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Illinois home sales dip in December, but 2016 housing market ends on a high note

IAR News - Mon, 01/23/2017 - 4:36pm
Date:  January 24, 2017 Intro: 

Despite a dip in home sales in December, both sales and median prices finished in positive territory in 2016, closing out a year marked by tight housing inventories and continued strong consumer demand.

FOR RELEASE: Jan. 24, 2017

For Further Information Contact: Stephanie Sievers, 217-529-2600

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Remembering and honoring late veterans among TRAR community projects

IARbuzz.com Blog - Mon, 01/23/2017 - 11:27am
On Dec. 17, 2016, members of Three Rivers Association of REALTORS® (TRAR) participated in National Wreaths Across America Day at Abraham Lincoln National Cemetery in Elwood, Ill. As volunteers placed Remembrance Wreaths on veterans’ graves, they were encouraged to say … Continue reading →

Trump administration’s suspension of FHA insurance rate cut explained

IARbuzz.com Blog - Mon, 01/23/2017 - 11:01am
One of President Trump’s first acts of office was to roll back a planned rate cut for FHA insurance premiums. The original policy, promoted by the Obama administration, could have saved homeowners getting homes with financing backed by the government hundreds … Continue reading →

Morning Minute: What HUD’s suspension of FHA premium reduction could mean to homebuyers

IARbuzz.com Blog - Mon, 01/23/2017 - 10:26am
A reduction in Federal Housing Administration (FHA) mortgage insurance premium that had been scheduled to go into effect on Jan. 27 has been suspended by the U.S. Department of Housing and Urban Development. In a statement, National Association of REALTORS® … Continue reading →

One week left to register for Pre-Licnese Managing Broker webinar

IARbuzz.com Blog - Mon, 01/23/2017 - 10:25am
Have you ever thought about becoming a Managing Broker? You have one week left to register for the required Managing Broker Pre-License Applied Management & Supervision course. The 15-hour webinar on January 31 & February 1 is a rare opportunity to … Continue reading →

Broker Management webinars provide CE for 2017 license renewal from home

IARbuzz.com Blog - Mon, 01/23/2017 - 9:57am
Without leaving home, Managing Brokers can earn CE for the 2017 license renewal! Illinois REALTORS® Licensing & Training Center offers the 12-hour Broker Management CE course in two-day webinars to be held in February, March and April. The next webinar … Continue reading →

Hewings, Smoke to present at Business Issues and License Law Forum

IARbuzz.com Blog - Fri, 01/20/2017 - 11:46am
One economist well-known for his analysis of Illinois housing and another with a flair for making complex issues more understandable will highlight the Business Issues and License Law Forum next Wednesday at the Illinois REALTORS®’ Public Policy Meetings in East … Continue reading →

Housing Opportunity Working Group to feature global fair housing advocate

IARbuzz.com Blog - Thu, 01/19/2017 - 2:00pm
Next Tuesday afternoon at the Public Policy Meetings in East Peoria, Judith Hermanson will be the featured speaker during the Housing Opportunity Working Group session. Hermanson, the president and CEO of the nonprofit organization, IHC Global, advocates for equitable international … Continue reading →

Can you guess the top 10 categories of 2016 Legal Hotline questions?

IARbuzz.com Blog - Thu, 01/19/2017 - 12:37pm
Of the 2,504 questions submitted to the Illinois REALTORS® Legal Hotline in 2016 by members, three of the top 10 categories were related to license law in 2016. “License law – scope,” or the “Do I need a license for … Continue reading →

Morning Minute: Mortgage rates fall for third week

IARbuzz.com Blog - Thu, 01/19/2017 - 9:55am
Reversing a previous trend, fixed mortgage rates headed lower for the third consecutive week, Freddie Mac reports today. The 30-year, fixed-rate mortgage averaged 4.09 percent this week, down from 4.12 percent a week ago. The 15-year, fixed-rate mortgage was also … Continue reading →

