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Illinois median prices climb in June while home sales hold steady

IARbuzz.com Blog - Mon, 07/24/2017 - 8:37am
Illinois home sales largely held steady and the statewide median price increased in June as motivated buyers were ready to move quickly amid tighter seasonal inventory, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in June … Continue reading →

Illinois median prices climb in June while home sales hold steady

IAR News - Fri, 07/21/2017 - 4:30pm
Date:  July 24, 2017 Intro: 

Illinois home sales largely held steady and the statewide median price increased in June as motivated buyers were ready to move quickly amid tighter seasonal inventory.

FOR RELEASE: July 24, 2017

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

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Foreign investment in U.S. real estate surges 49 percent; Illinois in top 10

IARbuzz.com Blog - Fri, 07/21/2017 - 4:08pm
Foreign investment in U.S. residential real estate reached a new high from March 2016 to April 2017, according to a annual survey released by the National Association of REALTORS® earlier this week. Foreign buyers amassed $153 billion in residential property … Continue reading →

Watch for Illinois REALTORS® June housing report Monday

IARbuzz.com Blog - Fri, 07/21/2017 - 1:34pm
Monday morning, Illinois REALTORS® will release its June 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 →

Champaign County Association of REALTORS® to celebrate 100th anniversary July 27

IARbuzz.com Blog - Fri, 07/21/2017 - 11:05am
On July 27, the Champaign County Association of REALTORS® (CCAR) will host a 100th Anniversary party from 2 to 4 p.m. at its office at 305 Burwash Avenue in Savoy. Photos and videos will be used to tell the story … Continue reading →

Michael Phelps to speak at REALTOR® Conference & Expo Nov. 4

IARbuzz.com Blog - Thu, 07/20/2017 - 5:27pm
Retired American swimmer Michael Phelps will headline the REALTOR® Conference and Expo by speaking and meeting attendees on Nov. 4 at the McCormick Place Convention Center West Building. Phelps is the most decorated athlete in Olympic history with 23 gold … Continue reading →

Changes to National Flood Insurance Program need serious consideration says REALTOR®

IARbuzz.com Blog - Thu, 07/20/2017 - 2:25pm
With the National Flood Insurance Program (NFIP) scheduled to expire on Sept. 30, the Illinois REALTORS® and about 42,000 Illinois homeowners who live in a flood plain are watching closely to see what action Congress takes in the meantime. Several … Continue reading →

12 questions to test your knowledge about multiple offers

IARbuzz.com Blog - Wed, 07/19/2017 - 4:29pm
In the July issue of Illinois REALTOR®, Director of Legal Services Betsy Urbance provides 12 questions about multiple offers that can refresh the memories of REALTORS® whether they’re representing buyers or sellers. Go to page 14 for the quiz. Readers … Continue reading →

Affected by N. Illinois flooding? IRRF is offering financial help

IARbuzz.com Blog - Wed, 07/19/2017 - 11:57am
The Illinois REALTORS® Relief Foundation (IRRF) is accepting applications from northern Illinois property owners who have been affected by the recent historic flooding. IRRF is Illinois REALTORS® charitable arm which focuses on helping those affected by disasters, and has provided … Continue reading →

12 days left for REALTORS® to enter Conference & Expo contest

IARbuzz.com Blog - Wed, 07/19/2017 - 10:58am
REALTORS® who answer seven trivia questions correctly by July 31 in the “How Well Do You Know Chicago Cuisine?” contest could win a $100 Lettuce Entertain You gift card to use at the REALTOR® Conference and Expo in November. To … Continue reading →

McDonald will wrap up Spotlight Series at REALTORS® Conference and Expo

IARbuzz.com Blog - Tue, 07/18/2017 - 11:30am
Marketing and advertising expert and author Kelly McDonald will speak Monday, Nov. 6 during the REALTORS® Conference & Expo in Chicago. Register today to see her presentation. McDonald will be the fourth of four entrepreneurs outside the real estate industry … Continue reading →

Morning Minute: NAR fights to keep net neutrality for agents and brokers

IARbuzz.com Blog - Tue, 07/18/2017 - 10:16am
The National Association of REALTORS® has joined a group of businesses in opposing a proposed change to the way the Internet is governed and has warned the Federal Communications Commission (FCC) the change could cause unequal access to content. Monday is … Continue reading →

Chicago Agent’s Who’s Who lists Illinois REALTORS®

IARbuzz.com Blog - Tue, 07/18/2017 - 8:59am
From Mack Alsaidi to Deena Zimmerman, Chicago Agent has its annual list of some of the best in the real estate business as part of the publication’s 2017 Who’s Who. Included in the feature is Illinois REALTORS® leadership team, made … Continue reading →

Is your corporate license in danger of becoming inoperative?

IARbuzz.com Blog - Tue, 07/18/2017 - 8:50am
More than 450 real estate businesses have lapses in their corporate licenses, according to IDFPR. These licenses are currently in “non-renewed” status, and if they are not restored by July 31, they will become listed as “inoperative.” Inoperative status means a firm … Continue reading →

Levitt third Spotlight Series speaker at REALTOR® Conference and Expo

IARbuzz.com Blog - Mon, 07/17/2017 - 11:30am
Economist, author and University of Chicago professor Steven Levitt will share ideas REALTORS® can use to enhance their businesses at the REALTOR® Conference & Expo in Chicago on Sunday, Nov. 5. Register today. Levitt is the third of four entrepreneurs … Continue reading →

Earn the SRS Designation August 17 & 18

IARbuzz.com Blog - Mon, 07/17/2017 - 9:21am
Illinois REALTORS® will offer the SRS designation course on August 17 & 18 at Three Rivers Association of REALTORS® in Joliet. Register Now! The SRS designation elevates professional standards, enhances individual performance, and recognizes real estate professionals who demonstrate the knowledge and … Continue reading →

REALTORS® put themselves in clients’ shoes when they visit Lake County government offices

IARbuzz.com Blog - Fri, 07/14/2017 - 3:39pm
Lake County REALTORS® braved unprecedented flooding and closed roads to attend a special, REALTOR®-only real estate related walking tour of Lake County government offices Monday. REALTORS® met with Recorder of Deeds Mary Ellen Vanderventer to learn more about the recording … Continue reading →

Elected officials joined REALTORS® in tribute to Goodwin

IARbuzz.com Blog - Fri, 07/14/2017 - 2:10pm
REALTOR® Daniel L. Goodwin, Chairman and CEO of Inland Real Estate Group of Companies, Inc. is featured in the July edition of Illinois REALTOR® as the first recipient of the state association’s Lifetime Achievement Award. Goodwin received the award in … Continue reading →

Morning Minute: More millennials living at home because of student debt

IARbuzz.com Blog - Fri, 07/14/2017 - 11:45am
Thursday the New York Federal Reserve reported that rising costs of college education are leaving more millennials with large student debts, causing more to return home to live with their parents and allowing fewer to save money for their first … Continue reading →

Rogers No. 2 in Spotlight Series at REALTORS® Conference & Expo

IARbuzz.com Blog - Fri, 07/14/2017 - 11:01am
Desirée Rogers, business leader, Chairman of the Chicago Tourism Bureau, and former Special Assistant and White House Social Secretary for President Barack Obama, will speak on Saturday, Nov. 4, during the REALTORS® Conference & Expo in Chicago. Rogers is the … Continue reading →