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Get Core A continuing education and cooperative resolution tips at IAR Spring Conference

IARbuzz.com Blog - Thu, 03/19/2015 - 3:34pm
Nationally known speaker and instructor Lynn Madison will provide Core A CE training during one afternoon session and will co-host the Professional Standards Breakfast with Chris Read during the 2015 IAR Spring Conference May 6 & 7 in Collinsville. Register … Continue reading →

Repealing like-kind exchange rules could negatively impact real estate

IARbuzz.com Blog - Thu, 03/19/2015 - 3:14pm
As Congress considers tax reforms, it is important that Congress not repeal Section 1031 Like-Kind exchanges that allow real estate investors to defer capital gains tax and income tax when they exchange one business or investment property and replace it … Continue reading →

Two Central Illinois associations will merge on April 1

IARbuzz.com Blog - Thu, 03/19/2015 - 11:37am
The Capital Area REALTORS® (CAR) announced a merger today with the West Central Illinois Association of REALTORS® (WCIAR) as well as both organizations’ Multiple Listing Service (MLS). The combined organization, operating under the name Capital Area REALTORS®, will have 600 … Continue reading →

REALTOR® efforts ensure affordable housing ordinance reflects developers’ needs

IARbuzz.com Blog - Wed, 03/18/2015 - 4:17pm
  The City of Chicago passed revisions to the Affordable Requirements Ordinance after over a year and half of intense, often contentious debate on the future of development of residential units. The ordinance was created 11 years ago and updated … Continue reading →

Postcards mailed in REALTOR® battle against new Midlothian tax

IARbuzz.com Blog - Wed, 03/18/2015 - 3:15pm
The Illinois Association of REALTORS® and the Mainstreet Organization of REALTORS® mailed postcards to Midlothian residents this week, educating voters about why they need to reject this potential new tax. According to IAR Governmental Affairs Director Tom Joseph, the postcard … Continue reading →

Bill to modify ‘Notice by Publication Act’ defeated in committee

IARbuzz.com Blog - Wed, 03/18/2015 - 2:00pm
The Illinois Association of REALTORS® spoke in opposition to House Bill 261 before the House Counties and Townships Committee rejected it. The bill sought to amend the Notice by Publication Act to allow all governmental units to publish any required … Continue reading →

Morning Minute: Rental costs outpacing income growth in many U.S. cities

IARbuzz.com Blog - Wed, 03/18/2015 - 11:56am
Rental costs are rising at a faster pace than household income growth in many U.S. cities and that is making it harder for renters to save money for a down payment and become homeowners, according to a new study by … Continue reading →

IAR Letter to House members tells why sewer inspection bill a bad idea

IARbuzz.com Blog - Wed, 03/18/2015 - 9:22am
IAR continues to press to kill a controversial bill which would require homeowners to pay for a costly sewer inspection before a property sale. The association sent a letter to all members of the Illinois House this week telling them … Continue reading →