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Morning Minute: Low mortgage rates hold steady this week

IARbuzz.com Blog - Fri, 06/23/2017 - 11:43am
Homebuyers are finding that year-to-date low mortgage rates are continuing to hold steady, Freddie Mac reported this week. A 30-year, fixed-rate mortgage averaged 3.90 percent and the 15-year, fixed-rate mortgage averaged 3.17 percent this week. Read more from Freddie Mac. … Continue reading →

Elwood nixes 2-year old fire sprinkler mandate

IARbuzz.com Blog - Fri, 06/23/2017 - 10:14am
It all started with a text message. Nearly a year later, the village of Elwood killed a policy mandating costly fire sprinkler systems be installed in all new residential construction. The move on Wednesday is significant because Elwood stood alone … Continue reading →

Legal Minutes: Recording and Surveillance Technology

IARbuzz.com Blog - Fri, 06/23/2017 - 9:00am
Home security cameras and other types of audio and video surveillance technology are becoming more and more common. How does that affect you, as a REALTOR®? In the newest episode of Legal Minutes, Betsy Urbance, Director of Legal Services at … Continue reading →

Tools can show your support for families that want to own homes

IARbuzz.com Blog - Thu, 06/22/2017 - 2:00pm
Visit the U.S. Department of Housing and Urban Development website now for information you can share with local news media about families who beat the odds and purchased a home with help from a housing counseling agency. The National Homeownership … Continue reading →

Video uses personalities to attract REALTORS® to Chicago

IARbuzz.com Blog - Thu, 06/22/2017 - 10:00am
Chicagoan Rebecca Thomson is one of seven REALTORS® whose communication skills are put to the test in the video titled “8 Seconds.” Each is challenged to spontaneously develop an eight-second message that will convince colleagues to attend the NAR Conference … Continue reading →

MRED named a finalist for 2017 Inman Innovator Award

IARbuzz.com Blog - Wed, 06/21/2017 - 4:20pm
Midwest Real Estate Data (MRED) was one of nine finalists named this week for 2017 Inman Innovator Awards in the combined category of Most Innovative MLS or Association. The 2017 Inman Innovators will be revealed at Inman Connect in San … Continue reading →

VIDEO: May Housing Report

IARbuzz.com Blog - Wed, 06/21/2017 - 2:00pm
Illinois REALTORS® issued its housing market report for May 2017 earlier today. Watch this video to hear how REALTORS® view their local markets, and their outlooks for the coming months.

5 resources Illinois REALTORS® just can’t do without

IARbuzz.com Blog - Wed, 06/21/2017 - 10:02am
When Sorling Northrup Attorney Jeff Baker presented “Summer School: Agency 101” at MREDpalooza Tuesday in Rosemont, he addressed many aspects of agency in Illinois. Illinois REALTORS® has more than 50 free downloadable forms, contracts, brochures and manuals available to members, … Continue reading →

Illinois housing market makes gains in May with higher home sales and prices

IARbuzz.com Blog - Wed, 06/21/2017 - 8:16am
Statewide home sales picked up in May and properties sold quickly even as median prices tracked higher than a year ago, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in May 2017 totaled 17,077 homes sold, … Continue reading →

See photos from today’s MREDpalooza in Rosemont

IARbuzz.com Blog - Tue, 06/20/2017 - 5:00pm
REALTORS® packed the Donald E. Stephens Convention Center in Rosemont today for the 2017 MREDpalooza, co-hosted by Midwest Real Estate Data and Illinois REALTORS®. Participants learned during education sessions, talked with knowledgeable vendors about technology that could potentially improve their … Continue reading →

Illinois housing market makes gains in May with higher home sales and prices

IAR News - Tue, 06/20/2017 - 2:52pm
Date:  June 21, 2017 Intro: 

Statewide home sales picked up in May and properties sold quickly even as median prices tracked higher than a year ago, according to Illinois REALTORS®

FOR RELEASE: June 21, 2017

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

read more

Watch for Illinois REALTORS® May housing report Wednesday

IARbuzz.com Blog - Tue, 06/20/2017 - 6:00am
Wednesday morning, Illinois REALTORS® will release its May 2017 housing report, with data breakdowns for the state of Illinois, city of Chicago and the nine-county Chicago Primary Metropolitan Statistical Area (PMSA). Also included will be a housing market forecast by … Continue reading →

Tuesday deadline for committee and board of director applications

IARbuzz.com Blog - Mon, 06/19/2017 - 1:59pm
Tuesday June 20 is the deadline for Illinois REALTORS® to submit their requests for 2018 state committees and applications for board of directors. To be considered for the board of directors, candidates have to meet certain criteria and fill out … Continue reading →

Don’t forget MREDpalooza starts Tuesday at 9 a.m.

IARbuzz.com Blog - Mon, 06/19/2017 - 11:34am
One of the largest MLS tech expos in the country begins at 9 a.m. Tuesday at the Donald D. Stephens Convention Center in Rosemont and will give Illinois REALTORS® who attend a chance to ask knowledgeable vendors questions and see … Continue reading →

Governor calls General Assembly back June 21

IARbuzz.com Blog - Fri, 06/16/2017 - 10:31am
Gov. Bruce Rauner signed a series of proclamations Thursday, calling members of the General Assembly to Springfield for a special 10-day session to resolve the state budget impasse. The session begins at noon June 21 and continues daily through the … Continue reading →

NAR cybersecurity list gives many ways to protect consumer trust

IARbuzz.com Blog - Thu, 06/15/2017 - 1:15pm
REALTORS® can take steps to protect the information they collect from consumers by using best practices in several aspects of their real estate businesses including email, password protection, setting up information policies and maintaining appropriate insurance coverage, according to the … Continue reading →

Inman Select: What does Federal Reserve rate hike announcement mean?

IARbuzz.com Blog - Thu, 06/15/2017 - 10:32am
Following the Federal Reserve’s announcement of its third hike of short-term interest rates in the last seven months, NAR Chief Economist Lawrence Yun, the Federal Open Market Committee and a real estate economist shared their thoughts for Inman Select. The … Continue reading →

3 reasons why ethical leadership important for REALTORS®

IARbuzz.com Blog - Wed, 06/14/2017 - 4:47pm
Trainer Bruce Aydt shared a day’s worth of lessons about the importance of ethical leadership with members of the 2017 Leadership Development Program at the Illinois REALTORS® offices Wednesday. Near the end of the day, he offered three insights any … Continue reading →

Registration closes Sunday for MREDpalooza; prizes, training and more

IARbuzz.com Blog - Wed, 06/14/2017 - 2:05pm
REALTORS® still have four days left to register and attend MREDpalooza 2017 on June 20 at the Donald E. Stephens Convention Center in Rosemont. MREDpalooza offers knowledgeable vendors and more than $10,000 in prizes to MRED members and non-members who … Continue reading →

Paprocki named AIREE Educator of the Year

IARbuzz.com Blog - Tue, 06/13/2017 - 3:15pm
Wayne Paprocki, of Realty Advisors North in Northbrook and the Real Estate Negotiation Institute, received the 2017 Educator of the Year award Friday from the Association of Real Estate Educators (AIREE). Paprocki serves on the Illinois REALTORS® Board of Directors … Continue reading →