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Morning Minute: Taking a closer look at March home sales

IARbuzz.com Blog - Thu, 04/21/2016 - 9:47am
March Illinois home sales rose 1.9 percent annually and existing-home sales rose nationally for the month as well. Strong gains in the Midwest and Northeast regions of the country helped drive overall home sales up 5.1 percent compared to February … Continue reading →

IHDA offers REALTORS® valuable resources for clients

IARbuzz.com Blog - Wed, 04/20/2016 - 11:58am
The Illinois Housing Development Authority (IHDA) offers a list of “top performing” lenders in Illinois as well as single-family mortgage programs that can help homebuyers with good credit but without the means for down payments. To get the details about … Continue reading →

Morning Minute: Wagner moderates Washington, D.C. panel discussion

IARbuzz.com Blog - Wed, 04/20/2016 - 10:24am
REALTOR® Dan Wagner, treasurer-nominee for the Illinois REALTORS®, moderated a panel discussion at the Investment Program Association’s Executive Leadership Summit and Fly-in earlier this week in Washington, D.C. The panel addressed the idea of tax reform and how to protect … Continue reading →

Illinois home prices climb 4.3 percent in March; sales increase 1.9 percent

IARbuzz.com Blog - Wed, 04/20/2016 - 8:00am
SPRINGFIELD, Ill. — The spring market is in swing with steady gains in March median prices and modest growth in statewide home sales even as the housing supply is low for the season, according to the Illinois REALTORS®. Statewide home … Continue reading →

Illinois home prices climb 4.3 percent in March; sales increase 1.9 percent

IAR News - Tue, 04/19/2016 - 4:29pm
Date:  April 20, 2016 Intro: 

The spring market is in swing with steady gains in March median prices and modest growth in statewide home sales even as the housing supply is low for the season, according to the Illinois REALTORS®. 

FOR RELEASE: April 20, 2016

For Further Information Contact: Jon Broadbooks, 217-529-2600

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Illinois House committee recognizes 100th anniversary of Illinois REALTORS®

IARbuzz.com Blog - Tue, 04/19/2016 - 4:24pm
Tuesday the Illinois House House Business and Occupational License Committee unanimously passed a resolution proclaiming April 25 as Illinois REALTOR® Day across the state. You can read the text of the House resolution. On April 25, 1916, the association was … Continue reading →

Call for Action: Tenant radon disclosure bill an overreach

IARbuzz.com Blog - Tue, 04/19/2016 - 11:52am
Illinois REALTORS® is issuing its first Call for Action of the 2016 legislative session today in response to a bill which would dramatically alter rules for property owners who deal with rentals. Take part now in telling your lawmaker this legislation needs … Continue reading →

REALTOR® Villegas adapts to community’s changing needs

IARbuzz.com Blog - Mon, 04/18/2016 - 7:40am
Illinois REALTOR® Erika Villegas has developed her own style when it comes to charitable giving, and as a result, she’s been able to help less fortunate families as close as Chicago and as far away as Central America. Villegas is … Continue reading →

One page for all Illinois REALTORS®’ 2016 community leader stories

IARbuzz.com Blog - Fri, 04/15/2016 - 2:00pm
Get the names, photos and stories that have been written this year about Illinois REALTORS® who demonstrate their love for their communities by donating time and resources to local charities and non-profit causes. Visit the 100th anniversary community leader page. … Continue reading →

Last-minute tax filer? You have a lot of company

IARbuzz.com Blog - Fri, 04/15/2016 - 12:23pm
Yes, you do have a few extra days to get your taxes for 2015 ready due to Emancipation Day in Washington, D.C. But as you get ready to file, take solace in the fact that more than 20 million people join … Continue reading →

Illinois REALTORS® gets mention from NAR for advocacy work

IARbuzz.com Blog - Thu, 04/14/2016 - 4:42pm
The National Association of REALTORS® has published an article on the the REALTOR® Action Center website which outlines work Illinois REALTORS® are doing to educate policymakers at the local, state and federal levels. The article notes each of the state’s 18 U.S. representatives and two U.S. … Continue reading →

SRES Designation spotlights senior market

IARbuzz.com Blog - Thu, 04/14/2016 - 12:06pm
The Illinois REALTORS® and the Three Rivers Association of REALTORS® are offering an SRES® Designation course May 3 & 4 in Joliet, Illinois. The SRES® (Senior Real Estate Specialist Designation) course provides specialized training and support for REALTORS® to serve the … Continue reading →

Webinars designed to make TRID easier to understand

IARbuzz.com Blog - Thu, 04/14/2016 - 9:41am
Illinois REALTORS® should take advantage of webinars offered by the Consumer Financial Protection Bureau (CFPB) because they will make the TILA-RESPA Integrated Disclosure process (TRID) easier to use and to understand. According to the Inman Select article, “5 things you need … Continue reading →

Don’t wait until April 30 to renew broker licenses

IARbuzz.com Blog - Wed, 04/13/2016 - 2:48pm
The time to renew broker licenses is now. Although the online renewal process is expedient, it is always a good practice to plan for unexpected obstacles. Illinois REALTORS® should allow enough time to work around any issues that may occur. Here are … Continue reading →

Understanding why people buy their homes

IARbuzz.com Blog - Wed, 04/13/2016 - 10:34am
The most popular reasons for buying homes include a number of emotional and financial factors but still revolve around the American Dream of owning your own home, according to the blog Keeping Current Matters.com. In the blog post, “The top … Continue reading →

Morning Minute: Homebuyers drive uptick in mortgage applications

IARbuzz.com Blog - Wed, 04/13/2016 - 10:18am
Mortgage applications jumped 10 percent last week, due in part to homebuyers wanting to take advantage of low mortgage rates, CNBC reports in “Homebuyers finally fuel mortgage volume, applications up 10%.” For the first time in weeks, purchase applications by … Continue reading →

Wagner on panel about protecting Like-Kind Exchanges

IARbuzz.com Blog - Wed, 04/13/2016 - 8:16am
Illinois REALTORS® Dan Wagner, treasurer nominee for the association, was on a panel on Tuesday of the Institute of Real Estate Management which explored the necessity of the 1031 Like Kind Exchange. Wagner, who was named Illinois REALTORS® treasurer nominee … Continue reading →

Parking permits available to Chicagoland REALTORS® starting April 18

IARbuzz.com Blog - Mon, 04/11/2016 - 5:07pm
Beginning next Monday, Chicago-area REALTORS® can purchase Professional Service Parking Permits from the city of Chicago so they can park in residential zoned parking areas and show properties, conduct open houses and perform listing presentations from 9 a.m. to 9 … Continue reading →

Illinois REALTORS® get updates on 29 relevant bills in latest State Capitol Report

IARbuzz.com Blog - Mon, 04/11/2016 - 4:34pm
The April 8 issue of the Illinois State Capitol Report provides an update on issues discussed at the April 5 Capitol Conference in Springfield. The updates are provided on 29 bills that could affect Illinois REALTORS® and property owners, including … Continue reading →

Morning Minute: Mortgage rates hit 2016 low

IARbuzz.com Blog - Mon, 04/11/2016 - 9:56am
Consumers buying a home right now can benefit from mortgage interest rates falling to the lowest levels so far this year. A 30-year, fixed-rate mortgage averaged 3.59 percent while a 15-year, fixed-rate averaged 2.88 last week, according to Freddie Mac. … Continue reading →