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Morning Minute: The apartment building boom and its impact on the market

IARbuzz.com Blog - Mon, 06/20/2016 - 9:40am
The Wall Street Journal recently took a look at how the building boom of apartments in many major U.S. cities in recent years could end up creating an oversupply in that sector of the market. Read more. In other headlines: … Continue reading →

Banquet Tuesday to honor Read and 25 local ROTYs

IARbuzz.com Blog - Sun, 06/19/2016 - 10:30am
On Tuesday night at the Abraham Lincoln Presidential Museum in Springfield, the Illinois REALTORS® will honor Chris Read as its 2016 REALTOR® of the Year. Read, the managing broker/owner of CR REALTOR® and the Chief Executive Officer of CR Strategies in … Continue reading →

Have you answered the NAR Call For Action about condos yet?

IARbuzz.com Blog - Sat, 06/18/2016 - 10:00am
On Monday, the National Association of REALTORS® issued a Call For Action on the “Housing Opportunity Through Modernization Act of 2016,” asking for your help. Have you asked your U.S. senator to vote for H.R. 3700 so changes can be … Continue reading →

Illinois REALTORS® leadership meets to start annual planning process

IARbuzz.com Blog - Fri, 06/17/2016 - 12:21pm
Illinois REALTORS® and staff members met Friday, June 17, 2016 to start the planning process for 2017. Seem early to think about the next year? It isn’t. Each year Illinois REALTORS® works to make sure that it has a solid … Continue reading →

Get the app, check agenda for Illinois REALTORS® June Business Meetings

IARbuzz.com Blog - Fri, 06/17/2016 - 11:00am
Get a preview of what’s ahead during the Illinois REALTORS® June Business Meetings by referring to the web page devoted to the three-day event at the Wyndham Springfield City Centre or by downloading the June Business Meetings App to your … Continue reading →

Morning Minute: More seniors choosing to live with roommates

IARbuzz.com Blog - Fri, 06/17/2016 - 9:24am
Many seniors — particularly single women — are choosing to live with roommates, according to an article from realtor.com, “Seniors Seeking Roommates: ‘Golden Girls,’ Please Apply.” Shared housing arrangements make the cost of living more affordable and having a roommate … Continue reading →

Legal Webinar: Does your office have Errors & Omissions insurance?

IARbuzz.com Blog - Fri, 06/17/2016 - 9:17am
An important question for Illinois REALTORS® is whether they are covered by Errors & Omissions (E & O) insurance. If so, they should not hesitate to ask insurance providers questions in advance of any claims, so they have a better … Continue reading →

Illinois REALTORS® love red, white and blue #REALTORSLoveRedWhiteBlue

IARbuzz.com Blog - Thu, 06/16/2016 - 5:05pm
If you take any photos wearing red, white and blue in June, be sure and submit them to the REALTORS® Love Red, White and Blue photo project on this blog. From now through June 30, members can submit selfies in … Continue reading →

Board officers named for Real Property Alliance; terms outlined

IARbuzz.com Blog - Thu, 06/16/2016 - 1:04pm
Real Property Alliance, which works to help consumers better understand property rights issues, named two Illinois REALTORS® to serve as officers on the organization’s board of directors. Pat Callan, managing broker/owner of Realty Executives Premiere in Wheaton was named board … Continue reading →

Morning Minute: Mortgage rates move lower again this week, Freddie Mac

IARbuzz.com Blog - Thu, 06/16/2016 - 10:27am
For the second week in a row, fixed mortgage rates declined, Freddie Mac reported this morning. The 30-year fixed rate averaged 3.54 percent, down from 3.60 percent last week, while the 15-year fixed rate dropped to 2.81 percent, down from … Continue reading →

Morning Minute: Survey looks at the impact of student loan debt on homeownership

IARbuzz.com Blog - Tue, 06/14/2016 - 12:06pm
A college degree may be the key to getting the career that you want, but the student debt that often comes with it could be affecting when you make other long-term decisions such as buying a home, according to a … Continue reading →

Celebrate ‘National Homeownership Month’ in June

IARbuzz.com Blog - Tue, 06/14/2016 - 10:04am
The U.S. Department of Housing and Urban Development’s declared June “National Homeownership Month” and reemphasized its work with the Obama Administration to preserve the dream of homeownership for American families. This year’s theme is “Dare to Own the Dream.” “Homeownership … Continue reading →

Application deadline for Illinois REALTOR® Board of Directors is June 14

IARbuzz.com Blog - Mon, 06/13/2016 - 2:15pm
The deadline to submit an application to serve a three-year term on the Illinois REALTORS® Board of Directors is Tuesday, June 14. Here’s the application. If you have questions, contact Becky Carraher at 217-391-4803 or via email rcarraher@illinoisrealtors.org.

NAR issues Call For Action about expanding FHA condo opportunities

IARbuzz.com Blog - Mon, 06/13/2016 - 11:58am
Illinois REALTORS® – Ask your U.S. senator to bring H.R. 3700 to the floor of the U.S. Senate for a vote so that changes can be made to the Federal Housing Administration’s (FHA) condominium loan program, federal assisted housing programs … Continue reading →

RASI members show their American spirit

IARbuzz.com Blog - Mon, 06/13/2016 - 11:31am
Illinois REALTORS® can submit selfies in front of American flags, pose in costume, decorate their businesses or come up with their own patriotic settings for “REALTORS® Love Red, White and Blue.” Now through June 30, members can submit their June … Continue reading →

Make time for the Illinois REALTORS® Legal Webinar Thursday morning

IARbuzz.com Blog - Mon, 06/13/2016 - 10:30am
“Insurance Coverage and Products for Real Estate Brokers” is the featured topic during the Illinois REALTORS® Legal Webinar at 9:30 a.m. Thursday. Space is limited for the WebEx meeting and members must login to join the webinar with Illinois REALTORS® … Continue reading →

Morning Minute: New, younger REALTORS® joining the industry

IARbuzz.com Blog - Mon, 06/13/2016 - 10:26am
In a new industry trend, there is a growing number of younger REALTORS® entering the business, according to the 2016 National Association of REALTORS® Member Profile. The median age of the average REALTOR® has fallen to 53 years old, a … Continue reading →

Chismarick finds rewards helping Streator-area women and children

IARbuzz.com Blog - Mon, 06/13/2016 - 6:30am
When the Streator Kiwanis Club welcomed Beckie Chismarick as its first female member in 1987, a great relationship began to take root between the non-profit organization, the community and a local woman who has become a positive force in helping … Continue reading →

Flag Day gives you another chance to show your American pride

IARbuzz.com Blog - Sat, 06/11/2016 - 12:18pm
Tuesday marks the celebration of Flag Day, and Illinois REALTORS will proudly fly the “Stars and Stripes” to commemorate the day our country officially recognized a national flag, June 14,1777. If you take pictures this week that capture a patriotic theme, send them to redwhiteblue@illinoisrealtors.org for … Continue reading →

Morning Minute: HouseLogic talks to REALTORS® about what they look for in a home

IARbuzz.com Blog - Fri, 06/10/2016 - 12:35pm
Ever wonder how real estate professionals approach the housing search when they are looking for a home of their own? HouseLogic talked to four agents, including Illinois REALTORS® Treasurer Matt Difanis of Champaign and REALTOR® Grigory Pekarsky of Chicago to … Continue reading →