Feed aggregator

Policy meetings kick off in East Peoria

IARbuzz.com Blog - Tue, 01/21/2014 - 3:56pm
It may be 9 degrees outside, but the January Pubic Policy Meetings in East Peoria are on. REALTORS® began meeting this morning as part of the Illinois Association of REALTORS® annual gathering which charts policy decisions for the new year. … Continue reading →

Getting ready for 2014: Are you involved?

IARbuzz.com Blog - Mon, 01/20/2014 - 11:46am
More than 200 of the Illinois Association of REALTORS® most involved members in Governmental Affairs, advocacy and RPAC fundraising gather in East Peoria this week starting today, Martin Luther King Jr. Day 2014. “Resolve to be Involved” is a theme that … Continue reading →

Let’s Talk Real Estate with U.S. Rep. Robin Kelly

IARbuzz.com Blog - Mon, 01/20/2014 - 11:00am
Illinois REALTORS®, don’t miss your chance to meet with U.S. Rep. Robin Kelly, 2nd District, on Monday, Jan. 27, and talk about the legislative and industry issues important to you and your real estate market. The conversation is part of … Continue reading →

REALTOR® campaign encourages consumers to make a move now

IARbuzz.com Blog - Mon, 01/20/2014 - 9:00am
If you’ve been thinking about buying or selling a home, a new national advertising campaign from the National Association of REALTORS® urges you to stop waiting, get off the sidelines and “Make Your Move.”

Housing starts dip in December but end 2013 strong overall

IARbuzz.com Blog - Fri, 01/17/2014 - 11:35am
New home construction dropped 9.8 percent in December compared to a surge of housing starts in November, but still ended 2013 with one of the strongest years since 2007, according to Commerce Department data, USA Today reports. The month-to-month drop … Continue reading →

Chicago area foreclosure activity falls to 2008 levels

IARbuzz.com Blog - Thu, 01/16/2014 - 1:07pm
There’s some good news on the Illinois foreclosure front as foreclosure activity in the Chicago area fell last year to levels not seen in years, the Chicago Tribune reports today in the article, “New foreclosure filings show big decline.” Last … Continue reading →

Infographic: Mortgage interest rates still historically low and affordable

IARbuzz.com Blog - Thu, 01/16/2014 - 11:47am
Freddie Mac reported today that fixed mortgage rates fell this week on weaker economic news. The 30-year, fixed rate mortgage averaged 4.41 percent compared to 4.51 last week and the 15-year, fixed rate was down to 3.45 percent. Mortgage interest … Continue reading →

Check out MRED’s newest resource: RPR

IARbuzz.com Blog - Wed, 01/15/2014 - 4:07pm
Many Illinois REALTORS® have a wealth of additional market data in their hands now that Realtors Property Resource® has gone live with Midwest Real Estate Data (MRED), the Chicagoland multiple listing service (MLS) that serves nearly 40,000 brokers and appraisers … Continue reading →

Congratulations 2013 Illinois GRI Graduates

IARbuzz.com Blog - Tue, 01/14/2014 - 11:31am
Kudos to the 55 Illinois REALTORS® who earned their Graduate REALTOR® Institute (GRI) designation at the Illinois GRI program in December.The GRI is a professional education program which is second to none in the real estate industry. Click here to … Continue reading →

Morning Minute: Five housing trends to watch this year

IARbuzz.com Blog - Tue, 01/14/2014 - 10:40am
What’s in store for housing in 2014? A Wall Street Journal blog post, “5 Things to Watch in Housing in 2014,” identifies what it says are five wild cards that could impact the housing market including inventory levels, new home … Continue reading →

Skokie passes comprehensive rental regulations after near two-year struggle

IARbuzz.com Blog - Mon, 01/13/2014 - 4:16pm
The village of Skokie, nearly two years after it was first proposed, adopted a comprehensive rental regulation and crime-free ordinance on Jan. 6. The Illinois Association of REALTORS® (IAR) and the members of the North Shore-Barrington Association of REALTORS® (NSBAR) … Continue reading →

Morning Minute: Poll finds Americans expect home prices to continue to rise

IARbuzz.com Blog - Mon, 01/13/2014 - 12:47pm
Americans remain confident that home prices will continue to move up in 2014 despite talk of higher interest rates and Federal Reserve changes to the stimulus program, according to a Federal Reserve survey, the Washington Post’s Wonk Blog reports. In … Continue reading →

Read how the FHFA’s loan policy is unfair to Chicago home buyers

IARbuzz.com Blog - Sun, 01/12/2014 - 10:42am
Buy a home in some markets and you can get more money via a federally backed mortgage. But if you live in Chicago, you may have to settle for less in the way of a federally-backed mortgage due to a … Continue reading →

IAR’s Phil Chiles talks 2014 outlook and new agents entering the industry

IARbuzz.com Blog - Fri, 01/10/2014 - 5:16pm
IAR President Phil Chiles was among the real estate agents and industry experts interviewed in the latest Real Estate Broker’s Insider about their 2014 expectations for the real estate market and industry. Overall they are expecting market growth to continue, … Continue reading →

Public Policy Media Advisory

IAR News - Fri, 01/10/2014 - 4:18pm
Date:  January 10, 2014


Jon K. Broadbooks
Day of event: 217-836-1958
Advance: 217-391-4808



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Noland discusses employer-assisted housing with Elgin area REALTORS®

IARbuzz.com Blog - Fri, 01/10/2014 - 1:55pm
State Senator Michael Noland, D-Elgin, met with REALTORS® Friday in Elgin to highlight the importance of the Employer-Assisted Housing program and provide an update on the state of Illinois. The Employer-Assisted Housing program in Elgin was coordinated and marketed in … Continue reading →

REALTORS® providing housing aid for November tornado victims

IAR News - Fri, 01/10/2014 - 10:16am
Date:  January 10, 2014 Intro: 

Illinois REALTORS® and their national colleagues are poised to provide housing assistance to those in areas affected by the November tornadoes.

FOR RELEASE: January 13, 2014

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


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Illinois REALTOR®: Tips for Marketing Your Commercial Business

IARbuzz.com Blog - Thu, 01/09/2014 - 1:44pm
Getting your real estate firm’s message and brand out to the public — and potential clients —  is critical for your long-term success. In the January issue of Illinois REALTOR® magazine, marketing experts share their tips for using public relations, … Continue reading →

Morning Minute: Can your social media activity affect your ability to get credit?

IARbuzz.com Blog - Thu, 01/09/2014 - 11:24am
Could your status update on Facebook impact your ability to get a loan later? An article in the Wall Street Journal, “Borrowers Hit Social-Media Hurdles,” looks at a trend that could have consumers rethinking their online activity. According to the … Continue reading →

Morning Minute: Mortgage credit availability eases slightly

IARbuzz.com Blog - Wed, 01/08/2014 - 1:15pm
The Mortgage Credit Availability Index had a small but positive increase in December, rising 0.6 percent compared to the month before, HousingWire reports today. The index from the Mortgage Bankers Association tracks lending standards and credit availability. In November the … Continue reading →