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Morning Minute: More homeowners expected to tackle bigger remodeling projects this year

IARbuzz.com Blog - Mon, 05/02/2016 - 10:13am
2016 could be a strong year for larger remodeling projects, according to a  new survey from the National Association of Home Builders (NAHB). Larger projects, such as whole house remodels and room additions, are expected to climb in 2016 to … Continue reading →

Up next: Managing Broker renewal

IARbuzz.com Blog - Mon, 05/02/2016 - 10:01am
Managing Broker licensees must successfully complete 24 hours of continuing education before April 30, 2017. Look for live classes and webinars for the BMCE course work at the end of 2016. www.illinoisrealtors.org/education 3 hours Core A 3 hours Core B 6 … Continue reading →

What Happens After the April 30 Broker License Renewal?

IARbuzz.com Blog - Mon, 05/02/2016 - 9:34am
Here’s a Q&A to share with your brokers, prepared by Carrie Elliot, Education Manager for the Illinois REALTORS® Licensing and Training Center. Can I still practice real estate as a Broker after April 30, 2016 if I have not completed all … Continue reading →

Zahn gives so girls learn their ‘voices count’

IARbuzz.com Blog - Mon, 05/02/2016 - 7:00am
When Angie Zahn began her search for local Girl Scout troop information in 1987, she embarked on a journey that continues to this day. Zahn discovered there wasn’t a troop leader in Trenton for her daughter and second-grade classmates, she … Continue reading →

What’s next for brokers who missed the license renewal deadline?

IARbuzz.com Blog - Sun, 05/01/2016 - 12:01am
Illinois brokers who failed to renew their real estate licenses, complete their renewal applications and pay their fees to the Illinois Department of Financial and Professional Regulation (IDFPR) by April 30 must contact IDFPR for direction. They cannot practice selling … Continue reading →

Illinois REALTORS® participate in NAREB regional member and Community Day events

IARbuzz.com Blog - Fri, 04/29/2016 - 5:13pm
The Illinois REALTORS® supported the Dearborn Realtist Chapter of the National Association of Real Estate Brokers (NAREB) at its 69th Annual Mid-Winter Regional Conference in Chicago last week. The three-day conference ended with a Community Expo titled, “Community Wealth Building … Continue reading →

Report: Cash buyers make up 36 percent of home sales in Chicagoland

IARbuzz.com Blog - Fri, 04/29/2016 - 2:08pm
Chicago-area buyers paid cash for homes more than a third of the time, and the data released this week shows they paid 39 percent less per square foot during the first quarter of the year. The findings are part of … Continue reading →

Morning Minute: NAR infographic takes closer look at housing market

IARbuzz.com Blog - Fri, 04/29/2016 - 11:19am
Read and share a new infographic from the National Association of REALTORS® (NAR), which takes a closer look at the U.S. housing market in March. A few takeaways: existing-home sales were up, pending home sales looked promising and properties averaged … Continue reading →

Deadline questions about broker renewal? Help Desk is open Saturday for questions

IARbuzz.com Blog - Fri, 04/29/2016 - 10:31am
Illinois REALTORS®’ Licensing and Training Center will have special Saturday hours to help Illinois brokers working to meet the April 30 deadline to renew their licenses. The Licensing and Training Center will staff its help desk from 9 a.m. to 2 … Continue reading →

Three Rivers donates $3,000 NAR grant to village for constructing ‘pocket’ parks

IARbuzz.com Blog - Thu, 04/28/2016 - 5:12pm
On April 26, the Three Rivers Association of REALTORS® presented a $3,000 check to the village of Diamond so that “pocket parks” could be constructed this summer, each with a handmade park bench constructed by a local Eagle Scout. The … Continue reading →

Flood bill passes U.S. House with unanimous vote

IARbuzz.com Blog - Thu, 04/28/2016 - 3:43pm
A bill which would provide flexibility for consumers to buy flood insurance from either a government-backed or private source received a 419-0 approval vote in the U.S. House on Thursday. Consumers have the option to obtain insurance through the National Flood Insurance … Continue reading →

Morning Minute: Freddie Mac sees positive signs for the housing market

IARbuzz.com Blog - Thu, 04/28/2016 - 9:52am
The U.S. housing market is improving and is “poised to have its best year in a decade,” says Freddie Mac Deputy Chief Economist Len Kiefer in the latest Multi-Indicator Market Index. Home purchases are trending higher while delinquencies are down, … Continue reading →

Morning Minute: Pending home sales head higher in March

IARbuzz.com Blog - Wed, 04/27/2016 - 11:24am
March pending home sales rose 1.4 percent compared to the month before and have experienced year-over-year gains for the last 19 consecutive months, according to the National Association of REALTORS® (NAR). The Pending Home Sales Index is NAR’s forward-looking indicator … Continue reading →

Here’s how to go to the Chicago Inman Connect event for free

IARbuzz.com Blog - Wed, 04/27/2016 - 9:45am
Inman Connect on the Road will be in Chicago on May 25, and as an Illinois REALTORS® member you can attend for free as part of a partnership between the association and MRED. That’s a $29 value! If you have … Continue reading →

CAR plans move to REALTOR® building in Chicago

IARbuzz.com Blog - Wed, 04/27/2016 - 9:16am
The Chicago Association of REALTORS® plans to move from its South Michigan Avenue location to the REALTOR® building by the end of the year. The announcement comes after months of discussions about whether to renew the lease at the association’s current 200 … Continue reading →

Inman Chicago conference registration free for Illinois REALTORS

IARbuzz.com Blog - Tue, 04/26/2016 - 5:13pm
Inman Connect on the Road will be in Chicago on May 25, and as an Illinois REALTORS® member you can attend for free as part of a partnership between the association and MRED. That’s a $29 value! If you have … Continue reading →

Questions about CE Exams? Help is Available.

IARbuzz.com Blog - Tue, 04/26/2016 - 2:54pm
If you have questions about CE course exams (scheduling proctored exams, how to look up exam results, what to do if you fail an exam), please read CE Exam FAQs. CE Exam FAQs answers  how to get an exam proctored at … Continue reading →

Special Hours for Licensing & Training Center

IARbuzz.com Blog - Tue, 04/26/2016 - 2:51pm
The Illinois REALTORS® Licensing & Training Center will operate special hours this weekend to assist callers with last-minute questions about broker renewal. Education Specialists will be available to answer your questions on Saturday, April 30 from 9:00 a.m.-2:00 p.m. Call … Continue reading →

Morning Minute: What role does seasonality play in the housing market?

IARbuzz.com Blog - Tue, 04/26/2016 - 10:04am
Understanding the seasonal trends of the housing market can be important for both potential home buyers and sellers alike. In a column for HousingWire, Tian Liu, chief economist at Genworth Mortgage Insurance, writes that understanding and comparing the traditional seasonal … Continue reading →

Video: Happy 100th Birthday Illinois REALTORS®!

IARbuzz.com Blog - Mon, 04/25/2016 - 4:58pm
On April 25, 1916, Illinois REALTORS® was founded to promote advocacy, ethics and education for its members. Since then, the association is engaged in all aspects of the real estate business and has grown to 44,000 members. This video explains … Continue reading →