Feed aggregator

Flood insurance fix needed to maintain housing affordability

IARbuzz.com Blog - Sun, 03/02/2014 - 10:03am
For many, the issue of flood insurance has created almost as much havoc as a flood itself.  Issues such as mis-priced actuarial rates and extraordinary premium increases have resulted in unintended consequences such as property sales that do not close, … Continue reading →

NAR: REALTORS® oppose tax reform proposal that could hurt consumers and homeowners

IARbuzz.com Blog - Fri, 02/28/2014 - 11:32am
REALTORS® are speaking out against a new federal tax reform proposal that would scale back several tax deductions available to taxpayers including limits on the mortgage interest deduction (MID), which benefits many middle- and lower-class homeowners. “We are extremely disappointed … Continue reading →

Concealed Carry sample policy and forms available for IAR members

IARbuzz.com Blog - Thu, 02/27/2014 - 3:29pm
Illinois recently became the final state in the U.S. to allow residents to carry concealed firearms. The question for managing brokers is how to respond to the policy, which raises questions about safety and liability. IAR organized a task force … Continue reading →

Morning Minute: Despite rising home prices, it’s still cheaper to buy than rent in major U.S. cities

IARbuzz.com Blog - Thu, 02/27/2014 - 11:23am
Buying a home still beats renting in all 100 large U.S. metros, according to a new Rent vs. Buy Report from Trulia. In fact, in Chicago it is 47 percent cheaper to buy a home compared to renting while in St. Louis, it … Continue reading →

Register now to take part in IAR’s Habitat project

IARbuzz.com Blog - Wed, 02/26/2014 - 12:44pm
IAR President Phil Chiles has a challenge for Illinois REALTORS®: Build three Habitat for Humanity homes by the end of 2014. The first Habitat build will be in Murphysboro, Ill., beginning April 4. Another build is scheduled for May 19 … Continue reading →

Olefson to keynote Illinois Housing Leaders Conference; register now

IARbuzz.com Blog - Wed, 02/26/2014 - 2:34am
This year’s Illinois Housing Leaders Conference will feature noted financial writer Shari Olefson. Olefson is director of the Carnegie Group think tank and author of “Financial Fresh Start.” She’s written widely on the financial impacts of regulations enacted in the … Continue reading →

REALTOR® Dan Wagner first IAR RPAC Ambassador

IARbuzz.com Blog - Tue, 02/25/2014 - 2:07pm
Congratulations to REALTOR® Dan Wagner, of Inland Real Estate Group, on being the first REALTORS® Political Action Committee (RPAC) Points of Light Ambassador for 2014. The “1,000 Points of Light” RPAC Ambassador campaign is a new initiative aimed at increasing … Continue reading →

Bustos discusses federal policy with Illinois REALTORS® at Let’s Talk event

IARbuzz.com Blog - Fri, 02/21/2014 - 2:13pm
IAR President, Phil Chiles kicked off a great discussion this morning at the Lets Talk Real Estate event with Congresswoman Cheri Bustos Friday, Feb. 21, 2014, at the Rock Island Arsenal Club in Moline, IL. Federal Political Coordinator David Levin had … Continue reading →

Anderson speaks at Egyptian Board’s Ed/Tech event

IARbuzz.com Blog - Fri, 02/21/2014 - 10:17am
Members of the Egyptian Board of REALTORS® took part Friday, Feb. 21, 2014, in their Ed/Tech Day, an event that covered everything from how to negotiate to taking better pictures. Illinois Association of REALTORS® Governmental Affairs Director Kyle Anderson kicked … Continue reading →

Infographic: Illinois Median Prices Continue to Rise #IARMarketStats

IARbuzz.com Blog - Fri, 02/21/2014 - 10:09am
A new infographic from the Illinois Association of REALTORS® shows that while Illinois home sales took a seasonal dip in January, median prices continue to rise. The statewide median price was up 9.6 percent compared to last year at this … Continue reading →

Video: January Illinois Housing Report #IARMarketStats

IARbuzz.com Blog - Fri, 02/21/2014 - 9:35am
This latest video from the Illinois Association of REALTORS® shows that while severe winter weather and inventory levels impacted Illinois home sales activity in January, median prices continued to increase on an annual basis. Read the news release. #IARMarketStats

Severe winter weather cools January home sales but median prices continue year-over-year march upward

IAR News - Thu, 02/20/2014 - 3:27pm
Date:  February 21, 2014 Intro: 

The polar vortex and lower inventory levels may have affected January home sales which dipped 7.5 percent compared to last year, but median home prices climbed 9.6 percent over previous-year levels, according to the Illinois Association of REALTORS®.

FOR RELEASE: February 21, 2014

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

read more

Morning Minute: Four home features on the Millennial buyer’s wish list

IARbuzz.com Blog - Thu, 02/20/2014 - 12:35pm
Wonder what today’s young Millennial buyers are looking for in a home? The Chicago Agent article, “4 Essential Features for Millennial Homebuyers,” highlights four must-haves including: turn-key kitchens and baths, a home office, the latest technology and an urban location. … Continue reading →

REALTORS® meet with U.S. Rep. Lipinski at Let’s Talk event

IARbuzz.com Blog - Wed, 02/19/2014 - 1:35pm
U.S. Rep. Dan Lipinski met with Illinois REALTORS® on Tuesday, Feb. 19, as part of an ongoing series of congressional meetings sponsored by the Illinois Association of REALTORS®. The meetings are held with members of Congress to allow IAR members … Continue reading →

REALTOR® Magazine wants your nominations for 2014 Good Neighbor Awards

IARbuzz.com Blog - Wed, 02/19/2014 - 12:01pm
The national REALTOR® Magazine is accepting nominations for this year’s Good Neighbor Awards. Five winners will be chosen from around the country. If you know of an Illinois REALTOR® who is a standout volunteer who strives to make his or … Continue reading →

Morning Minute: Three Illinois cities make most affordable housing list

IARbuzz.com Blog - Wed, 02/19/2014 - 11:33am
The Illinois cities of Rockford, Decatur and Springfield were among the top five U.S. metro areas with the best housing affordability conditions in the final quarter of 2013, according to the National Association of REALTORS® (NAR). The other cities on … Continue reading →

Have you registered to vote? Key primary deadline today

IARbuzz.com Blog - Tue, 02/18/2014 - 1:05pm
REALTORS® have a chance to let their voices be heard in the March primary. But if you haven’t registered, yet, today’s the deadline for the primary on March 18. Want to know more? Need to know where to go? Try … Continue reading →

RealtyTrac: Illinois turning a corner on foreclosures

IARbuzz.com Blog - Tue, 02/18/2014 - 12:25pm
The foreclosure process can take longer in Illinois where cases must go through a judicial review, but RealtyTrac vice president Daren Blomquist told the State Journal-Register that the state appears to have turned a corner and foreclosure rates, while still … Continue reading →

Let’s Talk Real Estate with U.S. Reps. Lipinski and Bustos

IARbuzz.com Blog - Fri, 02/14/2014 - 5:07pm
The Illinois Association of REALTORS® continues its series of conversations with Illinois’ Congressional delegation with Let’s Talk Real Estate events Wednesday, Feb. 19 with U.S. Rep. Dan Lipinski in Orland Park and Friday, Feb. 21 with U.S. Rep. Cheri Bustos … Continue reading →

Property tax resource available in video, handout formats from IAR

IARbuzz.com Blog - Fri, 02/14/2014 - 10:23am
As part of IAR’s mission to help you be an informative resource for your clients, the RVoice Program has materials you can use for FREE. Since the property tax system is something that tends to confuse a lot of people … Continue reading →