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SCR explains House amendment to Senate Bill 9; REALTORS® congratulate Sen. Brady

IARbuzz.com Blog - Fri, 06/30/2017 - 4:36pm
The Illinois General Assembly continues its overtime session. In today’s edition of the Illinois REALTORS® State Capitol Report, you get information regarding a House amendment to the latest revenue package, Senate Bill 9, which was approved by the Senate in … Continue reading →

How appealing property tax assessments can pay off

IARbuzz.com Blog - Fri, 06/30/2017 - 11:38am
Illinois REALTORS® can demonstrate their value to homeowners by sharing their knowledge of the local property tax process. That expertise can pay off for property owners who receive tax assessment notices and want to appeal increases. In Cook County, for … Continue reading →

DR Legal News explains License Act changes, case studies and more

IARbuzz.com Blog - Fri, 06/30/2017 - 8:30am
Get a summary of numerous changes to the Real Estate License Act negotiated by the Illinois REALTORS® advocacy team during the spring legislative session. In the July edition of Designated REALTOR® Legal News, Jeffrey T. Baker, of Sorling Northrup Attorneys … Continue reading →

Illinois agencies join Illinois REALTORS® in industry forum with Ghanaian delegation

IARbuzz.com Blog - Thu, 06/29/2017 - 3:14pm
Real estate industry representatives and elected members of Parliament from the Republic of Ghana visited Chicago Wednesday to learn about how Illinois REALTORS® practice and regulate real estate in Illinois. They also learned how we work to promote Illinois and expand … Continue reading →

Morning Minute: Fixed mortgage rates drop to lowest level of the year, Freddie Mac reports

IARbuzz.com Blog - Thu, 06/29/2017 - 10:01am
The 30-year, fixed mortgage rate averaged 3.88 percent this week, falling to the lowest level so far this year, Freddie Mac reports today. The 15-year, fixed rate averaged 3.17 percent, the same as last week. Read more from Freddie Mac. … Continue reading →

Morning Minute: U.S. pending home sales dip in May

IARbuzz.com Blog - Wed, 06/28/2017 - 10:45am
Low inventory is being blamed for the third consecutive month of lower pending home sales, according to the National Association of REALTORS® (NAR). The Pending Home Sales Index fell 0.8 percent in May compared to April and was down 1.7 … Continue reading →

Watch your mailbox for July issue of Illinois REALTOR®

IARbuzz.com Blog - Wed, 06/28/2017 - 10:43am
The July issue of Illinois REALTOR® features a cover story about the “Value of a REALTOR®,” a photo spread about Lobby Day, 9 tips about working the luxury real estate market, an interview with REALTOR® of the Year Sue Miller, … Continue reading →