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Get out the Vote! Register to vote by the Oct. 7 deadline

IARbuzz.com Blog - Wed, 09/24/2014 - 2:23pm
Make sure the Illinois REALTOR® voice is heard loud and clear at the election polls on Nov. 4. If you haven’t yet, register to vote before the Oct. 7 deadline. Other dates to know? Early voting for the Illinois 2014 … Continue reading →

Infographic provides housing forecast info four ways

IARbuzz.com Blog - Tue, 09/23/2014 - 11:00am
Check out the latest Illinois Housing Market Forecast infographic, which includes four charts and brief comments from Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory (REAL), University of Illinois. It’s the type of information we can share with … Continue reading →

Help Evanston member win talent contest at NAR Conference

IARbuzz.com Blog - Tue, 09/23/2014 - 8:42am
Illinois REALTORS® who attend the upcoming National Association of REALTORS® Conference & Expo in New Orleans can cheer – and vote – for one of their own if they attend the talent contest at 7:30 p.m. on Sunday, Nov. 9. … Continue reading →

Video: August 2014 IAR Housing Report #IARMarketStats

IARbuzz.com Blog - Mon, 09/22/2014 - 8:30am
The Illinois Association of REALTORS® releases a look at how the housing market is doing each month. This month, Dr. Geoffrey Hewings, director of the Regional Economic Applications Laboratory at the University of Illinois shares his thoughts on the numbers.

Illinois median home prices increase 6.1 percent in August; Home sales down amid tight inventory

IAR News - Fri, 09/19/2014 - 4:56pm
Date:  September 19, 2014 Intro: 

Illinois median home prices continued to see robust annual gains in August while tighter housing inventory and credit availability slowed sales in the final month of the summer selling season.

FOR RELEASE: September 22, 2014

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

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How well do you know your Millennial clients?

IARbuzz.com Blog - Fri, 09/19/2014 - 1:12pm
According to a report released by the Demand Institute – a non-profit think tank formed by the Conference Board and Nielsen – some myths about Millennials might be busted within the next five years and their spending habits may turn … Continue reading →

10 ways to know if you need a real estate license to manage property in Illinois

IARbuzz.com Blog - Fri, 09/19/2014 - 9:56am
IAR gets thousands of calls a year for legal guidance. One hot topic off the association’s Legal Hotline was property management, which, when you do it for another person and for compensation, requires a properly sponsored real estate license. The … Continue reading →

Be one of the first to get the REALTOR® Credit Card

IARbuzz.com Blog - Thu, 09/18/2014 - 3:26pm
Show pride in your profession and enjoy the benefits that you deserve by getting the REALTOR® Credit Card from REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union. REALTOR® cards offer competitive interest rates, a comprehensive rewards program … Continue reading →

HUD Secretary: More must be done to expand homeownership

IARbuzz.com Blog - Wed, 09/17/2014 - 9:00am
Department of Housing and Urban Development (HUD) Secretary Julián Castro said Tuesday that more must be done to boost homeownership in the U.S. and make home financing more accessible. REALTORS® welcomed Castro’s comments and in a statement, National Association of … Continue reading →

IAR efforts delay vote on Deerfield code change mandating fire sprinklers

IARbuzz.com Blog - Wed, 09/17/2014 - 8:56am
Deerfield’s board of trustees was poised to adopt wholesale a set of changes to building codes. That’s when IAR Government Affairs Director Howard Handler stepped in to ask why new homes would be required to have sprinkler systems installed under … Continue reading →

What’s next regarding ‘fracking’ in Illinois?

IARbuzz.com Blog - Tue, 09/16/2014 - 9:27am
Although horizontal hydraulic fracturing (fracking) is not yet allowed in Illinois as a means of obtaining natural gas and oil from thousands of feet underground, a permit process could be approved as early as today and as late as Nov. … Continue reading →

In Case You Missed It: Top IARbuzz blog posts for the week

IARbuzz.com Blog - Mon, 09/15/2014 - 6:00am
In case you missed it, here are five of the top IARbuzz blog posts from the past week: What typical disclosure forms are required for sales and lease transactions? – Don’t leave anything out when you are preparing an owner … Continue reading →

What typical property disclosure forms are required for sales and lease transactions?

IARbuzz.com Blog - Fri, 09/12/2014 - 11:58am
Don’t leave anything out when you are preparing an owner to sell a property. There are several forms required under various statutes. Here’s a rundown on the basic forms you need to be aware of. One is the property disclosure … Continue reading →

Morning Minute: Consumer confidence climbs in August

IARbuzz.com Blog - Fri, 09/12/2014 - 10:12am
Consumers are feeling a renewed sense of optimism about the economy, according to the latest consumer confidence index. Economists for the National Association of REALTORS® take a closer look at what the trend means for the housing market in the … Continue reading →

Like Dozier, REALTORS® choose to make a difference

IARbuzz.com Blog - Thu, 09/11/2014 - 3:15pm
At IAR’s Fall Conference & Expo, keynote speaker and Fenger Academy High School Principal Elizabeth Dozier talked about making a difference in communities. Which led to IAR posing a question to those in attendance through its smartphone app: What do … Continue reading →

Campbell named CRS of Year in Illinois

IARbuzz.com Blog - Thu, 09/11/2014 - 10:27am
REALTOR® Deb Campbell of Columbia, Ill., was named 2014 Certified Residential Specialist of the Year by the Illinois Chapter of the Council of Residential Specialists. Campbell, of Concept Real Estate, Inc., in Columbia, and Berkshire Hathaway HomeServices Select Properties in … Continue reading →

Morning Minute: Mortgage rates see slight gain but remain historically low for borrowers

IARbuzz.com Blog - Thu, 09/11/2014 - 8:53am
Freddie Mac reports that fixed mortgage rates saw some slight upward movement this week, but remained generally low averaging 4.12 percent for a 30-year, fixed and 3.26 percent for a 15-year fixed rate mortgage. Read more. “Mortgage rates were up … Continue reading →

Finding it all from the IAR Fall Conference & Expo

IARbuzz.com Blog - Wed, 09/10/2014 - 9:35am
The Illinois Association of REALTORS® (IAR) has pulled together the photos, session highlights, presentations, handouts and more from last week’s “Game On: Our Time is Now” IAR Fall Conference & Expo in Chicago. Click here to find complete coverage. It … Continue reading →

Seven facts REALTORS® should know about Illinois’ medical marijuana law

IARbuzz.com Blog - Wed, 09/10/2014 - 9:16am
Do you know how the state’s pilot medical marijuana law will affect you and other members of your community? You can get plenty of useful information from a September article in the D.R. Legal News, written by Lisa Harms Hartzler … Continue reading →

Morning Minute: Cash sales of homes slow in June

IARbuzz.com Blog - Wed, 09/10/2014 - 8:59am
The number of buyers purchasing a home with cash in June fell to the lowest level since September 2008, according to the latest report from CoreLogic. Cash sales accounted for 33 percent of all U.S. homes sold in June, far … Continue reading →