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Updated: 5 hours 24 min ago

Infographic: Mortgage Interest Deductions By State

Fri, 05/10/2013 - 10:06am
Share this KCM Blog infographic highlighting how many taxpayers in different states are claiming the mortgage interest deduction, an important tax benefit that facilitates homeownership. Illinois taxpayers claim the deduction at a higher rate than the U.S. average of 25.5 percent, … Continue reading →

Video: Highlights from 2013 IAR Spring Conference & Expo

Thu, 05/09/2013 - 1:00pm
The Illinois Association of REALTORS® held its annual Spring Conference and Expo, May 8-9, at the Gateway Center in Collinsville, Ill. The event featured a chance for REALTORS® to earn CE credit and network. Watch video highlights of the event.

Morning Minute: Jobless claims drop, mortgage rates rise

Thu, 05/09/2013 - 10:15am
The Labor Department reports that jobless claims fell by 4,000 filings for the week ending May 4, marking the third straight week of declines in initial claims, HousingWire reports in today’s article, “Jobless claims fall again.” And more positive jobs … Continue reading →

Doug Devitre: Making the most of your day with technology

Thu, 05/09/2013 - 10:06am
Noted real estate trainer Doug Devitre told Illinois REALTORS® how to get more out of their day by using the latest technology. Devitre was speaking at the Illinois Association of REALTORS® Spring Conference and Expo held in Collinsville, Ill., May … Continue reading →

IAR Spring Conference and Expo opens day 2 with Legal Update

Thu, 05/09/2013 - 9:16am
Steve Bochenek, IAR’s chief legal counsel, and Jill Johnson, real estate coordinator with the Illinois Department of Financial and Professional Regulation kicked off day two of the Spring Conference and Expo in Collinsville, May 9, 2013. The two talked about … Continue reading →

Morning Minute: Majority of consumers and REALTORS® expect home prices to rise

Wed, 05/08/2013 - 11:08am
Ask consumers and REALTORS® where they think home prices will be heading in the next 12 months and the majority of both agree on the same answer — up. Two recent surveys — the Fannie Mae April 2013 National Housing … Continue reading →

IAR Spring Conference and Expo opens in Collinsville

Wed, 05/08/2013 - 10:36am
Motivational speaker Dr. Tom Hill opened the annual Spring Conference this morning, Wednesday, May 8, at the Gateway Center in Collinsville. The conference is put on by the Illinois Association of REALTORS®. The session is part of a slate of … Continue reading →

Morning Minute: March home prices see biggest year-over-year gain since 2006, CoreLogic says

Tue, 05/07/2013 - 10:48am
There was some good news in the March Home Price Index released by CoreLogic today — U.S. home prices rose 10.5 percent in March compared to a year ago, the biggest year-over-year gain since March 2006. It also marked the 13th … Continue reading →

Rental housing freedom is being threatened; REALTORS® take action!

Mon, 05/06/2013 - 3:49pm
Say no to more red tape! This week, the Cook County Board is expected to consider an amendment to the county’s Human Rights Ordinance that would force landlords to accept Section 8 vouchers. The Illinois Association of REALTORS® and various … Continue reading →

Quad-City REALTORS®, builders oppose mandatory residential sprinklers, want homeowners to have choice

Mon, 05/06/2013 - 10:31am
The debate over mandatory fire sprinklers in new residential construction has come to the Quad-City area and a coalition of housing industry advocates including REALTORS®, homebuilders and the chamber of commerce are in opposition, saying requiring costly sprinkler systems will … Continue reading →

REALTOR® Magazine seeks entries for Good Neighbor Awards – Deadline May 20

Mon, 05/06/2013 - 8:00am
Five $10,000 grants will be awarded! REALTOR® Magazine is seeking nominations for its 14th annual Good Neighbor Awards. The National Association of REALTORS®’ annual program recognizes REALTORS® who’ve made an extraordinary commitment to their communities through volunteer work. Five winners … Continue reading →

Infographic: Reasons why people choose to buy a home

Fri, 05/03/2013 - 10:31am
Share this KCM Blog infographic on the top five reasons, both financial and non-financial, that prompt people to buy their own home.

Thinking of buying? 15-year mortgage rate hits all-time record low

Thu, 05/02/2013 - 10:40am
Now could be your best time to buy a home or refinance the one you have as mortgage rates continuing to push lower, Freddie Mac reported today. The 30-year, fixed-rate mortgage averaged 3.35 percent this week while the 15-year, fixed … Continue reading →

Redfin: Chicago makes top 10 list of mom-friendly cities

Wed, 05/01/2013 - 10:54am
Chicago ranks No. 8 when it comes to some of the most mom-friendly cities in the U.S., according to a survey from the online real estate brokerage Redfin. To create the mom-friendly ranking, Redfin compared 25 metro areas and looked … Continue reading →

Morning Minute: Thinking of remodeling? Some projects have bigger payback returns

Mon, 04/29/2013 - 10:34am
If you want to get more out of your remodeling dollars, think curb appeal. Spending money on lower-cost projects that boost your home’s exterior appearance and, in turn curb appeal, can mean more money in your pocket at resale time, … Continue reading →

Cartwright: Global is the new local

Fri, 04/26/2013 - 4:45pm
REALTORS® seeking to do business in the future need to embrace relationships with people of different cultures. “The model has changed,” said Julius L. Cartwright, president and CEO of the National Association of Real Estate Brokers. “Global is the new … Continue reading →

IAR holds fourth Multicultural Summit in Oak Brook

Fri, 04/26/2013 - 1:40pm
More than 100 REALTORS® gathered in Oak Brook, Ill., to hear about strategies for doing business with clients from South Africa and the Caribbean. Jim Kinney, treasurer of the Illinois Association of REALTORS®, opened the session, which was April 26, … Continue reading →

Illinois REALTORS® can learn more about short sales at May 16 workshop and webinar

Fri, 04/26/2013 - 12:21pm
If you are looking for ways to improve the short sale process for yourself and your clients, then you will want to attend a U.S. Treasury workshop and webinar, “All About Short Sales,” from 9 a.m. to 11 a.m., May … Continue reading →

Morning Minute: Mortgage rates continue to hover at or near record lows, Freddie Mac reports

Thu, 04/25/2013 - 10:22am
Good news for homebuyers and owners seeking to refinance, fixed mortgage rates moved lower for the fourth consecutive week and continued to support the ongoing housing recovery, Freddie Mac reported Thursday. The 30-year fixed-rate mortgage averaged 3.40 percent, down slightly from … Continue reading →

Register today for IAR Spring Conference & Expo!

Wed, 04/24/2013 - 11:55am
Register by midnight tonight, April 24, and pay just $119 (includes six hours CE) for the IAR Spring Conference & Expo, May 8-9 in Collinsville.