Chicago Relocation
 

Don’t despair – People still WANT to buy your home

July 20, 2011

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John D’Ambrogio

….The economy may just cause a little bit of a delay!

 

Bankrate.com commissioned a study that showed despite all the bad media coverage out there about homeownership, mortgages etc., most  of us still think buying a home is a smart investment (thank goodness).

 

So the good news:

· Nine out of ten of us still feel a home is a great investment that will grow in the future

 

And the bad:

· Half of us worry about not being to afford our homes, or worse yet we are worried about LOSING our home

 

 

Says Julie Bandy, editor in chief for Bankrate.com: “These results provide an interesting illustration of the public’s mindset in a difficult economy.”

 

It is refreshing to know that hope springs eternal!

 

 

 

Is relo rebounding?

July 17, 2011

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John D’Ambrogio

It just might be……

The gap between talent and available jobs has caused firms across the country to get a bit more competitive.  A recent RIS media article  penned by Steve Cook seems to indicate an uptick.

According the the article up to 50% of recruiters and hiring managers have started to reach outside their local market to find the right talent.

Steve quotes a  new national survey by Dice Holdings, Inc.  which specializes in career websites which “found that slightly more than half (51 percent) of employers and recruiters anticipate hiring more professionals in the second half of 2011 than in the previous six months.”

Just as exciting was the fact that 41% of the recruiters indicated that salaries are rising, even for new hires.  What does this mean for Chicago real estate and the market in general?  It means more “qualified” buyers are going to be entering the market, often with relocation packages from their new employers that make them attractive candidates to purchase mid and high level homes across the market.

In fact, the midwest was named as a major beneficiary of this upward trend.

According to Cook – “The Dice survey confirms a January and February survey by Atlas World Grop that found expectations for relocation volumes and budgets continue to improve over 2009.” Maybe that light at the end of the tunnel is closer than we thought!

 
 

Baird & Warner / F. C. Pilgrim create Oak Park area powerhouse

July 9, 2011

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John D’Ambrogio

 Baird & Warner Real Estate recently announced the acquisition of west suburban real estate broker F.C. Pilgrim & Co. The combination of these two classic, family-owned, independent real estate organizations firmly places Baird & Warner as the dominant real estate leader in Oak Park, River Forest, Forest Park and surrounding communities.

Both firms are tenured – Pilgrim since 1893 and Baird & Warner since 1855.  Each has an “historic commitment to diversity and fair housing” that are the benchmarks of the industry.”

“F.C. Pilgrim & Co. is an outstanding example of what we look for in a partner – talented real estate sales professionals with a culture focused on service,” said Stephen W. Baird, President and CEO of Baird & Warner Real Estate. “We see this union as a win-win for both of our firms, and especially for our valued clients.”

John O’Neil, Chairman of FC Pilgrim, noted “The alignment of our two teams brings a unique pairing of local market sensitivity and expertise, combined with unparalleled reach and resources. This ensures that our clients will enjoy an experience that is absolutely second-to-none for all of their real estate needs — whether buying, selling or financing a home.”

As a former client of F. C. Pilgrim and current employee of Baird & Warner, and as an owner of real estate in Oak Park, I can say there is truly only one choice for real estate in the land of Hemmingway and Wright!