In this newsletter:
- Real estate market forecasts from people who are supposed to know.
- Yes, we bought a condo!
- Random thoughts from me on the law of attraction and why I’m not busy anymore.
- Real Estate Questions, For Real, the video series
- Coming soon in 78704
Economists and the Market
Chris went to an event hosted by Capstone Title in January with the fancy title “Eddie Rodriguez’s 2019 Legislative Session Forecast and Eldon Rude’s 2019 Austin Real Estate Market/Housing Forecast.” We know Eddie from our gym, which is great because he’ll probably be president some day, and then we can feel super cool.
Anyway, on to the market update. Eldon Rude’s opinion (filtered through Chris) was this: There’s a bunch of news out there claiming that Austin prices are dropping, which is frankly just untrue. I wrote about this a few newsletters back, saying I believe that this news is coming out because we’re all tired of hearing about how great the market is, and we quite clicking on those articles, so now they’re feeding us the opposite to get us to click again. Call me a cynic.
The economic indicators suggest that prices in Austin will continue to rise because we still have lots of demand and constricted supply. So if you’re waiting to buy, stop waiting.
You can watch the full video of the Capstone event here.
And an economic forum that my broker Ryan recently attended agreed. You can read his write up here.
We closed at the Tyndall!
Chris and I just bought a new condo this month that we’re excited to move into within the next few weeks. We bought a unit at the Tyndall, which is a new condo in East Austin.
We’ll be putting our home on Deerfield up for short term rent. So if anyone is considering getting into short term rentals, call me in a few weeks. I can give you the inside scoop.
Change your thoughts, change your life
If you’re here for real estate stuff, just skip this section. Because it’s entirely personal, mostly irrelevant and in here just because I felt like it.
As many of you know, I am a self-help and spirituality junkie. I listen to Oprah’s SuperSoul Conversations, I love books like You Are a Badass, Loving What Is, and A New Earth. I’ve been on a non-stop diet of woo-woo motivation for years. And recent circumstance have convinced me of the freaky power our thoughts have over our realities.
I used to think that talk about shifting your mindset was overblown. Okay, yeah, I get it. Up to a point, if you’re a grumpy unpleasant person you will attract grumpy unpleasant experiences into your life. That’s pretty clear. But do we really have control over our reality beyond something obvious like that? I used to think not.
And then, toward the end of 2018, I decided to try something. I decided to stop saying I was busy.
I used to be busy. I used to be stressed out and just barely on time. And when people asked how I was, my default answer was “busy!”
But I got tired of running around like a crazy woman all the time complaining about how much I had to do. And simultaneously I was considering ideas like the following:
-Time is an illusion
-When I truly need more time, I always seem to have it
-Physics suggests that time is actual an illusion, and that’s not just something weird spiritual yogi people say to sound cool
So I decided to try something. What if I stop saying I’m busy? What if I replace the thought “I’m so busy” with “There’s always time for what’s important,” instead?
It didn’t take very long before… I wasn’t busy any more.
Active? Yes. But not busy. Not rushed. I have time to take walks with my dog, get to the gym, cook have a social life and write this newsletter, all while running a real estate business. And I don’t say I’m busy anymore, because I’m not.
I tried the same thought shift with my clients. I used to complain if someone was annoying me, or I felt they weren’t treating me with respect. (Clients who are reading this: Definitely not talking about you. I’m talking about other people who aren’t you.) And then I read something along the lines of, “It’s ridiculous to complain about your clients because… you pick your clients. So who exactly are you annoyed with?”
So I decided to be grateful for each of my clients and the abundance they provide for me. I also took time to notice and appreciate when they were fun or interesting or great human beings.
And lo and behold, I find myself today working with no one but fun, interesting, awesome people that I enjoy and appreciate.
So in short, I’m now convinced that I can have anything I want in life if I just think about it the right way.
Real Estate Questions, For Real
I’m trying a new concept for videos. I call it “Real Estate Questions, For Real” where I go live on Facebook and answer questions I’ve gotten that week in real estate, for real.
So far, so good.
I’m doing these videos on Saturday mornings at 10am until I get tired of it. And if you have questions you’d like answered, for real, then send me a note and I’ll answer them!
Coming soon in 78704
We have several luxury listings in 78704 coming soon. Basically if you’re looking for brand new homes in 78704, email me. We have A LOT.
One is Glendale, where I did a video recently with the architect.