What is at issue is determining exactly how this form of energy extraction, both and oil and gas, effects property ownership, rights and the practice of real estate. Several issues are on the table to be discussed. This issues include … Continue reading →

For those who took part in the HomePath Short Sale – Improving the Short Sale Experience, an IAR webinar, you can now download the audio and video file on the association website. To gain access, go here. The next webinar … Continue reading →

On any given weekend, REALTORS® in Illinois communities both large and small are showcasing their listings and their market expertise by holding open houses for the public. With REALTORS® Nationwide Open House Weekend coming up on April 20-21, what can … Continue reading →

Boomerang buyers — homeowners who have emerged from foreclosure or short sale and are ready to buy again — are returning to the housing market, according to the article, “Boomerang buyers make a comeback,” in the Chicago Tribune (via The … Continue reading →

REALTORS® build communities and believe people have a right to live wherever they can afford to live. This month marks the 45th anniversary of the 1968 landmark Fair Housing Act. Each year REALTORS® recognize the significance of this event and … Continue reading →

Get Involved! Join hundreds of Illinois REALTORS® in Springfield April 15 and 16 for the Illinois Association of REALTORS® Housing Leaders Conference and Capitol Conference. You’ll hear about issues impacting the real estate industry and meet with legislators and the … Continue reading →

Mortgage loan modifications through Fannie Mae and Freddie Mac could get easier beginning July 1, under a simplified process that eliminates the requirement that homeowners to first provide financial and hardship documentation. Under the new Streamlined Modification Initiative, borrowers who … Continue reading →

Make 2013 a Winner For Your Business! You need more than luck to succeed in real estate. It takes knowledge, skills and motivation. We have the magic three for you at this year’s IAR Spring Conference. EARLY BIRD RATE ENDS … Continue reading →

The Illinois Association of REALTORS® is using several new tools to make a difference for our members in the April 9 municipal elections. IAR’s Mike Scobey explains how independent expenditures and other targeted efforts can help protect private property rights … Continue reading →

HousingWire reports this morning that loan quality on mortgages is up and the number of first-lien loans in foreclosure fell below 1 million, the lowest it has been since June 2009, according to a new report from the Office of … Continue reading →

The U.S. supply of shadow inventory fell to 2.2 million units in January, a 28 percent drop from its peak in January 2010, according to a new report from CoreLogic. CoreLogic defines shadow inventory as the pending supply of distressed … Continue reading →

Ever wonder what first catches the eye of potential homebuyers when they look at your online real estate listings? In “20 Seconds for Love at First Sight,” the Wall Street Journal reports that nearly all, more than 95 percent of … Continue reading →

By IAR Education Manager Carrie Elliott and IAR Legal Hotline Attorney Betsy Urbance By April 30, 2013 Illinois managing broker licensees must have completed the continuing education (CE) requirements and applied to renew their license through the Illinois Department of … Continue reading →

On Tuesday, the Illinois Association of REALTORS® issued a Call to Action against SB1155. The bill, which was sponsored by Sens. Thomas Cullerton, D-Chicago, and Linda Holmes, D-Aurora, could give counties and municipalities statewide the authority to force landlords to obtain licenses to … Continue reading →

Date:  March 22, 2013 Intro: 

IAR’s advocacy effort yields results: SB1155 held…for now 

 

read more

The Illinois Building Blocks program aimed at revitalizing communities through the sale of vacant homes is being expanded to include 10 additional Illinois communities: Belleville Blue Island Champaign Cicero Crest Hill Joliet Lockport Lynwood Melrose Park Peoria They join the … Continue reading →

Do you have the right tools to sell short sales in today’s market? Do you want to better understand how to work with homeowners pursuing a short sale? If so, there is still time to register for today’s Fannie Mae … Continue reading →

Illinois home sales increased 16.2 percent over previous-year levels in February and median prices increased 5.1 percent, according to the Illinois Association of REALTORS®. Statewide home sales (including single-family homes and condominiums) in February 2013 totaled 8,213 homes sold, up … Continue reading →

Date:  March 21, 2013 Intro: 

Illinois home sales increased 16.2 percent over previous-year levels in February and median prices increased 5.1 percent, according to the Illinois Association of REALTORS®.

 

FOR RELEASE: March 21, 2013

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

 

read more

By IAR Education Manager Carrie Elliott and IAR Legal Hotline Attorney Betsy Urbance By April 30, 2013 Illinois managing broker licensees must have completed the continuing education (CE) requirements and applied to renew their license through the Illinois Department of … Continue reading →