In early November 2011,Illinois REALTOR® magazine traveled to the University of Illinois Urbana campus, headquarters of the Illinois Regional Economics Applications Laboratory (REAL), to get insights into the 2012 forecast for the Illinois housing market.
Listen as economist Geoffrey J.D. Hewings, Ph.D., Director, Regional Economics Applications Laboratory (REAL) of the University of Illinois, gives the forecast going into 2012.
IAR Legal Hotline attorney Betsy Urbance shared current legal issues and questions from attendees in this early morning "Legal Update" session at the IAR Spring Conference in Collinsville.
Transition questions were covered first, among them a Managing Broker's responsibility to make sure all sponsored licensees have completed transition.
Work by IAR's governmental affairs team has resulted in changes to a proposed building code in Jerseyville. The rules had called for fire sprinklers in new construction, but some officials wanted to eliminate that portion of the code.
Getting money from a foreign country to close a real estate transaction in the U.S. can be easy with advance planning, said Darren Connor, an account manager for Moneycorp Foreign Exchange.
And since many foreign buyers use cash, setting up an exchange account is important.