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Crime-free ordinance changes; could hurt landlords, tenants if passed

IARbuzz.com Blog - Thu, 04/30/2015 - 1:37pm
A crime-free ordinance that could penalize landlords and their tenants for police calls is one of several bills IAR lobbyists are monitoring as the state’s General Assembly enters its last few weeks. The bill is sponsored by Sen. Toi Hutchinson, … Continue reading →

Keep calm and renew on

IARbuzz.com Blog - Thu, 04/30/2015 - 10:20am
Managing Broker License Renewal season draws to a close today.  If you have not yet submitted your renewal application, we highly recommend that you do not wait until the last minute, particularly if submitting it online. A high volume of … Continue reading →

Tornado relief efforts still needed in northern Illinois

IARbuzz.com Blog - Thu, 04/30/2015 - 9:45am
Victims of the April 9 tornadoes that struck Illinois can still use the help of Illinois REALTORS® like you. You can make a donation or you can help a victim get assistance by directing them to apply for financial assistance … Continue reading →

Morning Minute: Survey shows what is on the minds of today’s homebuyers

IARbuzz.com Blog - Thu, 04/30/2015 - 9:33am
The top concerns of many potential homebuyers is finding a home that fits within their budget and is located in a quality neighborhood, according to a recent consumer survey from Chase Mortgage Banking. Other findings from the survey: 62 percent … Continue reading →

Only one day left for Managing Brokers to renew, so organize and allow extra time

IARbuzz.com Blog - Wed, 04/29/2015 - 3:50pm
With the 11:59 p.m. April 30 deadline looming for Managing Brokers to renew their licenses, those who haven’t completed the task yet should allow as much time as possible to reduce their own stress and avoid last-minute technical glitches. Once … Continue reading →

REALTORS®: See the reach and power of your IAR

IARbuzz.com Blog - Wed, 04/29/2015 - 11:53am
The support of REALTORS® and the rights of private property owners were never more visually evident than the IAR’s “Power of R®” map that recapped the April Consolidated Elections in Illinois. Counting RPAC-supported candidates, Opportunity Races and Independent Expenditures, IAR supported 58 … Continue reading →

Morning Minute: U.S. pending home sales climb to highest level since June 2013

IARbuzz.com Blog - Wed, 04/29/2015 - 10:22am
Pending home sales moved higher in March, increasing 1.1 percent compared to February and 11.1 percent over March 2014, the National Association of REALTORS® (NAR) reported today. NAR Chief Economist Lawrence Yun said buyer demand is strong in this spring’s … Continue reading →

Two Illinoisans elected to inaugural national portal board of managers

IARbuzz.com Blog - Tue, 04/28/2015 - 4:26pm
REALTOR® Paul Wells of RE/MAX Barrington and Midwest Real Estate Data President and CEO Rebecca Jensen were elected to the first National Portal Board of Managers, according to an announcement by brokerpublicportal.com. Wells was one of three managers selected to … Continue reading →

Don’t miss all the extras – start with the IAR Spring Conference app

IARbuzz.com Blog - Tue, 04/28/2015 - 2:57pm
Be the first to check out all the great features of the IAR Spring Conference & Expo by downloading the free app to your smart phone or tablet today. The app gives: agenda – easy access to your next session … Continue reading →

Hints for Managing Brokers to renew their licenses two days before the deadline

IARbuzz.com Blog - Tue, 04/28/2015 - 11:43am
Before Managing Brokers go to the IDFPR website to renew their licenses, they should gather some important information at their fingertips to make the process go as smoothly as possible. To get started, you’ll need your managing broker license number and … Continue reading →

State Capitol Report notes more potential fund sweeps

IARbuzz.com Blog - Mon, 04/27/2015 - 5:00pm
IAR continues to voice opposition to Senate Bill 274 (Fiscal Year 2015 Emergency Act) as it moves to the House for consideration, reports the IAR State Capitol Report. The bill was sponsored in the Senate by Sen. Dan Kotowski of … Continue reading →

Three days left for Managing Brokers to mail name changes

IARbuzz.com Blog - Mon, 04/27/2015 - 4:41pm
Managing Brokers who are changing their names when they renew their licenses must allow enough time for printed documents to be delivered to the IDFPR office in Springfield by Thursday (April 30). Although information is available online, paper copies of … Continue reading →

Today is last day to save $10 for Spring Conference registration

IARbuzz.com Blog - Mon, 04/27/2015 - 12:10pm
If you haven’t registered for the 2014 IAR Spring Conference yet, today is the last day members can sign up for $129. Beginning tomorrow, the member walk-in rate of $139 goes into effect. Spring Conference & Expo kicks off at … Continue reading →

Morning Minute: Homeownership still an integral part of long-term financial planning

IARbuzz.com Blog - Mon, 04/27/2015 - 11:30am
More consumers believe that the housing market has turned the corner and many — 94 percent of those recently surveyed by Berkshire Hathaway HomeServices — say homeownership is important to long-term financial planning, the brokerage network reported in its latest … Continue reading →

Winthrop Harbor cuts development fees in effort to spur growth

IARbuzz.com Blog - Fri, 04/24/2015 - 1:14pm
Too often, local governments view development as a way to pad government coffers.  Property owners are forced to come up with significant dollars in impact fees, special service area taxes, frontage fees, linkage fees, and the like in order to … Continue reading →

Morning Minute: Mortgage rates move lower this week

IARbuzz.com Blog - Fri, 04/24/2015 - 11:04am
Freddie Mac reports that fixed mortgage rates moved lower with the 30-year, fixed-rate mortgage averaging 3.65 percent and the 15-year, fixed rate averaging 2.92 percent for the week ending April 23. Read the Freddie Mac news release. “Mortgage rates fell slightly … Continue reading →

Illinois REALTORS® two for two on targeted legislation; SB1380 dies

IARbuzz.com Blog - Thu, 04/23/2015 - 4:48pm
A controversial Senate bill which would have allowed municipalities to attach liens for nuisance code violations on non-offending properties died Thursday as lawmakers rushed to meet a key legislative deadline. In the first attempt to pass the the lien bill, … Continue reading →

$75,000 in REALTOR® funds in place to help tornado victims

IARbuzz.com Blog - Thu, 04/23/2015 - 3:54pm
The Illinois Association of REALTORS® has earmarked $50,000 to go toward relief efforts following tornadoes that swept through parts of Illinois April 9. A portion of that money will be matched by an NAR foundation to increase the available assistance … Continue reading →

IAR supports SB 1612 and HB 3693

IARbuzz.com Blog - Thu, 04/23/2015 - 3:18pm
In addition to one active Call for Action, the Illinois Association of REALTORS® is showing its support for one other House bill and one other Senate bill. Tomorrow is the last day these bills can be voted upon in their … Continue reading →

March Illinois housing data reports available in Spanish

IARbuzz.com Blog - Thu, 04/23/2015 - 11:50am
Illinois home sales and median prices saw strong double-digit gains in March. Statewide home sales were up 13.1 percent compared to March 2014 and the median price rose 11.5 percent. Share that information with Spanish-language housing data from the Illinois … Continue reading →