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The Voice of Illinois Real Estate
Updated: 6 hours 28 min ago

Illinois fracking vote postponed until Nov. 6

Thu, 10/16/2014 - 11:36am
On Tuesday, the Illinois legislature’s Joint Committee on Administrative Rules (JCAR) did not vote on proposed regulations for horizontal hydraulic fracturing or “fracking” in Illinois, making the next opportunity for a vote Nov. 6. The Illinois Department of Natural Resources … Continue reading →

Morning Minute: Mortgage rates fall below 4 percent, hit yearly low

Thu, 10/16/2014 - 10:52am
For the first time this year, 30-year fixed mortgage rates fell below 4 percent and hit a new low for 2014, Freddie Mac reports today. The 30-year rate averaged 3.97 percent while the 15-year, fixed rate averaged 3.18 percent. Read … Continue reading →

Morning Minute: Don’t make these credit score mistakes

Wed, 10/15/2014 - 10:41am
Many Americans don’t fully understand which spending and debt activity is tracked to determine their credit score and which isn’t, according to a new TransUnion survey. “Only 29% correctly identified mortgage payments as data that is regularly reported to credit … Continue reading →

Take note of first complaint received through Ethics Citation Program

Tue, 10/14/2014 - 1:22pm
An Illinois REALTOR® faces the possibility of a $250 fine for advertising violations following a panel review of a complaint this week. This is the first complaint submitted through the Ethics Citation Program, which began Sept. 24. The REALTOR® is … Continue reading →

Morning Minute: Tips to make your home more energy efficient this fall

Tue, 10/14/2014 - 10:00am
  HousingWire reports this morning on a new infographic from Shea Homes that offers a variety of ideas — from simple things you can do today to bigger projects to add to your long-term to-do list — that can make … Continue reading →

Morning Minute: Singles and their impact on the housing market

Mon, 10/13/2014 - 10:38am
Trend alert: Half of American adults today are single and living in one-person households and the preferences of this growing demographic could mean changes to future housing needs and trends, reports Daily Real Estate News on a recent article from Builder … Continue reading →

Commercial: Will the business of ‘going green’ follow Chicago’s lead?

Mon, 10/13/2014 - 10:00am
Understanding phrases like “energy-use benchmarking” and the ramifications of a recent ordinance passed in Chicago will make “going green” increasingly important to you and your clients, says one Chicago REALTOR® in the October issue of Illinois REALTOR® magazine. Angela Aeschliman, … Continue reading →

Manar, Jacobs get REALTOR® support in upcoming election

Mon, 10/13/2014 - 6:00am
IAR members – When you head to the polls to vote in the Nov. 4 general election, the Illinois REALTORS® Political Action Committee (RPAC) encourages you to vote for incumbents Sen. Andy Manar (D) and Sen. Mike Jacobs (D).  Deemed … Continue reading →

Morning Minute: Is rising student loan debt impacting housing?

Fri, 10/10/2014 - 10:28am
A new study from John Burns Real Estate Consulting estimates that growing student loan debt is making it harder for younger buyers to afford a home and that will negatively impact the housing market, HousingWire reports in the article, “Student … Continue reading →

Not one, not two, but 11 ideas for rookies to succeed in real estate

Thu, 10/09/2014 - 5:31pm
Listen to the ideas of real estate author Bernice Ross, who is CEO of RealEstateCoach.com, a national speaker and trainer with more than 1,000 published articles and two best-selling real estate books. Whether you’re a newcomer to the profession or … Continue reading →

Illinois GRI Turns 50 #TBT Photo

Thu, 10/09/2014 - 5:20pm
The Illinois GRI Program is celebrating 50 years. In honor of #TBT, we’re sharing a GRI photo from days gone by. Recognize any of these Chicago REALTORS® at GRI in 1992? Here’s a hint on one: 2015 IAR President Jim … Continue reading →

Be first to earn an SRS through Wayne Edwards GRI Grad course

Thu, 10/09/2014 - 4:56pm
Sign up now to take the Wayne Edwards GRI Grad course Dec. 3-4 in Peoria and you can save $30 and be one of the first Illinois REALTORS® to earn the Seller Representative Specialist (SRS) designation. You’ll join an elite … Continue reading →

Quick home maintenance tips to tackle this fall

Thu, 10/09/2014 - 11:38am
It’s fall and as the leaves and temperatures begin to drop, it is a great time to take care of some of the home maintenance tasks that need to be done to prepare your home for the winter. HouseLogic, an … Continue reading →

Could Snoop Dogg or Taylor Swift lyrics keep confidential info safe online?

Wed, 10/08/2014 - 3:24pm
Take advantage of some great tips provided during the “Cyber Security: A Shared Responsibility” webinar.  Kristina V. Dorville of the Department of Homeland Security’s National Cyber Security Division shared best practices for preventing identity theft, improving security for mobile devices … Continue reading →

Morning Minute: Mortgage applications climb 3.8 percent

Wed, 10/08/2014 - 10:59am
Mortgage applications are rising again, climbing 3.8 percent compared to the week before, according to the Mortgage Bankers Association. Applications for refinance applications also rose 5 percent. HousingWire reports on the development in the article, “Mortgage applications reverse trend rising … Continue reading →

IAR members meet to map association’s future in Bloomington-Normal

Wed, 10/08/2014 - 10:51am
Members of the Strategic Planning Committee are meeting in Bloomington-Normal throughout the day on Oct. 8, 2014. On the agenda: Updating the roadmap for the association to follow in the years ahead. The day will feature discussions of compliance with … Continue reading →

Use Data and Perspective to Polish Your Negotiating Skills

Tue, 10/07/2014 - 3:41pm
If you can access the right data to support your position, you’ll have a better chance of satisfying the clients you represent, says Christine Wilczek, a Lemont broker-associate who is among her organization’s national sales leaders. “If you’re truly working … Continue reading →

Three things real estate agents should know before arming themselves

Tue, 10/07/2014 - 3:26pm
The horrible news out of Arkansas where REALTOR® Beverly Carter was killed during a showing has prompted a lot of discussion in the industry about carrying a weapon for protection. After all, REALTORS® often meet people they don’t know, and … Continue reading →

Enter RPAC raffle before Oct. 10 deadline

Tue, 10/07/2014 - 2:31pm
IAR members can meet their financial commitments to the REALTORS® Political Action Committee (RPAC) by making contributions to the RPAC Cash Raffle this week.  The deadline is 11:59 p.m. Friday (Oct. 10). Or, if you have already given, here’s a … Continue reading →

Morning Minute: Consumers feeling more positive about the housing market

Tue, 10/07/2014 - 9:58am
Sixty-eight percent of Americans say now is a good time to buy a home, a four-percentage-point jump compared to August, according to Fannie Mae’s September National Housing Survey. Consumers are also feeling more optimistic about the economy in general, the … Continue reading →