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Monday Morning Coffee - The Weather #in

By
Real Estate Broker/Owner with Pareto Realty TN #251071

Monday Morning Coffee - The Weather #in

 

Good Monday morning to ya!

I just got back from my morning walk with Apollo. We had quite a treat when we stepped out the front door @ 5:10 . . . COOL (@ 70) and CLEAR and not too humid. We both rejoiced and enjoyed a brisk 2 mile walk and for the first time in a few months returned non sweaty and refreshed.

Apollo was wet . . . he dove into a sprinkler.

Got me thinking.

One thing we absolutely cannot control is the weather. (as if we can really control ANYTHING)

The weather does what the weather does.

All we can really do is anticipate (predict) the weather and RESPOND accordingly by dressing appropriately . . . or changing our plans . . . or creating contingency plans.

We all have done just fine dealing with the weather for however many years we have each been on this planet.

Certainly the weather is significant in our lives because it tends to be the first thing folks talk about before getting down to business.

Speaking of business . . . and weather.

The business climate has it's own weather cycles and patterns . . . and is equally uncontrollable (although many politicians believe differently). The business climate happens . . . and we respond best we know how.

JOBS and REAL ESTATE SALES!

It seems to me that when the economic weather gets rough, the 2 sectors of the economy that get the most attention by the press are jobs and real estate sales. Real Estate sales affect jobs because home construction and improvement might be the last hold-out of manufacturing in the USA.

Manufacturing houses (for the most part) has to happen on US soil.

The Nashville Business Journal published an article last week that caught my attention. The title proclaimed that more than 40% of corporate executives are dissatisfied with their jobs and intend to abandon their positions at the end of the summer break.

REALLY?

WHY?

There were a litany of reasons:

Distrust in Leadership

Not compensated as originally promised

Lack of Corporate VISION

"Don't like" their boss

Boss takes credit for their accomplishments

and the list goes on . . .

If they all quit, where will they work?

Will this exodus from corporate executive jobs increase the National unemployment figures?

I think not.

Many of these executives will "go it alone" and spread their entrepreneurial wings. They will likely shift to other industries . . . or create new companies to support the industry they know best.

Interestingly, I have seen a decent flow of these kinds of folks flowing into the Real Estate industry as investors or Real Estate Sales professionals or developers.

Guess what?

For most of them, it's like ducks to water . . . they hit the pond swimming and tend to do quite well.

Why?

They know how to do business and succeed in any economic climate. 

We believe that NOW is the PERFECT time to start something new.

Thanks to the weather :-)

Now is a wonderful time to buy real estate (rates are crazy low and values are reasonable) and an equally wonderful time to sell (we just listed a home and sold it in 5 days) and would love to talk with you or anyone you know about your opportunities in this real estate market climate whether they be a home or an investment property.

Enjoy the weather this week . . . the weather man says it's gonna be cooler :-)

I'm just sayin'

Best,

b

Posted by

Barry Owen

Founder
Principal Broker
Pareto Realty
Nashville, TN

615.502.2080
www.paretorealty.co  
Call me: 615-568-2123
email me: barryo@comcast.net

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Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

You are right on a lot of issues. It is a perfect time to buy. And, of course, housing and jobs are the key indicators!

Aug 23, 2010 01:13 AM
Michele Miller ~ REALTOR®, LMC, HSE, CHS, SRES, CMRS
ERA Key Realty~Worcester County Realty Group - Worcester, MA
'Helping You Make the Best Move"

Barry,

Interesting Monday Morning post! We need more jobs to boost the real estate market, for sure!

Aug 23, 2010 01:13 AM
Chris Hill
Century 21 New Millennium - California, MD
Your Southern Maryland Real Estate Professional

You know I always wondered how people got along without the weather report? No wonder people always discussed the weather, no one knew what it was gonna do. I am completely with you on the "cooler" real estate weather. Inventory is slowly being used and prices are low along with the rates! We can only pray for no hurricane.

Aug 23, 2010 01:15 AM