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Story can help you and your buyers avoid financial roadblocks

IARbuzz.com Blog - Mon, 06/29/2015 - 8:00am
Watch your mailbox for the July edition of Illinois REALTOR®, which includes a feature story about helping buyers avoid obstacles with mortgages. Look for the story titled “Helping Buyers Navigate the Mortgage Maze.” It’s one of several informative articles you’ll … Continue reading →

U.S. Supreme Court Rules on Texas ‘Disparate Impact’ Case

IARbuzz.com Blog - Fri, 06/26/2015 - 3:47pm
On June 25, 2015, the U.S. Supreme Court issued its opinion in the case entitled, Texas Department of Housing and Community Affairs et al. v. Inclusive Community Project, Inc., et al., examining the question of whether “disparate impact claims are … Continue reading →

IAR Takes Another Step into Global Realm

IARbuzz.com Blog - Fri, 06/26/2015 - 2:41pm
On behalf of Illinois Association of REALTORS® President Jim Kinney, IAR Global Working Group Staff Liaison Sharon Gorrell, participated in the June 26 ceremonial signing of a memorandum of understanding between IAR and La Asociacion Mexicana de Profesionales Inmobiliarios (AMPI) … Continue reading →

Morning Minute: Chicago makes list of housing markets with healthiest outlooks

IARbuzz.com Blog - Fri, 06/26/2015 - 11:41am
Chicago, Cincinnati and Cleveland are three major metros with the healthiest housing market outlooks, according to the latest Health of Housing Markets report from Nationwide Economics. The report determines housing market health by looking at employment, demographics, the mortgage market … Continue reading →

Illinois REALTOR® story offers 6 mortgage ideas to consider

IARbuzz.com Blog - Fri, 06/26/2015 - 8:00am
Check the July issue of Illinois REALTOR® to find six ways to help buyers get mortgage financing this summer. The story, “Show them the money: Mortgage options that could help your buyers get into homes,” could provide you with timely … Continue reading →

REALTORS® can listen to IAR’s TRID legal webinar

IARbuzz.com Blog - Thu, 06/25/2015 - 5:18pm
IAR members who log in and listen to the audio recording of today’s Legal Webinar “Are you ready for TRID?” will be better prepared to answer questions from clients in the coming weeks. Members can also view the PowerPoint presentation … Continue reading →

IAR, local associations ready to help latest Illinois tornado victims

IARbuzz.com Blog - Thu, 06/25/2015 - 4:08pm
While local REALTOR® associations work with community leaders to find the best ways to help this week’s tornado victims in communities like Coal City, Sublette and Mendota, IAR members and non-members can also contribute to the Illinois REALTORS® Relief Foundation … Continue reading →

Secrets of ‘No Error Transactions’

IARbuzz.com Blog - Thu, 06/25/2015 - 11:33am
IAR Legal Transactions Attorney Jeffrey T. Baker answered questions and coached REALTORS® on having “No Error Transactions” during his presentation at MREDPalooza on June 23, 2015 in Rosemont, Illinois. Here are some of the top take-aways and best practices from that … Continue reading →

IAR offers members Legal Webinar Thursday morning about TRID

IARbuzz.com Blog - Wed, 06/24/2015 - 10:27am
REALTORS® – Get your questions answered about changes to the Truth In Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) Integrated Disclosures during the IAR Legal Webinar at 9:30 a.m. tomorrow. IAR Transaction Helpline Attorney Jeff Baker and … Continue reading →

Morning Minute: First-time buyers returning to summer housing market

IARbuzz.com Blog - Wed, 06/24/2015 - 10:25am
The number of first-time homebuyers picked up in May and helped drive U.S. home sales higher for the month, the National Association of REALTORS® (NAR) reports. In fact, first-time buyers rose to 32 percent in May, marking the highest market … Continue reading →

Scenes from MREDpalooza #MP2015

IARbuzz.com Blog - Tue, 06/23/2015 - 2:15pm
It’s MREDpalooza at the Donald E. Stephens Convention Center in Rosemont today and the Illinois Association of REALTORS® (IAR) — one of the sponsors of the event — is there. IAR Transaction Helpline Attorney Jeffrey T. Baker is presenting the session, “No … Continue reading →

Could USDA Rural Development programs be right for your clients?

