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Morning Minute: Mortgage rates fall below 4 percent, hit yearly low

IARbuzz.com Blog - Thu, 10/16/2014 - 9:52am
For the first time this year, 30-year fixed mortgage rates fell below 4 percent and hit a new low for 2014, Freddie Mac reports today. The 30-year rate averaged 3.97 percent while the 15-year, fixed rate averaged 3.18 percent. Read … Continue reading →

Morning Minute: Don’t make these credit score mistakes

IARbuzz.com Blog - Wed, 10/15/2014 - 9:41am
Many Americans don’t fully understand which spending and debt activity is tracked to determine their credit score and which isn’t, according to a new TransUnion survey. “Only 29% correctly identified mortgage payments as data that is regularly reported to credit … Continue reading →

Take note of first complaint received through Ethics Citation Program

IARbuzz.com Blog - Tue, 10/14/2014 - 12:22pm
An Illinois REALTOR® faces the possibility of a $250 fine for advertising violations following a panel review of a complaint this week. This is the first complaint submitted through the Ethics Citation Program, which began Sept. 24. The REALTOR® is … Continue reading →

Morning Minute: Tips to make your home more energy efficient this fall

IARbuzz.com Blog - Tue, 10/14/2014 - 9:00am
  HousingWire reports this morning on a new infographic from Shea Homes that offers a variety of ideas — from simple things you can do today to bigger projects to add to your long-term to-do list — that can make … Continue reading →

Morning Minute: Singles and their impact on the housing market

IARbuzz.com Blog - Mon, 10/13/2014 - 9:38am
Trend alert: Half of American adults today are single and living in one-person households and the preferences of this growing demographic could mean changes to future housing needs and trends, reports Daily Real Estate News on a recent article from Builder … Continue reading →

Commercial: Will the business of ‘going green’ follow Chicago’s lead?

IARbuzz.com Blog - Mon, 10/13/2014 - 9:00am
Understanding phrases like “energy-use benchmarking” and the ramifications of a recent ordinance passed in Chicago will make “going green” increasingly important to you and your clients, says one Chicago REALTOR® in the October issue of Illinois REALTOR® magazine. Angela Aeschliman, … Continue reading →

Manar, Jacobs get REALTOR® support in upcoming election

IARbuzz.com Blog - Mon, 10/13/2014 - 5:00am
IAR members – When you head to the polls to vote in the Nov. 4 general election, the Illinois REALTORS® Political Action Committee (RPAC) encourages you to vote for incumbents Sen. Andy Manar (D) and Sen. Mike Jacobs (D).  Deemed … Continue reading →

Morning Minute: Is rising student loan debt impacting housing?

IARbuzz.com Blog - Fri, 10/10/2014 - 9:28am
A new study from John Burns Real Estate Consulting estimates that growing student loan debt is making it harder for younger buyers to afford a home and that will negatively impact the housing market, HousingWire reports in the article, “Student … Continue reading →

Not one, not two, but 11 ideas for rookies to succeed in real estate

IARbuzz.com Blog - Thu, 10/09/2014 - 4:31pm
Listen to the ideas of real estate author Bernice Ross, who is CEO of RealEstateCoach.com, a national speaker and trainer with more than 1,000 published articles and two best-selling real estate books. Whether you’re a newcomer to the profession or … Continue reading →

Illinois GRI Turns 50 #TBT Photo

IARbuzz.com Blog - Thu, 10/09/2014 - 4:20pm
The Illinois GRI Program is celebrating 50 years. In honor of #TBT, we’re sharing a GRI photo from days gone by. Recognize any of these Chicago REALTORS® at GRI in 1992? Here’s a hint on one: 2015 IAR President Jim … Continue reading →

Be first to earn an SRS through Wayne Edwards GRI Grad course

IARbuzz.com Blog - Thu, 10/09/2014 - 3:56pm
Sign up now to take the Wayne Edwards GRI Grad course Dec. 3-4 in Peoria and you can save $30 and be one of the first Illinois REALTORS® to earn the Seller Representative Specialist (SRS) designation. You’ll join an elite … Continue reading →

Quick home maintenance tips to tackle this fall

IARbuzz.com Blog - Thu, 10/09/2014 - 10:38am
It’s fall and as the leaves and temperatures begin to drop, it is a great time to take care of some of the home maintenance tasks that need to be done to prepare your home for the winter. HouseLogic, an … Continue reading →

Could Snoop Dogg or Taylor Swift lyrics keep confidential info safe online?

IARbuzz.com Blog - Wed, 10/08/2014 - 2:24pm
Take advantage of some great tips provided during the “Cyber Security: A Shared Responsibility” webinar.  Kristina V. Dorville of the Department of Homeland Security’s National Cyber Security Division shared best practices for preventing identity theft, improving security for mobile devices … Continue reading →

Morning Minute: Mortgage applications climb 3.8 percent

IARbuzz.com Blog - Wed, 10/08/2014 - 9:59am
Mortgage applications are rising again, climbing 3.8 percent compared to the week before, according to the Mortgage Bankers Association. Applications for refinance applications also rose 5 percent. HousingWire reports on the development in the article, “Mortgage applications reverse trend rising … Continue reading →

IAR members meet to map association’s future in Bloomington-Normal

IARbuzz.com Blog - Wed, 10/08/2014 - 9:51am
Members of the Strategic Planning Committee are meeting in Bloomington-Normal throughout the day on Oct. 8, 2014. On the agenda: Updating the roadmap for the association to follow in the years ahead. The day will feature discussions of compliance with … Continue reading →

Use Data and Perspective to Polish Your Negotiating Skills

IARbuzz.com Blog - Tue, 10/07/2014 - 2:41pm
If you can access the right data to support your position, you’ll have a better chance of satisfying the clients you represent, says Christine Wilczek, a Lemont broker-associate who is among her organization’s national sales leaders. “If you’re truly working … Continue reading →

Three things real estate agents should know before arming themselves

IARbuzz.com Blog - Tue, 10/07/2014 - 2:26pm
The horrible news out of Arkansas where REALTOR® Beverly Carter was killed during a showing has prompted a lot of discussion in the industry about carrying a weapon for protection. After all, REALTORS® often meet people they don’t know, and … Continue reading →

Enter RPAC raffle before Oct. 10 deadline

IARbuzz.com Blog - Tue, 10/07/2014 - 1:31pm
IAR members can meet their financial commitments to the REALTORS® Political Action Committee (RPAC) by making contributions to the RPAC Cash Raffle this week.  The deadline is 11:59 p.m. Friday (Oct. 10). Or, if you have already given, here’s a … Continue reading →

Morning Minute: Consumers feeling more positive about the housing market

IARbuzz.com Blog - Tue, 10/07/2014 - 8:58am
Sixty-eight percent of Americans say now is a good time to buy a home, a four-percentage-point jump compared to August, according to Fannie Mae’s September National Housing Survey. Consumers are also feeling more optimistic about the economy in general, the … Continue reading →

Support these REALTORS® on Election Day, Nov. 4

IARbuzz.com Blog - Mon, 10/06/2014 - 1:24pm
If you live in the 62nd District for the Illinois House of Representatives, northwest of Chicago in Lake County, REALTOR® Rep. Sam Yingling (D) of Grayslake is running for re-election.  The Illinois REALTORS® Political Action Committee (RPAC) – with input … Continue reading →