Archive for October, 2008
The Real Estate Lounge Chicago Welcomes Mitch Aronson
Lifelong Chicagoan and Rogers Park dweller Mitch Aronson has joined the team at The Real Estate Lounge Chicago. A consummate real estate professional, Mitch is loved by his many buying and selling clients. Looking at his picture even reminded me of a few funny and relevant “wassup” videos currently making the rounds on you tube.
Federal Reserve Reduces Overnight Rate
Another rate reduction by the Fed, the 9th since September ‘07. The hope is that a global and national recession can be mitigated, though time will tell. Lower rates should free up funds for credit, a good thing in most circumstances. But tomorrow’s GDP numbers will show another quarter of falling GDP, thus meeting the criteria of a classic recession.
Striking Gold in Chicago’s Gold Coast Real Estate
A neighbor walked on eggshells at the park today thinking all was gloom and doom in the Chicago real estate market. Certainly we are experiencing tumult, but my buying clients are aggressively looking in areas like Chicago’s Gold Coast.
Chicago - Top Ranked City
An early email got me to thinking, how is Chicago regarded outside of Chicago? A short dash through google suggests Chicago is well-regarded. So says FastCompany.com, Conde Nast, Travel + Leisure and others. No wonder the team at The Real Estate Lounge Chicago encounters so many corporate relocation clients.
A Rainy Monday Bike Ride to Cast Early Ballot in Chicago
Our desire for a long bike ride was abbreviated by a rainy Chicago Monday. But the rain didn’t stop us from heading to the Edgewater Public Library to cast ballots. With the boys in their bike seats the weather cooperated and we got to the polling place with five minutes to spare. And so we played our small part in what we hope is a new direction for our wonderful country.
Early Voting in Chicago
Chicagoans have the chance to vote early. It makes sense because doing so ensures you don’t run the risk of the short window of opportunity closing on November 4th before you have a chance to participate in this election of change. The full list of locations is provide here by Chicago real estate professional Tom McCarey.
A Chicago tv-watching Remembrance - Thoughts of Ray Rayner
You never know what will trigger a memory. Yesterday as I clicked on a hilarious website that pictures Sarah Palin sitting in the Oval Office I thought of Ray Rayner, an icon of my childhood tv-viewing. Years later I remember his a kind, steady, and very reasonable - the selfsame qualities I want in my presidential candidate. At the end of the day, such qualities are critical to steer the country forward and to extricate ourselves from this current economic morass.
Retail Numbers Fall Along with Consumers’ Sense of Trust
Ben Bernanke said the economy will rebound with vigor. The question is when. A key element to the renewal of the market is consumer confidence, an ethereal thing rooted in optimism. And where will this come from? The upcoming presidential election could trigger an economic uptick to the Chicago market, for the nation, and on a global scale.
All the news that’s fit to print…
This year’s election has brought out understated and overstated support for Barack Obama. Whether it’s the economy, Iraq, international relations, healthcare - it is interesting to note how folks who used to keep their views very private are taking the stage on behalf of Obama.
Half Full? Empty? It’s All a Matter of Perspective
The rain stopped as the train arrived and we toured the streets of Edgewater aboard the Chicago Kiddie Express train for Jackson’s third birthday. I do a great job as a father. Just like I do a great job as a Chicago real estate professional. Likely because I temper my enthusiasm for what I do with a propensity toward being realistic.
