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Less than three weeks until Oct. 3 TRID changes; Are you ready?

IARbuzz.com Blog - Thu, 09/17/2015 - 3:39pm
Eliminate questions you can’t answer about TILA-RESPA Integrated Disclosure rule changes by visiting IAR’s TRID resource page and learning what to expect Oct. 3. Review the list of consumer resources that have been gathered by IAR from sources like the … Continue reading →

Morning Minute: NAR infographic looks at commercial sales so far this year

IARbuzz.com Blog - Thu, 09/17/2015 - 9:36am
Commercial sales volume and property prices are up in both large and small markets, according to the National Association of REALTORS® (NAR). See NAR’s infographic on the commercial market for the first half of 2015 and find more information about … Continue reading →

Vote daily for Goodwin to win NAR Web Choice Award

IARbuzz.com Blog - Wed, 09/16/2015 - 12:40pm
Remember to cast daily votes before Sept. 25 for Illinois REALTOR® and NAR RPAC Investors Hall of Fame member Daniel L. Goodwin as he awaits the announcement for REALTOR® Magazine’s 2015 Good Neighbor Awards. Goodwin is the chairman and chief executive … Continue reading →

Morning Minute: Homebuilder confidence climbs to 10-year high

IARbuzz.com Blog - Wed, 09/16/2015 - 9:46am
U.S. homebuilder confidence rose this month to its highest level since October 2005, according to the latest National Association of Home Builders/Wells Fargo sentiment survey. Read today’s Bloomberg article, “Homebuilder Confidence in U.S. Strengthens to Highest Since 2005.” In other … Continue reading →

IDFPR website changed to make popular functions more prominent

IARbuzz.com Blog - Wed, 09/16/2015 - 8:00am
Visit the website for the Illinois Department of Financial & Professional Regulation (IDFPR), and you’ll see new buttons for checking license status and license renewals on the home page. The changes are part of a new design that should make it … Continue reading →

A tenant drug test OK’d in DR Legal News case study

IARbuzz.com Blog - Tue, 09/15/2015 - 2:06pm
Did you know that a private apartment building owner could require tenants to pass drug tests? Did you know that a broker with an exclusive listing contract was entitled to commission after the seller secretly negotiated a sale? Those are … Continue reading →

Morning Minute: CoreLogic finds 91 percent of mortgaged U.S. properties have positive equity

IARbuzz.com Blog - Tue, 09/15/2015 - 9:36am
In the second quarter of this year, another 759,000 U.S. properties are no longer “underwater” and have regained positive equity, bringing the total to 45.9 million, or 91 percent of all mortgaged properties in the country, according to a new … Continue reading →

President Kinney and fellow IAR Global Task Force members present at WCR

IARbuzz.com Blog - Mon, 09/14/2015 - 11:53am
IAR President and Global Task Force Chair Jim Kinney, joined task force members Jana Herdova, Delmy Economos and Maurice Hampton, as well as Mainstreet Global Task Force member Ahmed Badat for a panel discussion on global business services and how … Continue reading →

Morning Minute: NAR urges Congress to approve commercial use of drones

IARbuzz.com Blog - Mon, 09/14/2015 - 11:27am
Allowing the commercial use of unmanned aircraft systems (UASs), or drones as they are commonly called, is of growing interest to the real estate industry, said National Association of REALTORS® (NAR) President Chris Polychron in recent testimony before the U.S. … Continue reading →

Did you see the Good Neighbor Award ad? More important, did you vote?

IARbuzz.com Blog - Fri, 09/11/2015 - 5:15pm
The Wall Street Journal carried a full-page ad honoring the National Association of REALTORS® Good Neighbor Awards Finalists, including Illinois REALTOR® Daniel L. Goodwin. Goodwin has helped create affordable housing options for hundreds of Illinois residents through a charity he … Continue reading →

9/11 – We will never forget

IARbuzz.com Blog - Fri, 09/11/2015 - 10:30am

Morning Minute: New home construction lags behind job growth, NAR research finds

IARbuzz.com Blog - Fri, 09/11/2015 - 10:19am
Lower housing inventory has been an ongoing issue in the recovering real estate market and a new study from the National Association of REALTORS® (NAR) finds that new home construction is not keeping pace with a strengthening labor market in … Continue reading →

Save $20 now on IAR-sponsored Chicago-area Xplode Conference

IARbuzz.com Blog - Fri, 09/11/2015 - 8:00am
Illinois REALTORS® who want to learn about the latest trends in real estate technology and marketing can save $20 if they purchase their tickets for the Nov. 4 Chicago-area Xplode Conference now. An event pass for the day-long conference – … Continue reading →

Deadline for several REEF educational scholarships is Oct. 1

IARbuzz.com Blog - Thu, 09/10/2015 - 11:30am
Since 2000, the Illinois Real Estate Educational Foundation (REEF) has awarded scholarships totaling $450,000 to students of real estate and related fields of study. Oct. 1, 2015 is the application deadline for three scholarships: the Rich Port Scholarship, the Past … Continue reading →

Morning Minute: Mortgage rates hold steady this week

IARbuzz.com Blog - Thu, 09/10/2015 - 9:42am
Mortgage interest rates were largely unchanged this week, Freddie Mac reported today. The 30-year, fixed-rate mortgage averaged 3.90 percent, up slightly from 3.89 percent last week. The 15-year, fixed-rate mortgage averaged 3.10 percent, up from 3.09 percent the week before. … Continue reading →

Check today’s email for last Inman invitation

IARbuzz.com Blog - Wed, 09/09/2015 - 4:40pm
Sign up today for free real estate news from Inman. If you are an Illinois REALTOR® who hasn’t signed up yet, you will receive an email invitation today from IAR. Please respond if you’re interested. This association benefit is jointly … Continue reading →

Morning Minute: Is your home in a high risk area for natural disasters?

IARbuzz.com Blog - Wed, 09/09/2015 - 10:23am
RealtyTrac’s 2015 U.S. Natural Disaster Housing Risk Report highlights areas of the country where homeowners are at greater risk of experiencing natural hazards, such as tornadoes, hurricanes, earthquakes, wildfires, etc. The report estimates that 43 percent of U.S. homes are … Continue reading →

Crosby to run for Winnebago County Board

IARbuzz.com Blog - Tue, 09/08/2015 - 12:30pm
Illinois REALTOR® Jean Crosby, a partner and owner of Berkshire Hathaway HomeService Crosby Starck Real Estate in Rockford, announced she’s running for a seat on the Winnebago County Board. According to an article posted on the WIFR.com website, Crosby is … Continue reading →

Vote for the official hashtag for IAR’s 100 Year Anniversary

IARbuzz.com Blog - Tue, 09/08/2015 - 11:31am
In 2016 we begin a yearlong celebration of the Illinois Association of REALTORS® centennial milestone. Many events are planned including the April 26 Lobby Day & Anniversary Reception. Mark your calendar! And please vote for our “official” anniversary year hashtag. … Continue reading →

Morning Minute: Things to do now so you will be ready to sell your home later

IARbuzz.com Blog - Tue, 09/08/2015 - 10:19am
If you’re not quite ready to sell your home, use this fall to tackle some of the home improvement projects that need to be done so that when the time is right, you can list quickly. HouseLogic covers five projects … Continue reading →