IARbuzz.com Blog - Tue, 06/23/2015 - 10:25am
On Monday, the Illinois Association of REALTORS® hosted an educational webinar by USDA Rural Development representatives that outlined details regarding the Single Family Guaranteed Loan Program and the Single Family Direct Home Loans Program. If you have clients who are … Continue reading →

Cover story: Get ready for TILA-RESPA Integrated Disclosure

IARbuzz.com Blog - Tue, 06/23/2015 - 8:30am
Be prepared for the changes coming to real estate transactions in Illinois and read the cover story of the July Illinois REALTOR®. The online version of the story “TILA-RESPA Integrated Discosure: Are you ready?” will help you better understand the … Continue reading →

Illinois home sales, prices climb higher in May #IARMarketStats

IARbuzz.com Blog - Mon, 06/22/2015 - 9:13am
The month of May brought strong home sales gains and higher median prices to the Illinois housing market, according to the Illinois Association of REALTORS®. Statewide home sales totaled 14,980, a year-over-year increase of 5.6 percent while the statewide median … Continue reading →

Still time for FREE registration at MREDpalooza

IARbuzz.com Blog - Mon, 06/22/2015 - 8:00am
Register now to get ideas, training and products that will help you serve your customers better. Block off your schedule to attend MREDpalooza Tuesday at the Donald E. Stephens Convention Center in Rosemont. Registration is free, and IAR is one … Continue reading →

Illinois home sales climb 5.6 percent; Median price up 8.7 percent in May

IAR News - Fri, 06/19/2015 - 3:37pm
Date:  June 19, 2015 Intro: 

The month of May brought strong home sales gains and higher median prices to the Illinois housing market.

FOR RELEASE: June 22, 2015

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

Illinois home sales climb 5.6 percent; Median price up 8.7 percent in May

SPRINGFIELD, Ill. — The month of May brought strong home sales gains and higher median prices to the Illinois housing market, according to the Illinois Association of REALTORS®.

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Do you love the digital version of Illinois REALTOR®?

IARbuzz.com Blog - Fri, 06/19/2015 - 2:30pm
Dive into the digital version of the July Illinois REALTOR® and check out this issue’s feature stories, columns and photos from the convenience of your tablet, laptop or desktop computer. You’ll see stories about: TILA-RESPA Integrated Disclosure; Hints for helping … Continue reading →

Free webinar Monday: Learn about USDA’s rural loan programs

IARbuzz.com Blog - Fri, 06/19/2015 - 12:03pm
Join representatives from the U.S. Department of Agriculture’s Rural Development program 10 a.m. Monday, June 22, 2015, to learn about opportunities for REALTORS® to help clients through the agency’s housing programs. You can register for the Free webinar here. This … Continue reading →

Village votes to allow first Sunday open houses in 40 years

IARbuzz.com Blog - Fri, 06/19/2015 - 8:16am
On July 5, REALTORS® and their customers in South Holland will make history when they conduct Sunday open houses in the village for the first time in more than 40 years, according to IAR Local Government Affairs Director Tom Joseph. … Continue reading →

CFPB proposes moving TRID deadline to Oct. 1

IARbuzz.com Blog - Thu, 06/18/2015 - 3:27pm
TILA-RESPA changes that may affect REALTORS® and customers buying homes may not occur until Oct. 1, according to an announcement by the Consumer Financial Protection Bureau (CFPB) Wednesday. CFPB Director Richard Cordray proposed the deadline for the TILA-RESPA Integrated Disclosure … Continue reading →