A Ray of Hope

Despite the turmoil in our economy, I have been reminded to find a ray of hope in even the smallest things. My business has definitely been feeling the bruises and bumps of a down market and for awhile I began to feel swallowed by one negative impact after another. That is until my husband and business partner John reminded me that there are some things I simply cannot change. What has impacted me is what I can change and still accomplish goals I have set. With some time available I have found brushing up on additional training has helped to keep me focused in leading this company through today's challenges. I'm overhauling my accounting system, revising marketing plans and beginning to recruit. All of the items that had been on the "to do" but never got done are now taking priority. Don't get me wrong the slow down has been awful hard for a workaholic who thoroughly enjoys the art of pairing buyer to home and borrower to loan, however times have changed. From the luxury market of high-end retail to every other industry in some way linked to the real estate market, it's been a real struggle. Some positive news that can really impact homeowners today is the decline of interest rates. Folks looking to refinance and attain a lower interest and payment are seeing a 30 yr. Fixed Loan in the 5-6% range depending on loan amount, credit score, value, etc. For First Time Home-buyer's low interest rates and only 3% down payment can really assist in finding a great "fixer" in the foreclosure market. The City of San Diego First Time Home-buyer still has funds to assist buyers with low-rate, fixed loans to achieve the American Dream of ownership. An enormous surplus of inventory leads to more choices for buyers at substantial discounts. For those unable to sell or refinance, a loan modification may be the route to discuss with your lender or attorney. If we can hang on and make it through these hard times, there may just be a pot of gold at the end of the rainbow.

"Waste no tears over the griefs of yesterday". (Euripides)