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What do Illinois senior citizens worry about more than healthcare costs or retirement saving?

IARbuzz.com Blog - Sun, 08/14/2016 - 4:45pm
According to a survey of 600 Illinois senior citizens aged 55 and older, rising property taxes worried them more than saving for retirement or paying for healthcare. At least that’s one finding in a survey commissioned by Illinois REALTORS®. “Often … Continue reading →

Consider CCIM’s Development Specialty Track for commercial real estate development

IARbuzz.com Blog - Fri, 08/12/2016 - 11:25am
Illinois REALTORS® who want a better understanding of the resources and business practices required of successful commercial real estate developers, investors and consultants should consider pursuing the Development Specialty Track through CCIM. To achieve this distinction, students must complete all … Continue reading →

Morning Minute: Fannie Mae survey finds more Millennials moving to homeownership

IARbuzz.com Blog - Fri, 08/12/2016 - 10:30am
Millennials, who as a generation have waited later to buy homes, are looking to homeownership as they have gotten older, according to a new Fannie Mae survey, HousingWire reports in the article, “Fannie Mae: Millennials finally starting to buy homes.” Fannie … Continue reading →

Rep. Roskam invites area REALTORS® to Aug. 22 meeting in West Chicago

IARbuzz.com Blog - Thu, 08/11/2016 - 3:53pm
U.S. Rep. Peter Roskam will host a roundtable discussion about issues in the local real estate market, starting at 10:30 a.m.  Aug. 22 in his office at 2700 International Drive in West Chicago. The discussion will be held in the … Continue reading →

Real Property Alliance, Chicago REALTORS® launch education initiative on Chicago property taxes

IARbuzz.com Blog - Thu, 08/11/2016 - 12:45pm
If you own property in Chicago, then you already know property tax bills increased substantially this year. Real Property Alliance, Illinois REALTORS® consumer outreach arm, is working to help those impacted by these higher tax bills. RPA is partnering with the … Continue reading →

Morning Minute: The impact of highly-ranked school districts on home prices

IARbuzz.com Blog - Thu, 08/11/2016 - 11:59am
Living in a sought-after school district brings benefits when it comes time to sell your home, according to realtor.com’s article, “It Pays to Own in an A-Plus School District—Here’s How Much.” Not only are buyers willing to pay more, but … Continue reading →

Property taxes, cost of living top senior concerns in Illinois

IARbuzz.com Blog - Thu, 08/11/2016 - 10:00am
Senior citizens like living in Illinois, but many say they are worried about property taxes and housing affordability, a survey commissioned by Illinois REALTORS® shows. The poll of 600 seniors aged 55 and older showed that two-thirds (66 percent) were … Continue reading →

Apply today for Vote by Mail Ballot for Nov. 8 general election

IARbuzz.com Blog - Wed, 08/10/2016 - 1:42pm
Today is the first day any registered Illinois voter living in the United States can apply for a Vote by Mail Ballot for the Nov. 8 general election, according to the Illinois State Board of Elections (ISBE). Requests can be … Continue reading →

Morning Minute: Lake County Housing Authority offers free Section 8 class

IARbuzz.com Blog - Wed, 08/10/2016 - 11:04am
REALTORS® and clients who are involved in residential rentals can learn the basics of accepting Housing Choice Voucher applicants by attending a free class offered later this month by the Lake County Housing Authority. “The Nuts and Bolts of the … Continue reading →

Morning Minute: New home construction picking up in the Chicago area

IARbuzz.com Blog - Tue, 08/09/2016 - 11:29am
Chicago area home construction is up 5.6 percent annually through the second quarter of this year, according to a recent study by the housing research company Metrostudy, the Chicago Tribune reports today in the article, “Chicago-area housing construction at a … Continue reading →

Joliet REALTORS® celebrate Homes for Heroes ribbon cutting celebration

IARbuzz.com Blog - Tue, 08/09/2016 - 9:50am
Joliet REALTORS®, Joliet Chamber of Commerce members and local dignitaries celebrated the ribbon cutting of the Homes for Heroes program coming to the City of Joliet Monday. Homes for Heroes offers savings to local community heroes when buying or selling … Continue reading →

Morning Minute: Fannie Mae’s Home Purchase Sentiment Hits Survey High in July

IARbuzz.com Blog - Mon, 08/08/2016 - 10:42am
More consumers are feeling positive about the housing market, home prices and mortgage rates this summer, according to Fannie Mae’s latest Home Purchase Sentiment Index, which rose to an index reading of 86.5 in July, a new high for the … Continue reading →

Illinois REALTORS® looking for volunteers for ombudsman program

IARbuzz.com Blog - Mon, 08/08/2016 - 9:34am
Illinois REALTORS® for several years have operated an ombudsman program which acts as a first call for assistance when questions or disputes arise from real estate transactions. The service is only available for those working with a REALTOR® in a transaction. … Continue reading →

Trautman finds multiple ways to help Champaign area

IARbuzz.com Blog - Mon, 08/08/2016 - 8:00am
For Champaign-area REALTOR® P.J. Trautman, showing teenagers the value of volunteering for local charities was one of the best volunteer experiences of the past year. “I really enjoyed engaging with the Summer Youth Employment Program (SYEP) youth during their civic … Continue reading →

Champaign County REALTORS® present backpacks to local Boys and Girls Club

IARbuzz.com Blog - Fri, 08/05/2016 - 3:51pm
The Champaign County Association of REALTORS® presented 200 backpacks filled with school supplies to the Don Moyer Boys and Girls Club of Champaign last week. “We were very pleased to donate 200 backpacks filled with school supplies to assist students … Continue reading →

Morning Minute: U.S. employment and economic picture gets a boost in July

IARbuzz.com Blog - Fri, 08/05/2016 - 10:41am
The U.S. economy added 255,000 new jobs and wages improved in July, sending promising signals of summer economic growth, according to media reports today. A look at some of the headlines: “Strong Job Gains, for Second Month, Reframe Economic Outlook,” … Continue reading →

REALTORS® and Congressman Bill Foster discuss FHA appraisals and the housing market

IARbuzz.com Blog - Thu, 08/04/2016 - 4:14pm
Illinois REALTORS® hosted a Federal Housing Administration (FHA) town hall meeting in partnership with Congressman Bill Foster on Thursday in Romeoville. REALTOR® Jeff Gregory, managing broker-owner of Realty Executives Success and the Federal Political Coordinator for Congressman Foster served as moderator … Continue reading →

Hancock tells story of surprise, gratitude and teamwork

IARbuzz.com Blog - Thu, 08/04/2016 - 2:05pm
Just moments after hearing that she’d been selected as the recipient of the 2016 Rhino Award, Dallas Hancock says, “Honestly, you could have knocked me over with a feather. After I caught my breath, I felt extremely proud because the … Continue reading →

Morning Minute: Mortgage interest rates head lower this week

IARbuzz.com Blog - Thu, 08/04/2016 - 10:08am
After a few weeks of gains, fixed mortgage rates reversed course this week and decreased to near 2016 lows, Freddie Mac reports this morning. The 30-year, fixed-rate mortgage averaged 3.43 percent, down from last week’s 3.48 percent. The 15-year, fixed-rate … Continue reading →

Crosby serving first term on Winnebago County Board

IARbuzz.com Blog - Wed, 08/03/2016 - 12:14pm
Rockford REALTOR® Jean Crosby found a new way to help her community earlier this year when she won election to District 16 of the Winnebago County Board by less than 50 votes. She credits the victory to the support given … Continue reading →