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

Morning Minute: 2013 Illinois home sales making headlines

Fri, 01/24/2014 - 12:45pm
Illinois saw a stronger housing market in 2013 with home sales up 18.9 percent over 2012 and the statewide median home price climbing 8.3 percent, according to the December and year-end housing report released Thursday by the Illinois Association of … Continue reading →

Video: 2013 Illinois Housing Roundup

Thu, 01/23/2014 - 10:50am
Illinois saw a year of strong price and sales growth in the real estate industry. This short video from the Illinois Association of REALTORS® outlines the highlights of 2013′s housing market.

Housing market to see more modest growth in 2014, economist says

Thu, 01/23/2014 - 1:46am
The state’s economy has dramatically improved over the past few years, and with it the housing market should see continued growth, a University of Illinois economist told the state’s REALTORS® on Wednesday. “Brisk sales, relatively low inventories and significant changes … Continue reading →

‘Tremendous amount of progress’ made, IDFPR chief tells Illinois REALTORS®

Thu, 01/23/2014 - 1:33am
Manuel Flores, acting director of the Illinois Department of Financial and Professional Regulation, told IAR members Wednesday that the state agency is working to address issues brought up by members. “I believe we have made a tremendous amount of progress … Continue reading →

Sieron receives IAR Political Involvement Award

Wed, 01/22/2014 - 3:52pm
Congratulations to Illinois REALTOR® Stan Sieron, of Stan Sieron and Company in Belleville, on receiving this year’s Illinois Association of REALTORS® Political Involvement Award. The award is given for outstanding political and legislative service to the REALTOR® organization. Sieron is … Continue reading →

See IAR’s new consumer guide to property taxes in Illinois

Wed, 01/22/2014 - 3:36pm
Illinois REALTORS® attending the Public Policy Meetings in East Peoria on Wednesday got a look at a new video produced to help Illinois residents gain an understanding of the state’s property tax assessment and tax system. The video was unveiled … Continue reading →

Callan named 2014 Illinois REALTOR® of the Year

Wed, 01/22/2014 - 10:42am
Congratulations to the 2014 Illinois REALTOR® of the Year, Pat Callan, broker-owner of Realty Executives International in Wheaton. Callan, a past president of the Illinois Association of REALTORS®, has a long history of service and dedication to the REALTOR® association. … Continue reading →

Fundraising seminar: Establishing a culture of giving

Tue, 01/21/2014 - 4:10pm
Illinois REALTORS® heard from experts on how to build the power of the REALTOR® Political Action Committee at the annual Public Policy Meetings in Peoria. Leslie Cantu, director of fundraising for the Texas Association of REALTORS® discussed how to build … Continue reading →

Policy meetings kick off in East Peoria

Tue, 01/21/2014 - 3:56pm
It may be 9 degrees outside, but the January Pubic Policy Meetings in East Peoria are on. REALTORS® began meeting this morning as part of the Illinois Association of REALTORS® annual gathering which charts policy decisions for the new year. … Continue reading →

Getting ready for 2014: Are you involved?

Mon, 01/20/2014 - 11:46am
More than 200 of the Illinois Association of REALTORS® most involved members in Governmental Affairs, advocacy and RPAC fundraising gather in East Peoria this week starting today, Martin Luther King Jr. Day 2014. “Resolve to be Involved” is a theme that … Continue reading →

Let’s Talk Real Estate with U.S. Rep. Robin Kelly

Mon, 01/20/2014 - 11:00am
Illinois REALTORS®, don’t miss your chance to meet with U.S. Rep. Robin Kelly, 2nd District, on Monday, Jan. 27, and talk about the legislative and industry issues important to you and your real estate market. The conversation is part of … Continue reading →

REALTOR® campaign encourages consumers to make a move now

Mon, 01/20/2014 - 9:00am
If you’ve been thinking about buying or selling a home, a new national advertising campaign from the National Association of REALTORS® urges you to stop waiting, get off the sidelines and “Make Your Move.”

Housing starts dip in December but end 2013 strong overall

Fri, 01/17/2014 - 11:35am
New home construction dropped 9.8 percent in December compared to a surge of housing starts in November, but still ended 2013 with one of the strongest years since 2007, according to Commerce Department data, USA Today reports. The month-to-month drop … Continue reading →

Chicago area foreclosure activity falls to 2008 levels

Thu, 01/16/2014 - 1:07pm
There’s some good news on the Illinois foreclosure front as foreclosure activity in the Chicago area fell last year to levels not seen in years, the Chicago Tribune reports today in the article, “New foreclosure filings show big decline.” Last … Continue reading →

Infographic: Mortgage interest rates still historically low and affordable

Thu, 01/16/2014 - 11:47am
Freddie Mac reported today that fixed mortgage rates fell this week on weaker economic news. The 30-year, fixed rate mortgage averaged 4.41 percent compared to 4.51 last week and the 15-year, fixed rate was down to 3.45 percent. Mortgage interest … Continue reading →

Check out MRED’s newest resource: RPR

Wed, 01/15/2014 - 4:07pm
Many Illinois REALTORS® have a wealth of additional market data in their hands now that Realtors Property Resource® has gone live with Midwest Real Estate Data (MRED), the Chicagoland multiple listing service (MLS) that serves nearly 40,000 brokers and appraisers … Continue reading →

Congratulations 2013 Illinois GRI Graduates

Tue, 01/14/2014 - 11:31am
Kudos to the 55 Illinois REALTORS® who earned their Graduate REALTOR® Institute (GRI) designation at the Illinois GRI program in December.The GRI is a professional education program which is second to none in the real estate industry. Click here to … Continue reading →

Morning Minute: Five housing trends to watch this year

Tue, 01/14/2014 - 10:40am
What’s in store for housing in 2014? A Wall Street Journal blog post, “5 Things to Watch in Housing in 2014,” identifies what it says are five wild cards that could impact the housing market including inventory levels, new home … Continue reading →

Skokie passes comprehensive rental regulations after near two-year struggle

Mon, 01/13/2014 - 4:16pm
The village of Skokie, nearly two years after it was first proposed, adopted a comprehensive rental regulation and crime-free ordinance on Jan. 6. The Illinois Association of REALTORS® (IAR) and the members of the North Shore-Barrington Association of REALTORS® (NSBAR) … Continue reading →

Morning Minute: Poll finds Americans expect home prices to continue to rise

Mon, 01/13/2014 - 12:47pm
Americans remain confident that home prices will continue to move up in 2014 despite talk of higher interest rates and Federal Reserve changes to the stimulus program, according to a Federal Reserve survey, the Washington Post’s Wonk Blog reports. In … Continue reading →