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Illinois home sales see slight gain in October; Statewide home prices increase 6.0 percent annually

IAR News - Wed, 11/19/2014 - 5:06pm
Date:  November 20, 2014 Intro: 

Illinois home sales inched higher in October and median home prices continued upward with a statewide year-over-year increase of 6.0 percent.

FOR RELEASE: November 20, 2014

For Further Information Contact: Stephanie Sievers, 217-529-2600

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IAR Government Affairs monitors veto session

IARbuzz.com Blog - Wed, 11/19/2014 - 4:58pm
Members of the Illinois General Assembly returned to Springfield today for the beginning of the fall veto session, and the IAR Government Affairs team was on the scene to represent the interests of real estate professionals and their customers. Director … Continue reading →

Coming Thursday: Illinois October Home Sales Report

IARbuzz.com Blog - Wed, 11/19/2014 - 4:47pm
The Illinois Association of REALTORS® will release the Illinois October home sales report at 8 a.m. Thursday, Nov. 20. The latest information about Illinois home sales, median prices and a forecast of future trends in the state’s housing market will … Continue reading →

Going to GRI in Peoria? Find session schedules #ILGRIturns50

IARbuzz.com Blog - Wed, 11/19/2014 - 3:50pm
The Graduate, REALTOR® Institute (GRI) is right around the corner in Peoria on Dec. 1-4. If you haven’t registered yet, do so now! Registration ends at midnight on Friday, Nov. 21. Limited walk ins will be allowed for Courses II … Continue reading →

Morning Minute: As FHA finances improve, REALTORS® urge agency to lower insurance fees

IARbuzz.com Blog - Wed, 11/19/2014 - 11:00am
Following news that that the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund is now profitable, the National Association of REALTORS® (NAR) is urging the agency to decrease insurance premium fees for consumers. “Now that the MMI Fund is on … Continue reading →

Rockford Area REALTORS® cook up chocolate open house

IARbuzz.com Blog - Wed, 11/19/2014 - 11:00am
From 5 to 7 p.m. Dec. 11, the Rockford Area REALTORS® will offer door prizes, appetizers, chocolate treats and chocolate martinis at the “It’s Beginning to Look a Lot Like Chocolate” open house for its 750 members. The special event … Continue reading →

‘RPAC to the Future’ started today

IARbuzz.com Blog - Tue, 11/18/2014 - 5:19pm
Local association RPAC planning was the main event today at IAR headquarters with more than 100 attending “RPAC to the Future” representing local REALTOR associations from all corners of the state. On the agenda, political giving and fundraising trends, NAR … Continue reading →

Three Rivers members recruit, bake, gather and share

IARbuzz.com Blog - Tue, 11/18/2014 - 5:08pm
When it comes to serving Will and Grundy counties in northeastern Illinois, the Three Rivers Association of REALTORS® conducts several community service projects to help the less fortunate, especially in November and December. “Our association covers a large geographic area, … Continue reading →

Four reasons to attend GRI in Peoria this December #ILGRIturns50

IARbuzz.com Blog - Tue, 11/18/2014 - 4:24pm
There are only four more days to pre-register for the Graduate, REALTOR® Institute (GRI) program at the Peoria Marriott Pere Marquette on Dec. 1-4. Final registration ends at midnight on Friday, Nov. 21. A limited number of walk ins will … Continue reading →

Morning Minute: Homebuilders wary of fire sprinkler mandates, other overly stringent codes

IARbuzz.com Blog - Tue, 11/18/2014 - 10:18am
Single-family homebuilders are concerned about the increasing number of building codes — including the push for mandatory fire sprinklers in new residential construction —  being promoted for public policy reasons that can needlessly drive up building costs, according to a … Continue reading →

IAR Legal Minute Video: What you need to know about mold inspection forms

IARbuzz.com Blog - Tue, 11/18/2014 - 7:00am
In the latest Legal Minute video, IAR Legal Services attorney Jeffrey T. Baker, of Sorling Northrup Attorneys in Springfield, discusses mold inspection forms and what rights they convey in real estate transactions.

KIFAR members prepare for December auction

IARbuzz.com Blog - Mon, 11/17/2014 - 4:05pm
When it comes to supporting local charities during the holiday season, members of the Kankakee-Iroquois-Ford Association of REALTORS® (KIFAR) annually do it through their association. And this year is no exception. When KIFAR gathers for its Christmas party on Dec. … Continue reading →

Final days to register for GRI in Peoria #ILGRIturns50

IARbuzz.com Blog - Mon, 11/17/2014 - 3:04pm
The final registration deadline for Illinois GRI is Friday, Nov. 21. The Grad Course is nearly sold out and walk-ins will not be accepted. Course II and III still have openings and a limited number of walk-ins accepted onsite. Come … Continue reading →

Morning Minute: Park Forest makes list of best housing markets for executives

IARbuzz.com Blog - Mon, 11/17/2014 - 10:49am
When it comes to getting an affordable deal on the type of homes that appeal to business “executives” (think at least four-bedroom, two-bathroom homes), the Chicago suburb of Park Forest, Ill. makes the grade, coming in at No. 3 behind … Continue reading →

Capital Area REALTORS® wins honorable mention ACE award

IARbuzz.com Blog - Fri, 11/14/2014 - 2:07pm
The Capital Area REALTORS® received a 2014 Accredited Commercial Excellence Award (ACE) honorable mention during the National Association of REALTORS® annual conference last weekend in New Orleans. Capital Area won in the area of Technology and Data. The award was … Continue reading →

IAR Legal Minute Video: Handling negotiations by text message

IARbuzz.com Blog - Fri, 11/14/2014 - 10:05am
In the latest Legal Minute video, Sorling Northrup Attorney Jeffrey T. Baker answers some of the recent questions he’s received on the IAR Transaction Helpline, including the legal issues of negotiating via text message.

Morning Minute: Stronger market ahead for commercial real estate

IARbuzz.com Blog - Fri, 11/14/2014 - 9:53am
The U.S. commercial real estate market is expected to see gains in prices and rents in the next few years as the the economy improves, more jobs are created and energy costs decline, according to National Association of REALTOR® Chief … Continue reading →

Throwback Thursday visits GRI 29 years ago

IARbuzz.com Blog - Thu, 11/13/2014 - 5:31pm
Do you know anyone in this photo?  In 1975, the Graduate, REALTOR® Institute was well on its way to becoming what it is today.  The coursework taught this group of eight men and 16 women about the fundamentals of real … Continue reading →