My husband and I teach our kids that life is wonderful and good and that anything is possible. And, we also teach them that life can be a little messy and complicated sometimes, too. In fact, few things in life happen in a straight line. We set our sights on a goal and we make plans to get there. But have we anticipated any challenges? What’s the backup plan? Are we prepared to adjust our sails if the seas get a little rough?
I think learning to adjust your sails is key.
We’re in the middle of a really dynamic real estate market. But I probably don’t have to tell you that. Buyers are jumping on low lending rates and trying to zero in on their first, next, or dream home. But buying a home isn’t linear; it requires dexterity and a proactive willingness to adjust and pivot and respond quickly as things change. This is especially true when buyers are competing against one another over fewer available homes.
And for sellers? Well, it’s a seller’s market for sure, but some sellers may be concerned they won't be able to find a new home by the time their current home sells. Here, there are a few options. Sellers can rent back the home from the buyers for up to 60 days (when a mortgage is involved). Or, if they're moving out of the area, they can rent for a short term, while taking the opportunity to learn about the various neighborhoods, navigate traffic patterns, and explore their new community before investing in their new home. Sellers may also think the prices are too expensive, however, with today's low-interest rates, the higher prices are significantly offset by a lower monthly mortgage payment.
Again, there’s no straight path. My purpose is to guide my clients along the journey and to be nimble enough to adjust and adapt to new plans and new strategies when necessary. Not only to avoid the pitfalls but to move us closer to our goals.
The picture above is a beautiful handmade magnet given to my youngest child by her teacher at the end of this past school year. The virtual school was an uncharted path for everyone, and this sweet and thoughtful teacher wanted to remind her students that despite the challenges they faced, they proved they can handle anything that comes their way.
“I am not afraid of storms for I am learning to sail my ship.”
This magnet is prominently displayed on our refrigerator and it’s a powerful reminder for my daughter and for all of us, really, to remain flexible and willing to adapt and adjust our sails, no matter what happens.
As we enter the holiday season, I hope your home is filled with all the wonderful and messy things that life is made of. And I hope you're able to share it with the people who mean the most to you.