NAR’s Facemire to share proven ideas during RPAC Strategic Planning meeting

IARbuzz.com Blog - Wed, 01/18/2017 - 2:00pm
REALTORS® who attend the afternoon RPAC Strategic Planning Session during the Public Policy Meetings in East Peoria next Tuesday will hear about successful fundraising ideas used by fellow REALTORS® across the country. That’s just one of the topics on the … Continue reading →

Marketing tips from Inman Connect in NYC

IARbuzz.com Blog - Wed, 01/18/2017 - 9:43am
Members of Illinois REALTORS® leadership are in New York City this week taking part in Inman Connect, a massive real estate gathering held each year in January. Illinois REALTORS® Immediate Past President Mike Drews sat in on the sessions, and … Continue reading →

Lawmakers Unes and Weaver to appear at Public Policy Meetings

IARbuzz.com Blog - Wed, 01/18/2017 - 9:08am
State Rep. Mike Unes and State Sen. Chuck Weaver will appear at the Illinois REALTORS® Public Policy Meetings next week in East Peoria. Unes will greet REALTORS® at the beginning of the REALTORS® Political Involvement Committee session on Tuesday morning. … Continue reading →

Morning Minute: NAR calls for quick confirmation of Carson as HUD Secretary

IARbuzz.com Blog - Tue, 01/17/2017 - 10:00am
In a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, National Association of REALTORS® (NAR) President William E. Brown outlined the association’s support for Dr. Ben Carson’s nomination to lead the U.S. Department of Housing and … Continue reading →

Illinois REALTORS® offices closed Monday for MLK Jr Day

IARbuzz.com Blog - Fri, 01/13/2017 - 4:06pm
The Illinois REALTORS®’ offices in Springfield will be closed Monday, Jan. 16, in observance of Martin Luther King, Jr. Day. Illinois REALTORS® offices will reopen Tuesday, Jan. 17. King was born on Jan. 15, 1929 in Atlanta, Ga., and he … Continue reading →

Success strategies for REALTORS® on Facebook LIVE

IARbuzz.com Blog - Fri, 01/13/2017 - 3:54pm
Keynote, a video-based education community that supports Illinois REALTORS®, is inviting Illinois REALTORS® members to tune into a Facebook LIVE event on Monday, January 16 from 1:00-2:00 p.m., CST.  Get Underwhelmed! Step-by-Step Strategies for a Successful Day is a free … Continue reading →

State Capitol Report covers first days of 100th General Assembly

IARbuzz.com Blog - Fri, 01/13/2017 - 3:26pm
Illinois REALTORS® can login and read this week’s State Capitol Report for a quick recap of the final days of Illinois’ 99th General Assembly and the opening days of the 100th General Assembly, including the return of four incumbent REALTORS® … Continue reading →

RPAC fundraising kicks off at Professional Standards Workshops

IARbuzz.com Blog - Fri, 01/13/2017 - 1:46pm
RPAC raffles at the Illinois REALTORS® Professional Standards Workshops raised nearly $11,000. Last year, our REALTOR® PAC helped elect pro-REALTOR®, pro-business candidates to public office, stopped efforts to expand sales tax to professional services and advertising as well as efforts … Continue reading →

Amendment to the Illinois Lead Poisoning Prevention Act

IARbuzz.com Blog - Fri, 01/13/2017 - 11:03am
You may have heard or read something recently about changes to the Illinois Lead Poisoning Prevention Act, and wondered what this is all about. But first, let’s discuss what it is not about. This amendment to existing Illinois statute, does … Continue reading →

Capital Area REALTORS® chooses Edwards Place as bicentennial charity

IARbuzz.com Blog - Thu, 01/12/2017 - 2:30pm
The Capital Area REALTORS® became the first local association to announce a charity for the state’s bicentennial when it announced the Springfield Art Association’s Edwards Place as its 2017 Charity of Choice. During the holiday season, Capital Area REALTORS® raised … Continue reading →