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Morning Minute: Unexpected dip in mortgage interest rates gives consumers more buying power

IARbuzz.com Blog - Tue, 05/13/2014 - 10:40am
Some economists had forecast that mortgage interest rates would steadily climb in 2014, but so far, that hasn’t happened. In fact, the opposite is true. In recent weeks, interest rates have trended downward, prompting an increased interest in mortgage financing … Continue reading →

Some dates changed for Springfield Habitat build; sign up now to take part

IARbuzz.com Blog - Tue, 05/13/2014 - 7:47am
Already 15 people are planning to help build the second of three Habitat for Humanity homes which are part of IAR’s Power of R effort this summer. Some dates for the Springfield build have been changed by Sangamon County Habitat … Continue reading →

Illinois REALTORS® heading to Washington, D.C., for Capitol Hill meetings

IARbuzz.com Blog - Mon, 05/12/2014 - 11:38am
Many IAR members are getting ready for the REALTOR® Party Convention & Expo in Washington D.C. The trip combines business meetings for the National Association of REALTORS® and a chance for Illinois REALTORS® to meet with lawmakers and their staffs. … Continue reading →

Infographic: Illinois median home prices up in 1Q 2014 #IARMarketStats

IARbuzz.com Blog - Mon, 05/12/2014 - 8:00am
In the first quarter of 2014, the statewide median home price rose 8.7 percent compared to the same period in 2013, while sales declined 7.8 percent over the same period. This new infographic from the Illinois Association of REALTORS®, offers … Continue reading →

In Case You Missed It: Top IARbuzz blog posts from last week

IARbuzz.com Blog - Mon, 05/12/2014 - 7:30am
In case you missed it, here are four of the top IARbuzz blog posts from last week: Welcome Home Illinois program gains traction in state – The state’s newest first-time homebuyer mortgage program is attracting interest with 730 buyers signing … Continue reading →