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Move, Inc. to be bought by News Corporation for $950 million

IARbuzz.com Blog - Tue, 09/30/2014 - 9:31am
Move Inc., the parent of REALTOR.com, will be bought by News Corporation for $950 million in cash, it was announced this morning. The sale caps months of widespread changes in the industry. Zillow bought Trulia two months ago, creating a … Continue reading →

In Case You Missed It: Top IARbuzz blog posts from last week

IARbuzz.com Blog - Mon, 09/29/2014 - 10:22am
In case you missed it, here are three of the top IARbuzz blog posts from the past week: IAR debuts housing data reports in Spanish – The Illinois Association of REALTORS® is now offering Spanish-language housing data for its members … Continue reading →

Morning Minute: More families helping first-time buyers finance a home

IARbuzz.com Blog - Mon, 09/29/2014 - 10:09am
More first-time buyers are turning to their parents and families for help pulling together a down payment to buy a home. Data from the National Association of REALTORS® (NAR) found that 27 percent of first-time buyers last year received a … Continue reading →

Six great ways to enhance your personal safety

IARbuzz.com Blog - Mon, 09/29/2014 - 10:00am
You can protect yourself and thwart criminal behavior by thinking like Frank Yunk-Arnold of Coldwell Banker Brown REALTORS®.  The O’Fallon, Ill., resident teaches a safety course for new members of the REALTOR® Association of Southwestern Illinois (RASI). He suggests that … Continue reading →

RPAC Trustees identify pro-REALTOR® candidates

IARbuzz.com Blog - Fri, 09/26/2014 - 10:40am
The Illinois REALTORS® Political Action Committee (RPAC) provides direct contributions to pro-REALTOR® candidates and – for REALTOR® candidates who face tough challenges – provides grassroots support to urge IAR members to vote for those candidates.  Deemed “Opportunity Races,” these candidates are selected by … Continue reading →

Make all the deadlines so you can vote this year!

IARbuzz.com Blog - Thu, 09/25/2014 - 5:02pm
To make your voice heard in elections this fall; make sure you don’t miss any of the other important dates and deadlines supplied by the Illinois State Board of Elections. Did you know that 75 percent of Illinois REALTORS® typically … Continue reading →

IAR debuts housing data reports in Spanish

IARbuzz.com Blog - Thu, 09/25/2014 - 12:45pm
Today, the Illinois Association of REALTORS® begins offering Spanish-language housing data for its members and their clients. IAR is providing the data snapshots for Illinois, the nine-county Chicago area and the city of Chicago. Coming soon, the association will offer … Continue reading →

IAR legal team expands to offer Transaction Helpline

IARbuzz.com Blog - Thu, 09/25/2014 - 10:30am
As more IAR members discover the purpose of the Transaction Helpline, the more familiar they’ll be with Jeffrey T. Baker. Baker is the Sorling Northrup attorney who’ll answer questions about the real estate contracts REALTORS® use with buyers and sellers.  … Continue reading →

Morning Minute: New construction home sales surge in August

IARbuzz.com Blog - Thu, 09/25/2014 - 10:20am
The sale of new homes rose 18 percent in August, marking the highest one-month jump in six years, MarketWatch reports. Sales climbed to a seasonally adjusted rate of 504,000 units, according to data from the U.S. Commerce Department. The market’s … Continue reading →

Are you ready for this week’s open house?

IARbuzz.com Blog - Wed, 09/24/2014 - 5:27pm
If you’re preparing an open house this weekend, take steps to make sure the event is safer for you and your associates.  In the spirit of REALTOR® Safety Month, here are seven ideas provided by the National Association of REALTORS®: … Continue reading →

Get out the Vote! Register to vote by the Oct. 7 deadline

IARbuzz.com Blog - Wed, 09/24/2014 - 3:23pm
Make sure the Illinois REALTOR® voice is heard loud and clear at the election polls on Nov. 4. If you haven’t yet, register to vote before the Oct. 7 deadline. Other dates to know? Early voting for the Illinois 2014 … Continue reading →

Infographic provides housing forecast info four ways

IARbuzz.com Blog - Tue, 09/23/2014 - 12:00pm
Check out the latest Illinois Housing Market Forecast infographic, which includes four charts and brief comments from Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory (REAL), University of Illinois. It’s the type of information we can share with … Continue reading →

Help Evanston member win talent contest at NAR Conference

IARbuzz.com Blog - Tue, 09/23/2014 - 9:42am
Illinois REALTORS® who attend the upcoming National Association of REALTORS® Conference & Expo in New Orleans can cheer – and vote – for one of their own if they attend the talent contest at 7:30 p.m. on Sunday, Nov. 9. … Continue reading →

Video: August 2014 IAR Housing Report #IARMarketStats

IARbuzz.com Blog - Mon, 09/22/2014 - 9:30am
The Illinois Association of REALTORS® releases a look at how the housing market is doing each month. This month, Dr. Geoffrey Hewings, director of the Regional Economic Applications Laboratory at the University of Illinois shares his thoughts on the numbers.

Illinois median home prices increase 6.1 percent in August; Home sales down amid tight inventory

IAR News - Fri, 09/19/2014 - 5:56pm
Date:  September 19, 2014 Intro: 

Illinois median home prices continued to see robust annual gains in August while tighter housing inventory and credit availability slowed sales in the final month of the summer selling season.

FOR RELEASE: September 22, 2014

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

read more

How well do you know your Millennial clients?

IARbuzz.com Blog - Fri, 09/19/2014 - 2:12pm
According to a report released by the Demand Institute – a non-profit think tank formed by the Conference Board and Nielsen – some myths about Millennials might be busted within the next five years and their spending habits may turn … Continue reading →

10 ways to know if you need a real estate license to manage property in Illinois

IARbuzz.com Blog - Fri, 09/19/2014 - 10:56am
IAR gets thousands of calls a year for legal guidance. One hot topic off the association’s Legal Hotline was property management, which, when you do it for another person and for compensation, requires a properly sponsored real estate license. The … Continue reading →

Be one of the first to get the REALTOR® Credit Card

IARbuzz.com Blog - Thu, 09/18/2014 - 4:26pm
Show pride in your profession and enjoy the benefits that you deserve by getting the REALTOR® Credit Card from REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union. REALTOR® cards offer competitive interest rates, a comprehensive rewards program … Continue reading →

HUD Secretary: More must be done to expand homeownership

IARbuzz.com Blog - Wed, 09/17/2014 - 10:00am
Department of Housing and Urban Development (HUD) Secretary Julián Castro said Tuesday that more must be done to boost homeownership in the U.S. and make home financing more accessible. REALTORS® welcomed Castro’s comments and in a statement, National Association of … Continue reading →

IAR efforts delay vote on Deerfield code change mandating fire sprinklers

IARbuzz.com Blog - Wed, 09/17/2014 - 9:56am
Deerfield’s board of trustees was poised to adopt wholesale a set of changes to building codes. That’s when IAR Government Affairs Director Howard Handler stepped in to ask why new homes would be required to have sprinkler systems installed under … Continue reading →