Fair Housing Video 2 offers many ideas to improve accessibility

(l to r) Cristina Headly and Sharon Gorrell discuss ways for landlords and property owners to improve accessibility for prospective tenants and clients.

In a second Fair Housing Video by Illinois REALTORS®, members can learn many ways landlords and property owners can better serve individuals with disabilities.

One idea involves improving the accessibility of housing search and application processes, says Cristina Headly, Staff Attorney of Equip for Equality, during an interview with Sharon Gorrell, Illinois REALTORS® Policy Advisor, Housing and Diversity. For example, some website software allows prospective tenants or clients to enlarge type or convert written words to speech or braille.

To find out Headly’s suggestions for basic maintenance of property, low-cost improvements and information about federal grants, watch the video.

To see more Fair Housing resources, go here.

 

3 REALTORS® optimistic about strong growth in March housing sales numbers

With statewide inventories lower, sales numbers higher and median prices higher than a year before, Illinois REALTORS® offers the insights and expertise of three of its own members in a video about March housing numbers.

With their perspectives, REALTORS® Maurice Hampton of Chicago, Jeff Kolbus of Peoria and Debbie Prodehl of Homer Glen demonstrate the value of the extra training they receive as REALTORS® and the advice they can provide their customers.

Click on the image below to watch the video.

Watch for Illinois REALTORS® March housing report Friday

University of Illinois Economist Geoffrey J.D. Hewings

Friday morning, the Illinois REALTORS® will release its March 2017 housing report, with data breakdowns for the state of Illinois, city of Chicago and the nine-county Chicago Primary Metropolitan Statistical Area (PMSA). Also included will be a housing market forecast by Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois.

Members of the statewide association can access member-only market statistics by using their passwords.

Morning Minute: Freddie Mac weighs in on why housing inventory is low

Image: Bigstock

As buyers head into the spring home buying season, they are finding that available inventories remain historically low.

In its April market outlook, Freddie Mac offers two ideas on why more sellers might not be listing their homes right now.

  • First, some sellers may be hesitant to list their home because the tight inventory could make it harder for them to find their own move-up property.
  • And homeowners who purchased a home or refinanced when mortgage rates were at record lows may be reluctant to buy again at higher rates. Read more from Freddie Mac.

“Tight housing inventory has been an important feature of the housing market at least since 2016. For-sale housing inventory, especially of starter homes, is currently at its lowest level in over ten years. If inventory continues to remain tight, home sales will likely decline from their 2016 levels. As we enter the spring home buying season, all eyes are on housing inventory and whether or not it will meet the high demand,” said Freddie Mac Chief Economist Sean Becketti.

In other headlines:

Three secrets to winning more listings – Inman

Measuring your ability to achieve the American Dream – Keeping Current Matters

Fair Housing Video Series

In recognition of April being National Fair Housing Month, Illinois REALTORS® recently conducted a series of interviews on the different ways housing law affects landlords and tenants.

In the first video of our Fair Housing series, REALTORS® Mike Rickert and Annette Akey Panzek talk about the types of modifications property owners can make to better accommodate seniors and disabled tenants. Additionally, Garland and Heather Armstrong, a married couple living in Chicago, tell of their experiences in what considerations property owners and REALTORS® should keep in mind.

Further installments in the video series will include a closer look on how landlords can meet obligations under the Fair Housing Act, as well as a look at what are known as “hidden disabilities” and the types of accommodations necessary for people with such conditions.

Click here to view the first video, and be sure to check back for future installments.