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Updated: 18 min 25 sec ago

Morning Minute: See the difference your interest rate makes when buying a home

Fri, 05/15/2015 - 11:18am
The Keeping Current Matters (KCM) blog has pulled together an interesting infographic that breaks down how the mortgage interest rate you lock in when you buy a home can have such a big impact on how much home you can … Continue reading →

Second day of meetings on Capitol Hill for IAR members

Thu, 05/14/2015 - 3:01pm
IAR members met with a broad spectrum of Illinois congressional representatives on Thursday, wrapping up two days of visits to lawmakers on Capitol Hill. REALTORS® talked about issues ranging from Marketplace Fairness to the 1031 Exchange. Among meetings were sessions … Continue reading →

Sen. Kirk meets with IAR members in D.C.

Thu, 05/14/2015 - 2:50pm
Illinois Senator Mark Kirk took part in a Let’s Talk Real Estate event on Wednesday, May 13, 2014 in Washington, D.C. Sen. Kirk discussed a wide range of issues with REALTORS®, including Marketplace Fairness, federal loan programs and the 1031 … Continue reading →

Morning Minute: Mortgage lending heads higher in early 2015

Thu, 05/14/2015 - 10:41am
Mortgage originations in the first quarter of 2015 marked a 17 percent year-over-year gain compared to early 2014, according to a recent lending report from RealtyTrac. Originations were down slightly — 6 percent — compared to the fourth quarter of … Continue reading →

REALTORS® take private property rights messages to Capitol Hill

Wed, 05/13/2015 - 2:27pm
Illinois REALTORS® began three days of meetings with policymakers on Wednesday, part of NAR’s annual Midyear Meetings & Expo. REALTORS® met with a number of congressional representatives and/or their staffs. On the agenda Wednesday: Meetings with U.S. Reps. Bill Foster, … Continue reading →

Morning Minute: Obama presidential library coming to Chicago

Wed, 05/13/2015 - 10:36am
It’s official. Chicago’s South Side will be the future home of President Barack Obama’s presidential library, the Barack Obama Foundation announced Tuesday. David Axelrod, a former Obama adviser, told CNN the “library would be a ‘wonderful asset’ to the city … Continue reading →

Six Illinois REALTORS® inducted into RPAC Hall of Fame

Tue, 05/12/2015 - 9:42pm
Six Illinois REALTORS® were honored on Tuesday, May 12, by being inducted into the RPAC Hall of Fame. Those selected for the honor have donated $25,000 to the REALTORS® Political Action Committee. Illinois honorees were: Jim Barbagallo Michael D. Oldenettel … Continue reading →

Controversial bill expanding government lien powers advances out of Illinois Senate

Tue, 05/12/2015 - 4:10pm
The Illinois Senate on Tuesday passed SB 1380, a controversial bill that would allow municipalities to attach liens for nuisance code violations on all of a property owner’s real estate and not just the offending properties. Illinois REALTORS® are strongly … Continue reading →

Illinois REALTORS® helping get NAR’s consumer messages out

Tue, 05/12/2015 - 1:23pm
Several Illinois REALTORS® took part in an effort to tell consumers about real estate issues. REALTORS® Dan Wagner, Nykea Pippion-McGriff, Loretta Alonzo, Mabél Guzmán and Maurice Hampton took part in a series of videos in Washington, D.C., designed to help get … Continue reading →

REALTOR® actions needed to reform communication law

Tue, 05/12/2015 - 12:15pm
Illinois REALTORS® can support needed updates to the state communications law by sending an email to their state legislators and sharing information with friends through Facebook. As mentioned in this blog last week, IAR has joined a coalition named the … Continue reading →

REALTORS® – 3 reasons to read last Friday’s IAR State Capitol Report

Tue, 05/12/2015 - 11:45am
The IAR renewed a Call for Action on Senate Bill 1380, saw its efforts to reform procedures and costs for foreclosed condos stalled, while the House extended its committee deadline for consideration of Senate bills to this Friday, according to … Continue reading →

Three Illinois REALTORS® contributing to NAR Legislative Live blog

Tue, 05/12/2015 - 11:07am
Get insights from three IAR members – Carrie Bey-Little of Glen Ellyn, Matt Difanis of Champaign County and Karen Robertson of Plainfield – who are participating in the REALTORS® Legislative Meetings & Trade Expo this week in Washington, D.C., and contributing … Continue reading →

FPCs meet Tuesday to discuss meetings on Capitol Hill

Tue, 05/12/2015 - 10:46am
IAR’s Federal Political Coordinators met Tuesday, May 12, 2015, at the Washington Hilton to discuss upcoming meetings on Capitol Hill. Each year, REALTORS® attending the Midyear Meetings & Expo devote several days to meeting with most of Illinois’ congressional delegation. … Continue reading →

Morning Minute: Rising rents squeezing more consumers

Tue, 05/12/2015 - 10:16am
The cost of renting has gotten higher in the last five years and depending on which U.S. metropolitan area you live in, some of the increases have been substantial and unsustainable, according to the National Association of REALTORS® (NAR). Rental … Continue reading →

D.R. Legal News discusses 5 legal case studies for IAR managing brokers

Tue, 05/12/2015 - 10:00am
The United States Supreme Court’s ruling that a professional licensing board was not immune from an anti-trust violation was just one of five legal case studies reviewed in the May edition of the D.R. Legal News. Lisa Harms Hartzler, Sorling … Continue reading →

Illinois REALTORS® kick off a week of meetings in D.C.

Tue, 05/12/2015 - 9:49am
Illinois REALTORS® are kicking off a week of meetings in Washington, D.C., which will feature policy discussions, meetings on Capitol Hill with lawmakers and a trade show. The REALTORS® Midyear Meetings & Trade Expo draws some of the industry’s best … Continue reading →

Illinois REALTORS® proactive about promoting professionalism in the industry

Mon, 05/11/2015 - 2:31pm
A recent column from the Chicago Tribune’s Mary Ellen Podmolik, “Finding out more about a real estate agent before you hire,” takes a closer look at several initiatives from the Illinois Association of REALTORS® (IAR) aimed at resolving consumer and … Continue reading →

IAR helps veterans become REALTORS®

Mon, 05/11/2015 - 1:15pm
U.S. military veterans who want real estate careers can get a discount on IAR’s live pre-license classes through the G.I. Bill. In fact, IAR has the only real estate school in Illinois that can provide training through the G.I. Bill. … Continue reading →

In case you missed it; 5 key ideas from last week

Mon, 05/11/2015 - 12:05pm
IAR’s Spring Conference in Collinsville was the opportunity for Illinois REALTORS® to share ideas about increasing production, building relationships, protecting their brand, learning more about legal issues and increasing participation in local elections. If you haven’t read these stories yet, … Continue reading →