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Morning Minute: Mortgage rates climb above 4 percent, but still lower than a year ago

IARbuzz.com Blog - Fri, 11/07/2014 - 9:54am
Fixed mortgage rates inched a little higher this week, climbing just over 4 percent, but rates still remain lower than a  year ago. Freddie Mac economists attributed the increase to stronger economic news. The 30-year, fixed rate mortgage averaged 4.02 … Continue reading →

Fracking may soon begin in Illinois as rules approved

IARbuzz.com Blog - Fri, 11/07/2014 - 9:25am
More than one year after a law was passed to regulate hydraulic fracturing or “fracking” in Illinois, the state legislature’s Joint Committee on Administrative Rules (JCAR) voted Thursday in Chicago to approve rules for permits. See the Chicago Tribune story. … Continue reading →

Gallery: See who was wearing Illinois bling at NAR360

IARbuzz.com Blog - Thu, 11/06/2014 - 4:39pm
Illinois REALTORS® were out in force at the kickoff for the National Association of REALTORS® Convention & Expo in New Orleans. The event provides highlights of NAR programs and initiatives for members attending the conference. Each member of the Illinois … Continue reading →

Illinois median home sales price rose 5.8 percent in 3Q 2014 #IARMarketStats

IARbuzz.com Blog - Thu, 11/06/2014 - 1:13pm
Illinois home prices were higher in the third quarter of 2014 and that trend is expected to continue into the final quarter of this year, according to the latest quarterly forecast from the Regional Economics Applications Laboratory of the University of … Continue reading →

Former IAR President elected to Grundy County Board

IARbuzz.com Blog - Thu, 11/06/2014 - 9:39am
On Tuesday, Mike Onorato was elected to the Grundy County Board with 3,117 votes. The 2010 IAR President was the top vote-getter of six candidates running for three open seats in District Three. Onorato, of Diamond, IL, is the broker-owner … Continue reading →

Infographic: Illinois Housing Market 3Q14 #IARMarketStats

IARbuzz.com Blog - Thu, 11/06/2014 - 8:39am
Here’s a quick snapshot of the Illinois home sales and prices in the third quarter of 2014. Overall, median prices have increased while sales have been slower, but some Illinois counties have seen gains in both. Share this infographic. #IARMarketStats

Illinois REALTORS® pitch in at Habitat build in New Orleans #narannual

IARbuzz.com Blog - Wed, 11/05/2014 - 3:06pm
Illinois REALTORS® are among those helping out at the REALTORS® Volunteer Build this week at the 2014 REALTORS® Conference & Expo in New Orleans. See photos of some of the volunteers who are helping to build single-family homes in an … Continue reading →

Election results feature many pro-REALTOR® candidates and five Home Rule defeats

IARbuzz.com Blog - Wed, 11/05/2014 - 12:02pm
Here’s a recap of the unofficial results of the Illinois General Election, which include statewide constitutional offices, the Illinois General Assembly races, Home Rule issues and “Opportunity Races” supported by IAR RPAC and NAR RPAC. Among the winners are REALTORS® Sam … Continue reading →

Register for Illinois GRI today and save! #ILGRIturns50

IARbuzz.com Blog - Wed, 11/05/2014 - 10:21am
Act now and save! The early bird rate for Illinois Graduate, REALTOR® Institute ends at midnight tonight and seats are filling fast. Register for GRI Course II, GRI Course III or GRI Grad Course (only 25 seats left).

Election tally coming soon in races of interest to Realtors

IARbuzz.com Blog - Wed, 11/05/2014 - 8:54am
What a night. IAR is preparing a tally of how races turned out that were important to the association’s members. The results will be posted soon. Early reviews show success in Opportunity Races and overwhelming success in communities where IAR … Continue reading →

Studebaker named CEO of REALTOR® Association of Fox Valley

IARbuzz.com Blog - Tue, 11/04/2014 - 4:48pm
The REALTOR® Association of Fox Valley named a new chief executive this week, appointing Chris Studebaker to head the association based in Geneva. Studebaker has been director of government and industry relations with the American Massage Therapy Association which is … Continue reading →

Take these five smart legal safeguards before the year ends

IARbuzz.com Blog - Tue, 11/04/2014 - 2:47pm
The way your company finishes one year can lay the foundation for early success next year, says a lawyer in the latest edition of D.R. Legal News. In that spirit, Michael G. Horstman, with Sorling Northrup Attorneys in Springfield reminds … Continue reading →

Get out and vote. No, really. Do it now.

IARbuzz.com Blog - Tue, 11/04/2014 - 9:42am
Polls are open until 7 p.m. in Illinois. Make sure you are wearing one of these by the end of the day.

Take advantage of your last chances to vote

IARbuzz.com Blog - Mon, 11/03/2014 - 12:05pm
Make your voice heard in the Nov. 4 Illinois General Election by either voting today through absentee ballot or visiting your local polling place between 6 a.m. and 7 p.m. tomorrow. To find out more about elections, you can visit … Continue reading →

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

IARbuzz.com Blog - Mon, 11/03/2014 - 6:30am
In case you missed it, here are three of the top IARbuzz blog posts from the past week: These government affairs forums become ‘can’t miss’ events - More than 375 people – including members of Congress and the Illinois General Assembly … Continue reading →

These government affairs forums become ‘can’t miss’ events

IARbuzz.com Blog - Fri, 10/31/2014 - 2:31pm
More than 375 people – including members of Congress and the Illinois General Assembly – attended biennial local REALTOR® association government affairs forums in mid-October. On Oct. 15, the Mainstreet Organization of REALTORS® (MORe) thanked 40 south suburban community officials … Continue reading →

For this undertaking, Bernardoni anything but scary

IARbuzz.com Blog - Thu, 10/30/2014 - 4:46pm
Most IAR members will know Government Affairs Director Brian Bernardoni (Chicago Association of REALTORS®) from the serious work he does with local government officials on real estate issues. But when it comes to Halloween, at his home in the village … Continue reading →

Five days until election Tuesday; check your resources for help

IARbuzz.com Blog - Thu, 10/30/2014 - 2:27pm
If you don’t plan to vote early, then plan to cast your vote in the Illinois General Election on Tuesday at your local polling place. Schedule yourself a time to vote between 6 a.m. and 7 p.m. With 75 percent … Continue reading →

In memoriam: Former Rockford AE Terrie Hall dies

IARbuzz.com Blog - Thu, 10/30/2014 - 1:43pm
Terrie Hall, who led the Rockford Area REALTORS® as association executive for nearly a decade, died Thursday, the association told members in an email today. Hall joined the Rockford association in 1983 where she worked as an IT specialist. She … Continue reading →

Morning Minute: Mortgage interest rates below 4 percent for third week

IARbuzz.com Blog - Thu, 10/30/2014 - 8:42am
Mortgage interest rates rose slightly compared to last week but at 3.98 percent for a 30-year, fixed rate, it still remained below 4 percent for the third week in a row, Freddie Mac reported today. The 15-year, fixed-rate mortgage averaged … Continue reading →