J. Philip Real Estate in the Media: May 10, 2010

J Philip Faranda May 10, 2010

I am quoted in AOL's Money and Finance: People@Work story on people who relocate due to job opportunities. The story examines the details behind last month's creaion of 290,000 new jobs, and I was posed a question about people who choose to sell their homes to relocate to their new job. 

I have one client who has relocated to Florida, and their house recently went under contract. 

Another prospective client is also relocating out of state, and they are putting their house up soon also (with me, I hope). 

In both cases, both homeowners were not offered relocation packages, and one even had to do a short sale. In the long term, these are the choices people must make to make the right career moves for themselves and their families. Choosing to sell at a loss to make a job change is not a decision made lightly, and I don't envy the people who have to weigh the pros and cons of such a huge decision. 

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