Weekly 2-18-14

Illinois REALTOR® Weekly Connection

IAR Offers Online CE with "Anywhere Online Proctoring"

Need CE? The IAR Licensing and Training Center has convenient Online CE with "Anywhere Online Proctoring" to help you complete your CE requirements without leaving home. Questions? Send them to education@iar.org and click below to learn more about your online CE options plus home study options.

Still Time to Attend Let's Talk Real Estate Events this Week

Register now for Let's Talk Real Estate events with U.S. Rep. Dan Lipinski on Wednesday, Feb. 19 in Orland Park and U.S. Rep. Cheri Bustos on Friday, Feb. 21 in Rock Island.

$5 Million Boost Announced for Welcome Home Heroes Loan Program

An additional $5 million in funding is being made available for Illinois' Welcome Home Heroes Affordable Loan Program that offers down payment assistance to veterans and active-duty service personnel. Read more

Measuring the Impact of New QM Rule on Lending

Wonder how the new qualified mortgage (QM) rule might end up affecting the lending industry and ultimately consumers? NAR researchers surveyed lenders and found that 55 percent expect the QM rule to affect 2.6 percent to 20 percent of their loan originations. Read more from NAR.

NAR: Commercial Investors "Cautiously Optimistic" About 2014

Commercial real estate investors are expecting the economy to continue to grow modestly in 2014 and anticipate ongoing positive returns for commercial real estate, NAR reports. Read more in the new forecast report, "Expectations & Market Realities in Real Estate 2014 - The Future Unfolds."

IAR Webinar: Concealed Carry and the Real Estate Brokerage

Learn more about the legal issues surrounding Illinois' new concealed carry law by registering for the Feb. 27 IAR Legal Webinar. During the one-hour webinar, Sorling Northrup attorneys will address questions and present sample policy considerations surrounding the new Illinois concealed carry statutes. Register now.

Coming Friday: IAR to Release January Home Sales Report

IAR will release the Illinois January home sales report at 8 a.m. Friday, Feb. 21. As an IAR member you have exclusive access to county-by-county data, market talking points and more. Log in to Members Only MarketStats. #IARMarketStats

Illinois Online Broker Renewal Available at IDFPR

Online renewal is now open! Visit the Illinois Department of Financial and Professional Regulation (IDFPR) Real Estate Broker Renewal website to submit your renewal application. Remember you will need the unique PIN number that was included on your yellow renewal postcard in order to complete your renewal. Questions? Click here for IAR's Official Q&A and Checklist for the 2014 Broker License Renewal.

REEF Academic Scholarship Deadline is April 1

Applications for the Real Estate Educational Foundation's (REEF) Academic scholarships must be submitted by April 1, 2014. Since 2000, REEF has awarded scholarships totaling over $412,300 to talented college students and real estate professionals. Learn more about these and other REEF scholarships at www.ilreef.org.

March 31 Deadline for 1,000 Points of Light Ambassador Campaign

Become one of 1,000 RPAC Ambassadors in 2014 and help protect your industry and private property rights. The deadline to sign up isMarch 31, 2014Click hereto find program details, pledge cards and an acceptance letter.(Disclaimer: The Illinois REALTORS® Political Action Committee (RPAC) solicits contributions from IAR members only.) 

Events

February 19 

Let's Talk Real Estate with U.S. Rep. Dan Lipinski, Orland Park

February 21

Let's Talk Real Estate with U.S. Rep. Cheri Bustos, Rock Island

March 7

Let's Talk Real Estate with U.S. Rep. Randy Hultgren, Batavia

March 10

Let's Talk Real Estate with U.S. Rep. Jan Schakowsky, Glenview