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The Voice of Illinois Real Estate
Updated: 45 min 29 sec ago

Library of videos for IAR members is growing

Thu, 02/13/2014 - 4:32pm
IAR set a goal this year of delivering more videos to members who say they value “quick-hit” information. Since January, there have been a variety of offerings posted in illinoisrealtor.org as part of the association’s Pro Series. Included in the mix: … Continue reading →

$5 million boost announced for Welcome Home Heroes program

Thu, 02/13/2014 - 4:04pm
Gov. Pat Quinn announced Wednesday there will be an additional $5 million added to the Welcome Home Heroes Affordable Loan Program. Quinn made the announcement during visits to families who had taken advantage of the program in Springfield and Midlothian. … Continue reading →

Need CE? IAR has Online CE with “Anywhere Online Proctoring”

Thu, 02/13/2014 - 10:59am
Are you an Illinois REALTOR® who needs CE? The IAR Licensing & Training Center has convenient Online CE with “Anywhere Online Proctoring” to help you complete your CE requirements without ever leaving home. Questions? Send them to education@iar.org and click … Continue reading →

Morning Minute: Consumers more confident in ability to get a mortgage

Wed, 02/12/2014 - 5:16pm
Consumer confidence is improving and more people believe it is getting easier to get a mortgage loan, according to Fannie Mae’s January 2014 National Housing Survey. Of the more than 1,000 consumers surveyed, more than half — 52 percent — … Continue reading →

REALTORS® aid Illinois tornado victims with housing relief funds

Tue, 02/11/2014 - 3:14pm
It’s the Power of R in action. After tornadoes tore through Illinois last November, devastating multiple communities and destroying homes, REALTORS® stepped up to offer assistance and monetary aid. The Illinois Association of REALTORS® (IAR) partnered with the national REALTORS® … Continue reading →

Illinois Broker License Renewal is Now Open!

Fri, 02/07/2014 - 1:47pm
The Illinois real estate broker license renewal is now open at the Illinois Department of Financial & Professional Regulation (IDFPR) website. Renewal deadline is April 30, 2014. Click here for IDFPR’s broker renewal page Find the Illinois Association of REALTORS® … Continue reading →

Morning Minute: Tips for boomerang buyers looking to buy a home again

Fri, 02/07/2014 - 10:55am
Boomerang buyers — homeowners who lost their home to foreclosure but are looking to buy again — are re-entering the housing market and this article from Bankrate.com (via The Sacramento Bee) offers some practical tips to help them get ready … Continue reading →

Chicago area sees new-home sales climb in 2013

Thu, 02/06/2014 - 3:31pm
Sales of newly constructed homes in the Chicago area rose 27 percent in 2013, but have not yet reached the peak pre-recession activity levels seen in 2005, Crain’s Chicago Business reports. Tracy Cross, president of Tracy Cross & Associates, Inc. … Continue reading →

IAR closed Wednesday due to winter storm

Wed, 02/05/2014 - 7:47am
A powerful snowstorm that blanketed central Illinois beginning Tuesday afternoon has forced the Illinois Association of REALTORS® to close on Wednesday. Stay safe out there!

Snow still falling? Tips for winterizing your home

Tue, 02/04/2014 - 1:29pm
It’s been a winter for the record books and with no end in sight yet for the frigid temperatures and falling snow that have become the norm, the National Association of REALTORS® HouseLogic site has some practical tips for keeping … Continue reading →

Census Infographic: Computer and internet growth trends

Mon, 02/03/2014 - 12:32pm
In 1997, only 18 percent of American households had Internet service at home. Fast forward to 2012 and that had jumped to 74.8 percent, according to data from the Census Bureau. With more homebuyers starting their search for a home … Continue reading →

Morning Minute: Yellen sworn in as chair of Federal Reserve

Mon, 02/03/2014 - 11:07am
Janet Yellen took over as chair of the Federal Reserve this morning, replacing Ben Bernanke and becoming the first woman to hold the job. Read a news release and media coverage including: Yellen sworn in as Fed chair as Bernanke … Continue reading →

Register now for Let’s Talk meeting with U.S. Rep. Lipinski

Sat, 02/01/2014 - 12:10pm
Get a chance to tell U.S. Rep. Dan Lipinski about the housing market. The Illinois Association of REALTORS® is holding the latest installment of Let’s Talk Real Estate with the suburban Chicago Congressman. The event will be held 8:30 a.m., … Continue reading →

Morning Minute: Bill to delay higher flood insurance rates passed by U.S. Senate

Fri, 01/31/2014 - 10:25am
In a win for homeowners, the U.S. Senate this week passed the Homeowner Flood Insurance Affordability Act, which adds a four-year delay on insurance rate increases “triggered either by a property’s sale or a flood map update for a property with … Continue reading →

Morning Minute: Mortgage rates fall for fourth consecutive week

Thu, 01/30/2014 - 11:26am
Mortgage interest rates declined for the fourth straight week, with the 30-year, fixed-rate falling to an average of 4.32 percent for the week of Jan. 30, Freddie Mac reported this morning. The 15-year, fixed rate dropped to 3.40 percent. Freddie … Continue reading →

A rental regulation we can get behind

Wed, 01/29/2014 - 10:53am
The city of Highland Park in Lake County has just adopted a rental registration ordinance on select rental properties – single-family homes and rental units with their own, unique entrance to their specific unit. Very often, the Illinois Association of … Continue reading →

Photo gallery: See who was at Professional Standards training

Tue, 01/28/2014 - 5:27pm
REALTORS® from throughout central and southern Illinois took part in IAR’s Professional Standards training Monday in Springfield. See who was there.

Morning Minute: Attacking zombie foreclosures

Tue, 01/28/2014 - 11:10am
Abandoned “zombie” foreclosures accounted for 8.7 percent of the foreclosures in Cook County between 2008 and 2010 and if that trend grows, it will continue to create a blight on neighborhoods where they are located, according to a Woodstock Institute … Continue reading →

REALTORS® talk real estate with U.S. Rep. Robin Kelly

Mon, 01/27/2014 - 12:43pm
The Let’s Talk Real Estate meeting with U.S. Rep. Robin kelly took place Monday, Jan. 27, 2014 in Glenwood, Ill. The series of meetings allow Illinois REALTORS® to share market information with congressional representatives and learn about what’s happening in … Continue reading →

See who you know at IAR’s Professional Standards Training in Springfield

Mon, 01/27/2014 - 10:32am
REALTORS® from throughout central and southern Illinois are learning about the latest changes to the REALTOR® Code on professional standards. The session is part of the reason the REALTOR® name stands apart when it comes to trust in real estate … Continue reading →