Ups and Downs of Life and the Market
In Albuquerque, New Mexico, the skies are still as blue as always as the sunlight continues its daily light and shadow plays across the Sandia mountain ranges. Not much has changed. But we watch the billboards to see if gas prices are showing any inclination to go down. And we think of diplomatic ways to explain to our clients the reality of the current real estate market. The houses are still as beautiful as they've always been. They are still as well kept, and we still have buyers. But many homes no longer seem to receive offers on the first day they are listed, and multiple offers are rare.
So what happened? The yin and yang of life, the ever-present life cycle of beginnings and endings, birth and rebirth, ebb and flow happened. It is as a wise man told his son. Life is like walking across the back of a zebra. You have to go from black to white stripes. When you are on a black stripe, walk slowly, and enjoy the good times of being in the black, knowing that sooner or later you are going to be coming upon a white stripe. When you get to the white stripe, run as fast as you can to get to another black stripe and and have prosperity again.
Today, I advised one of my clients that it was prudent to reduce her property by $10,000. She agreed and I expect to find her a buyer soon. I also and that both buyer and seller will be happy at the end of the transaction. They will both be winners. I have the best clients in Albuquerque and the world. They are all winners.