Feed aggregator

Condo foreclosure bill clears committee, now headed to Illinois House

IARbuzz.com Blog - Wed, 05/07/2014 - 12:29pm
Senate Bill 2664, a bill aimed at protecting buyers when they purchase a foreclosed condo, was voted out of the House Judiciary Committee today by a vote of 13-2. It now heads to the full Illinois House for consideration. The … Continue reading →

Morning Minute: Luxury housing market is heating up this spring

IARbuzz.com Blog - Wed, 05/07/2014 - 11:24am
As the weather heats up so too is the U.S. luxury home market. Sales of million-dollar homes “are selling at double their historical average,” according to the National Association of REALTORS® and other housing industry analysts are also seeing a … Continue reading →

IAR Spring Conference & Expo kicks off in Collinsville

IARbuzz.com Blog - Wed, 05/07/2014 - 10:26am
REALTORS® from throughout the state gathered at the Gateway Conference Center in Collinsville, Ill., on Wednesday, May 7, 2014. The event kicked off with a presentation by Kim Daugherty, a real estate trainer who spoke on how to take business … Continue reading →

Ready for Spring Conference? We are!

IARbuzz.com Blog - Tue, 05/06/2014 - 4:31pm
The first wave of IAR staffers headed south this afternoon to get ready for the Spring Conference & Expo at the Gateway Center in Collinsville. Join them, and your colleagues beginning Wednesday and running through Thursday. Haven’t registered? Not a … Continue reading →

Morning Minute: Spring market brings out homebuyers and sellers

IARbuzz.com Blog - Tue, 05/06/2014 - 11:11am
Decatur-area REALTORS® say they are seeing an uptick in the buyer and seller activity as the spring housing market thaws out after a particularly harsh winter. Glenda Williamson, owner of Glenda Williamson Realty in Decatur, told the Herald-Review that she … Continue reading →

Fees for real estate signs nixed in Chicago Heights

IARbuzz.com Blog - Tue, 05/06/2014 - 11:11am
The Chicago Heights City Council has amended and repealed part of an ordinance that required a permit and fee to place real estate For Sale signs. Tom Joseph, a governmental affairs director for IAR, reports the action on Monday came … Continue reading →

Drones and real estate: What REALTORS® should know now

IARbuzz.com Blog - Mon, 05/05/2014 - 4:30pm
The Legal Webinar series hosted by the Illinois Association of REALTORS® yielded a trove of information on privacy issues, including updates on federal policy involving the use of drones to photograph properties as part of marketing efforts. Todd Turner with … Continue reading →

Call to Action: Vote ‘Yes’ on SB2664, condo foreclosure bill

IARbuzz.com Blog - Mon, 05/05/2014 - 3:55pm
The Illinois Association of REALTORS® has issued a Call to Action urging its members to voice their support for a bill that would reform the state’s Condominium Property Act. SB2664 adds language to the act to help protect buyers from … Continue reading →

Welcome Home Illinois program gains traction in state

IARbuzz.com Blog - Mon, 05/05/2014 - 3:50pm
In a personal call Monday to IAR’s legislative affairs team, Gov. Pat Quinn said 730 buyers have signed up for the Welcome Home Illinois first-time buyers program. Quinn told IAR more than $80 million in loans has been committed so … Continue reading →

Morning Minute: Illinois tops list of states with most affordable housing markets

IARbuzz.com Blog - Mon, 05/05/2014 - 10:48am
If you are looking for an affordable housing market, put Illinois on your list. Five of the top 10 most affordable small metro housing markets in the country are found in Illinois, according to a study of housing data done … Continue reading →

There’s still time to attend IAR Spring Conference & Expo and save!

IARbuzz.com Blog - Mon, 05/05/2014 - 8:00am
The Illinois Association of REALTORS® Spring Conference & Expo kicks off Wednesday at the Gateway Center in Collinsville. This two-day event, May 7-8, could be your Gateway to Success this spring! Bring this coupon with you and save $10 off … Continue reading →

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

IARbuzz.com Blog - Mon, 05/05/2014 - 7:30am
In case you missed it, here are six of the top IARbuzz blog posts from the last week: Missed the April 30 Broker Renewal Deadline? – Tips on what you should do if you are an Illinois Broker who didn’t … Continue reading →

Morning Minute: Return of the first-time homebuyer

IARbuzz.com Blog - Fri, 05/02/2014 - 10:18am
Changing economic conditions could be the catalyst that prompts more first-time homebuyers to take a look at the housing market, according to a new report, “The Return of the First-Time Buyer” from the financial services company Barclays, HousingWire reports. In … Continue reading →

Do you know what to do if you fall prey to a rental listing scam?

IARbuzz.com Blog - Fri, 05/02/2014 - 8:12am
Occasionally, IAR receives calls from members who suspect their sales listings have been posted on craigslist.org or other websites as rental listings when these properties are not for rent at all. The listing agents believe their listings are being posted … Continue reading →

Missed the April 30 Broker Renewal Deadline?

IARbuzz.com Blog - Thu, 05/01/2014 - 4:57pm
If you missed the April 30, 2014 Broker Renewal deadline – you must still complete your ​education​ CE requirements and send in your renewal form to the Illinois Department of Financial and Professional Regulation (IDFPR). IAR is here to help. … Continue reading →

Morning Minute: Mortgage rates dip slightly after recent gains

IARbuzz.com Blog - Thu, 05/01/2014 - 11:50am
Fixed mortgage rates reversed trend this week and fell slightly with the 30-year, fixed averaging 4.29 percent and the 15-year rate averaging 3.38 percent, Freddie Mac reported today. “Mortgage rates were down slightly following the release of real GDP estimates for the … Continue reading →

Flood insurance premiums to decrease May 1 for buyers of older properties

IARbuzz.com Blog - Wed, 04/30/2014 - 2:31pm
The National Association of REALTORS® has worked to lower flood insurance premiums. Now that effort begins to pay off for some homebuyers. NAR announced today that beginning May 1, buyers of older properties will get to assume an October 2013 … Continue reading →

Final Day for 2014 Broker License Renewal!

IARbuzz.com Blog - Wed, 04/30/2014 - 10:18am
If you are an Illinois Broker who needs to renew your license before the April 30, 2014 deadline, today is the final day to submit your renewal application along with the $150 state of Illinois licensing fee to the Illinois … Continue reading →

Sign up now for IAR’s Aurora Habitat for Humanity project

IARbuzz.com Blog - Tue, 04/29/2014 - 11:48am
The dates for the Aurora Habitat for Humanity project have been announced, and you can sign up today to take part in building the third of three homes the Illinois Association of REALTORS®’s membership plans this year. The dates are: … Continue reading →

Broker License Renewal: Don’t Wait Until Too Late to Renew with IDFPR!

IARbuzz.com Blog - Tue, 04/29/2014 - 11:22am
Don’t procrastinate! If you are an Illinois Broker who needs to renew your license before the April 30, 2014 deadline, don’t wait until the last minute to do so or you could miss the deadline and find yourself unable to … Continue reading →