Spaces still available for next week’s NAR Tech Edge conference in Arlington Heights

REALTORS® can still register for next Thursday’s NAR Tech Edge conference at the Metropolis Ballroom in Arlington Heights.

For $59, IAR members can learn how web-based and mobile technologies can benefit their business and their clients. Topics include: content strategy, Facebook, digital identity, social media, portable technology, mobile marketing and photography.  Registration is $89 for non-members.

This high-energy event is a joint effort of the National Association of REALTORS® and the North Shore-Barrington Association of REALTORS®. It includes 13 expert presenters.  Registration begins at 8:30 a.m., while the program runs from 9 a.m. to 4:30 p.m. Lunch is included.

IAR joins effort to stop advertising tax for businesses

The Illinois Association of REALTORS® has joined a coalition of groups worried about a proposal to tax business advertising.

According to information from the No Ad Tax Coalition, the proposal listed in Gov. Rauner’s “Bring Back Blueprint” will impose a near 10 percent tax on the marketing efforts of Illinois small businesses, including restaurants, dry cleaners, beauty salons, florists, local grocery stores, local hardware stores and real estate companies. The tax will be applied to ads placed in newspapers, on billboards, radio and television. It will take millions of dollars out of the pockets of those who rely on advertising to communicate with their customers.

This would be of particular concern to IAR’s 43,000 members since many use advertising to market properties and their services.

According to the coalition, a similar ad tax was repealed after just six months in Florida because of the negative impacts it had on:

  • Personal income ($2.5 billion lost);
  • Jobs (50,000 lost);
  • Ad purchases (12 percent less); and
  • Ad revenue ($100 million).

The No Ad Tax Coalition is a diverse group of independent small businesses, associations and organizations in Illinois that have joined together to protect our state’s small business community.

What will the climb in one-person households mean for our future?

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The better your market is at supplying affordable housing for older Americans who want to continue living alone, the better your chances of helping them keep their independence.

That’s one conclusion you could draw after reading a blog titled “The Rise of the Single-Person Household,” by George Masnick, Senior Research Fellow for Harvard’s Joint Center for Housing Studies.

Masnick says that in general, the market has responded well to the changing housing needs of Americans. But the exception has been the supply of smaller, accessible, affordable single-family residences for older citizens. He cites many factors that have worked against that.

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Masnick uses a variety of resources to give meaning to statistics about single-person households, such as:

  • 100 years ago, less than 6 percent of U.S. households included only one person;
  • In 2013, 28 percent of U.S. households had one person;
  • In 2013, 54 percent of single-person households were women;
  • In 1940, 61 percent of single-person households were renters;
  • In 2013, two-thirds of single-person households under the age of 45 were renters; and
  • In 2013, a strong majority of single-person households over age 64 owned their homes.

Get more from the full blog post.