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Only 12 percent of Chicago Real Estate Companies are looking to hire

Only 12 percent of Chicago Real Estate Companies are looking to hire

Only 12 percent of Chicago Real Estate Companies are looking to hire


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Home Page > Business > Only 12 percent of Chicago Real Estate Companies are looking to hire

Only 12 percent of Chicago Real Estate Companies are looking to hire

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Posted: Nov 05, 2009 |Observations: 0

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Only 12 percent of Chicago Real Estate Companies are looking to hire

By: Chicago Real Estate

About the Author

Daniel Prager is an shared media marketing consultant at The Ocean Agency where he also dabbles in SEO and content creation. He works with some of the top Chicago Real Estate Firms

(ArticlesBase SC #1425375)

Article Source: http://www.articlesbase.com/Only 12 percent of Chicago Real Estate Companies are looking to hire





In a survey of real estate CFOs and senior comptrollers conducted by the Chicago-based financial advisory firm Grant Thornton LLP, only 12 percent said their company will increase hiring in the next six months and near two-thirds, 63 percent, plot to reduce bonuses.

Real Estate companies are also reducing health care repayment, 401k repayment, and stock options. Real estate firms are trimming the stout, even even as the real estate market continues to show signs of improvement. Real Estate companies, according to the survey conducted by Grat Thornton LLP are most concerned about the cost of employee repayment.

Even as the Chicago Real Estate market is improving, these numbers illustrate an extreme contradiction in the real estate diligence. Even as real estate companies remain optimistic about the future of their diligence, cost cutting measures reflect a distinct pessimism in their own diligence.

Is the real estate diligence in a right recovery mode, or is a following micro-bubble emerging. As of right now, it is not clear, but there certainly a discrepancy between internal practices of real estate firms and gauges of the real estate market. Speculation surrounding real estate is always apparent. But is it beneficial when the speculation directly opposes the actions of Real Estate firms and brokerages?

So what can we learn from this contradiction? Is the market over-valued?  Is a secondary bubble forming after we slowly emerge out of the recession? Whatever the case, it is clear that the real estate market may still be over-valued, as firms still continue to cut costs, even as the real estate market continues to improve.

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Chicago Real Estate -
About the Author:

Daniel Prager is an shared media marketing consultant at The Ocean Agency where he also dabbles in SEO and content creation. He works with some of the top Chicago Real Estate Firms

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Source:  http://www.articlesbase.com/business-articles/only-12-percent-of-chicago-real-estate-companies-are-looking-to-hire-1425375.html

Article Tags:
chicago real estate, chicago condos, chicago homes for sale

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Only 12 percent of Chicago Real Estate Companies are looking to hire

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Daniel Prager is an shared media marketing consultant at The Ocean Agency where he also dabbles in SEO and content creation. He works with some of the top Chicago Real Estate Firms


Article from articlesbase.com

Can I deduct improvements made on my rental property if I work with a property manager or only if I manage?

I am plotting to rent out my house. I have made considerable renovations to the property. I was told that I may possibly enter these home improvements off when my house becomes a leasing prop. What I am not clear on is whether I can enter equipment off if I am working with a property management company or if I must manage the property myself. I am not sure if there is a difference.

I would be grateful for any clarification on this from people in the know! I want to be assured that I can enter off these improvements, as it exceeds $25,000 at this point. Thanks.