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The Voice of Illinois Real Estate 2014-12-11T04:40:11Z
Updated: 2 hours 59 min ago

IAR debuts housing data reports in Spanish

Thu, 09/25/2014 - 11:45am
Today, the Illinois Association of REALTORS® begins offering Spanish-language housing data for its members and their clients. IAR is providing the data snapshots for Illinois, the nine-county Chicago area and the city of Chicago. Coming soon, the association will offer … Continue reading →

IAR legal team expands to offer Transaction Helpline

Thu, 09/25/2014 - 9:30am
As more IAR members discover the purpose of the Transaction Helpline, the more familiar they’ll be with Jeffrey T. Baker. Baker is the Sorling Northrup attorney who’ll answer questions about the real estate contracts REALTORS® use with buyers and sellers.  … Continue reading →

Morning Minute: New construction home sales surge in August

Thu, 09/25/2014 - 9:20am
The sale of new homes rose 18 percent in August, marking the highest one-month jump in six years, MarketWatch reports. Sales climbed to a seasonally adjusted rate of 504,000 units, according to data from the U.S. Commerce Department. The market’s … Continue reading →

Are you ready for this week’s open house?

Wed, 09/24/2014 - 4:27pm
If you’re preparing an open house this weekend, take steps to make sure the event is safer for you and your associates.  In the spirit of REALTOR® Safety Month, here are seven ideas provided by the National Association of REALTORS®: … Continue reading →

Get out the Vote! Register to vote by the Oct. 7 deadline

Wed, 09/24/2014 - 2:23pm
Make sure the Illinois REALTOR® voice is heard loud and clear at the election polls on Nov. 4. If you haven’t yet, register to vote before the Oct. 7 deadline. Other dates to know? Early voting for the Illinois 2014 … Continue reading →

Infographic provides housing forecast info four ways

Tue, 09/23/2014 - 11:00am
Check out the latest Illinois Housing Market Forecast infographic, which includes four charts and brief comments from Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory (REAL), University of Illinois. It’s the type of information we can share with … Continue reading →

Help Evanston member win talent contest at NAR Conference

Tue, 09/23/2014 - 8:42am
Illinois REALTORS® who attend the upcoming National Association of REALTORS® Conference & Expo in New Orleans can cheer – and vote – for one of their own if they attend the talent contest at 7:30 p.m. on Sunday, Nov. 9. … Continue reading →

Video: August 2014 IAR Housing Report #IARMarketStats

Mon, 09/22/2014 - 8:30am
The Illinois Association of REALTORS® releases a look at how the housing market is doing each month. This month, Dr. Geoffrey Hewings, director of the Regional Economic Applications Laboratory at the University of Illinois shares his thoughts on the numbers.

How well do you know your Millennial clients?

Fri, 09/19/2014 - 1:12pm
According to a report released by the Demand Institute – a non-profit think tank formed by the Conference Board and Nielsen – some myths about Millennials might be busted within the next five years and their spending habits may turn … Continue reading →

10 ways to know if you need a real estate license to manage property in Illinois

Fri, 09/19/2014 - 9:56am
IAR gets thousands of calls a year for legal guidance. One hot topic off the association’s Legal Hotline was property management, which, when you do it for another person and for compensation, requires a properly sponsored real estate license. The … Continue reading →

Be one of the first to get the REALTOR® Credit Card

Thu, 09/18/2014 - 3:26pm
Show pride in your profession and enjoy the benefits that you deserve by getting the REALTOR® Credit Card from REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union. REALTOR® cards offer competitive interest rates, a comprehensive rewards program … Continue reading →

HUD Secretary: More must be done to expand homeownership

Wed, 09/17/2014 - 9:00am
Department of Housing and Urban Development (HUD) Secretary Julián Castro said Tuesday that more must be done to boost homeownership in the U.S. and make home financing more accessible. REALTORS® welcomed Castro’s comments and in a statement, National Association of … Continue reading →

IAR efforts delay vote on Deerfield code change mandating fire sprinklers

Wed, 09/17/2014 - 8:56am
Deerfield’s board of trustees was poised to adopt wholesale a set of changes to building codes. That’s when IAR Government Affairs Director Howard Handler stepped in to ask why new homes would be required to have sprinkler systems installed under … Continue reading →

What’s next regarding ‘fracking’ in Illinois?

Tue, 09/16/2014 - 9:27am
Although horizontal hydraulic fracturing (fracking) is not yet allowed in Illinois as a means of obtaining natural gas and oil from thousands of feet underground, a permit process could be approved as early as today and as late as Nov. … Continue reading →

In Case You Missed It: Top IARbuzz blog posts for the week

Mon, 09/15/2014 - 6:00am
In case you missed it, here are five of the top IARbuzz blog posts from the past week: What typical disclosure forms are required for sales and lease transactions? – Don’t leave anything out when you are preparing an owner … Continue reading →

What typical property disclosure forms are required for sales and lease transactions?

Fri, 09/12/2014 - 11:58am
Don’t leave anything out when you are preparing an owner to sell a property. There are several forms required under various statutes. Here’s a rundown on the basic forms you need to be aware of. One is the property disclosure … Continue reading →

Morning Minute: Consumer confidence climbs in August

Fri, 09/12/2014 - 10:12am
Consumers are feeling a renewed sense of optimism about the economy, according to the latest consumer confidence index. Economists for the National Association of REALTORS® take a closer look at what the trend means for the housing market in the … Continue reading →

Like Dozier, REALTORS® choose to make a difference

Thu, 09/11/2014 - 3:15pm
At IAR’s Fall Conference & Expo, keynote speaker and Fenger Academy High School Principal Elizabeth Dozier talked about making a difference in communities. Which led to IAR posing a question to those in attendance through its smartphone app: What do … Continue reading →

Campbell named CRS of Year in Illinois

Thu, 09/11/2014 - 10:27am
REALTOR® Deb Campbell of Columbia, Ill., was named 2014 Certified Residential Specialist of the Year by the Illinois Chapter of the Council of Residential Specialists. Campbell, of Concept Real Estate, Inc., in Columbia, and Berkshire Hathaway HomeServices Select Properties in … Continue reading →

Morning Minute: Mortgage rates see slight gain but remain historically low for borrowers

Thu, 09/11/2014 - 8:53am
Freddie Mac reports that fixed mortgage rates saw some slight upward movement this week, but remained generally low averaging 4.12 percent for a 30-year, fixed and 3.26 percent for a 15-year fixed rate mortgage. Read more. “Mortgage rates were up … Continue reading →