked with her on many occasions … Continue reading →

Morning Minute: Mortgage delinquencies expected to drop in 2015

Wed, 12/10/2014 - 11:38am
A new forecast from TransUnion predicts that the country’s mortgage delinquency rate will fall to 2.51 percent next year, HousingWire reports. Delinquency rates have been steadily falling since peaking in 2010 and if the forecasts hold true for 2015, the … Continue reading →

IAR adds to staff devoted to Chicago-area issues

Tue, 12/09/2014 - 3:42pm
IAR has tapped a seasoned veteran of Cook County government to help with REALTOR® advocacy in Chicago. Kristopher “Kris” Anderson joined IAR’s governmental affairs staff on Monday. He will work with IAR’s Chicago Governmental Affairs Director Brian Bernardoni out of the … Continue reading →

These 18 holiday gift ideas will help REALTORS® stand out with clients

Tue, 12/09/2014 - 3:31pm
We all struggle with the crush of gift-giving during the holiday season. But taking time to say “thank you” to your clients this time of year builds goodwill and can turn into repeat business and referrals. “It is so important … Continue reading →

REALTORS® mourn passing of IAR board member Chuck Wiercinski

Tue, 12/09/2014 - 8:01am
Services have been scheduled for Chuck Wiercinski, CCIM, CRB, a longtime REALTOR® and current member of the Illinois Association of REALTORS® Board of Directors. Wiercinski, 68, died Monday, Dec. 8, 2014, after a long illness. Visitation will be 9:30 a.m. Saturday, Jan. … Continue reading →

Guzmán to speak Tuesday in DC about housing market

Mon, 12/08/2014 - 12:26pm
Veteran REALTOR® Mabél Guzmán of @properties in Chicago will testify Tuesday morning in Washington, D.C. about “factors affecting homeownership access and affordability” for first-time homebuyers and underserved communities. Guzmán’s appearance is scheduled during a Housing, Transportation and Community Development subcommittee … Continue reading →

NSBAR becomes factor in helping two local food pantries

Mon, 12/08/2014 - 7:30am
Members of the North Shore-Barrington Association of REALTORS® (NSBAR) are collecting non-perishable food and toiletries for the Cuba Township Food Pantry through Dec. 10 and will volunteer at the Northfield Township Food Pantry on Dec. 17. “This year, we are … Continue reading →

Did you hear how BNAR built up this family?

Fri, 12/05/2014 - 12:08pm
The seeds for a pre-Thanksgiving event were planted months earlier when the Bloomington-Normal Association of REALTORS® (BNAR) challenged its Young Professionals Network to get involved with a local Habitat for Humanity project. Not only did larger numbers of the YPN … Continue reading →

How many different ways can REALTORS® give back?

Fri, 12/05/2014 - 7:00am
In mid-November, local associations began sharing stories about how they give back to the charities in their communities, and the stories haven’t stopped yet. Here’s a list of the projects we’re recapped so far: KIFAR members prepare for December auction; … Continue reading →

Egyptian members find 14 ways to feed hungry

Thu, 12/04/2014 - 5:43pm
During November, the Egyptian Board of REALTORS® set up 14 collection points in local REALTOR® offices to benefit 16 local food pantries in southern Illinois. While the food collection officially ended Nov. 21 so deliveries could be made to the … Continue reading →

How are conservative estimates of real estate tax hurting taxpayers?

Thu, 12/04/2014 - 5:15pm
Even though 17 Chicago suburbs underestimated a total of nearly $5.6 million in real estate transfer tax revenue during the most recent fiscal year, a Daily Herald article asserts the approach keeps taxes high and doesn’t allow many opportunities to … Continue reading →

Morning Minute: Extension of Mortgage Debt Forgiveness Act passes House, now heads to Senate

Thu, 12/04/2014 - 10:41am
The Chicago Tribune reports today that the U.S. House voted Wednesday to extend the Mortgage Debt Forgiveness Act for one year. Now the measure, which is strongly supported by REALTORS® and provides an income tax break to homeowners for mortgage … Continue reading →

Three tax updates that affect REALTORS®’ business

Thu, 12/04/2014 - 9:19am
From rules applying to the use of heavy SUVs and pickup trucks to mortgage debt forgiveness, Chris Bird outlines the latest breaking news on the tax front. Bird, a certified financial planner and former IRS agent, spoke at the Illinois … Continue reading →

Band, awards mark GRI’s 50th year at Peoria bash

Thu, 12/04/2014 - 8:41am
Illinois GRI has been in existence for 50 years, and the Illinois Association of REALTORS® honored the program and those who have made it so strong over the years at a celebration on Wednesday, Dec. 3, 2014, at the Hotel … Continue reading →

What Illinois REALTOR® Party leaders learned in Fort Worth

Wed, 12/03/2014 - 4:55pm
REALTOR® Party leaders from Illinois converged on Fort Worth, TX this week to learn how to use National Association of REALTORS® tools for building creditability and creating political leverage for pro-real estate and pro-property rights issues. These REALTOR® leaders received … Continue reading →