The REALTORS® Land Institute congratulates those professionals who have recently distinguished themselves by earning the esteemed Accredited Land Consultant designation. Earning the ALC designation is an indication of the most accomplished, experienced, educated, and highest performing land experts
Chicago, IL - August 19, 2011 - (RealEstateRama) -- A new survey in the August 15th issue of Chicago Agent magazine illustrates that more than half of all agents surveyed believe that online agent rating systems, such as those on Zillow.com, Trulia.com and Angie’s List, are beneficial to the industry. However, only 17 percent of agents surveyed are actively participating in agent rating systems.
SPRINGFIELD, IL - July 22, 2011 - (RealEstateRama) -- According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in June 2011 totaled 11,003 homes sold, up 12.7 percent from 9,761 sales in May 2011; sales were down 16.3 percent from 13,144 homes sold in June 2010.
SPRINGFIELD, IL - July 12, 2011 - (RealEstateRama) -- SPRINGFIELD, Ill.—The Illinois Association of REALTORS® (IAR) is investigating a technical error related to inconsistent data reporting affecting sales volume and media price reports for the city of Chicago. This error has resulted in inaccurate median price and sales volume reports for single-family homes and condominiums, in the city, possibly dating back to 2008 when IAR first began reporting city data at the request of the Chicago Association of REALTORS®.
SPRINGFIELD, IL - June 2, 2011 - (RealEstateRama) -- Look for the bright blue balloons and open house signs dotting local neighborhoods this weekend as REALTORS® in Illinois and around the country host the nation’s largest open house event, June 4 and 5.
SPRINGFIELD, IL - May 17, 2011 - (RealEstateRama) -- The REALTOR® Nationwide Open House Weekend is just around the corner on June 4-5, but if you’re an Illinois homeowner with a home to sell this spring, there’s still time to jump on the bandwagon and get your home “open house ready” for this high exposure weekend.
Springfield, IL - April 1, 2011 - (RealEstateRama) -- April marks the 43rd anniversary of the U.S. Fair Housing Act, landmark legislation prohibiting discrimination when it comes to housing. As one of the leading advocates for fair housing in the state, the Illinois Association of REALTORS® devotes the month of April to highlighting fair housing laws.“People have the right to live wherever they can afford to live and their access to a home shouldn’t be denied or restricted because of discrimination.
SPRINGFIELD, IL - March 15, 2011 - (RealEstateRama) -- The Illinois Association of REALTORS® (IAR) today released new data that shows mortgage loans above the current conforming limit have not led to an increase in foreclosures in the Chicagoland region as some have previously thought. The data provides evidence to support those advocating for an increase in conventional loan limits in select areas of northern Illinois.
SPRINGFIELD, IL - January 31, 2011 - (RealEstateRama) -- Lynn Madison of Lake Zurich was named the 2011 Illinois REALTOR® of the Year. Madison is a real estate broker and is owner of Lynn Madison Seminars, Inc. A REALTOR® of the Year banquet will be held honoring Madison on April 6th at the Hilton Hotel in Springfield.
SPRINGFIELD, IL - January 20, 2011 - (RealEstateRama) -- Illinois winds down 2010 with a significant boost in December home sales compared to the prior two months while post-recession price and sales declines have moderated in Illinois yet remain constrained from tighter lending, slow economic recovery and distressed properties. According to the Illinois Association of REALTORS® latest report, statewide total home sales (single family and condominiums) in December totaled 7,682 sales, up 11.1 percent from 6,915 sales in the previous month of November; year-over-year sales were down 7.3 percent from 8,288 sales in December 2009.
SPRINGFIELD, IL - January 19, 2011 - (RealEstateRama) -- First-time buyers continued to be a driving force in the Illinois housing market as they took advantage of the first-time homebuyer tax credit and the most affordable housing market in years, according to the 2010 Profile of Illinois Home Buyers and Sellers. The survey results released by the Illinois Association of REALTORS® (IAR) found 53% of buyers were first-time buyers, compared to 50% nationwide (a figure which has averaged closer to 40% nationwide since 2001).
SPRINGFIELD, IL - December 22, 2010 - (RealEstateRama) -- Economic and seasonal factors and a residual tax credit effect impacted home sales in November while prices held steady for three consecutive months with half of Illinois counties reporting posting a median price increase or no change from a year ago. According to the Illinois Association of REALTORS® latest report, statewide total home sales (single family and condominiums) were down 3.5 percent year-to-date January through November 2010 with 95,973 home sales posted compared to 99,494 home sales for the same period in 2009. For the month of November home sales totaled 6,884, down 34.5 percent from 10,505 home sales in November 2009
High Affordability Conditions for September’s Illinois Housing Market Sales Down for the Month, Stronger...
SPRINGFIELD, IL - October 25, 2010 - (RealEstateRama) -- Record low mortgage interest rates and more affordable home prices benefited buyers in September, although the Illinois housing market remains subdued after the tax credit without stronger signals from the economy in the areas of jobs and improved consumer confidence. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2010 totaled 8,024, down 4.7 percent from August’s 8,419 home sales; year-over-year home sales are down 23.4 percent compared to September 2009 sales of 10,470 homes. Year-to-date sales remain positive, up 4.9 percent January through September 2010 with 81,669 home sales compared to 77,860 home sales for the same period in 2009
SPRINGFIELD, IL - August 24, 2010 - (RealEstateRama) -- After nearly a full year of home sales gains statewide, the rush to meet the homebuyer tax credit deadline combined with weak job and economic reports led to a lull in Illinois home sales activity in July. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in July 2010 were down 29.7 percent, totaling 8,135 homes sold compared to July 2009 sales of 11,566 homes. The median price in July 2010 was $160,000, down 4.3 percent from $167,185 in July 2009. The median is a typical market price where half the homes sold for more, half sold for less.
SPRINGFIELD, IL - July 23, 2010 - (RealEstateRama) -- Home prices in Illinois are showing signs of stabilizing with continued positive year-over-year median price growth and 10 straight months of mostly double-digit sales increases; the Chicago region marked a year of positive sales activity in June. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in June 2010 were up 18.3 percent, totaling 13,072 homes sold compared to June 2009 sales of 11,048 homes. The median price in June 2010 was $170,000, up 2.5 percent from $165,825 in June 2009. The median is a typical market price where half the homes sold for more, half sold for less.
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