What I learned in 2016

By
Real Estate Agent with The Keyes Company 3195704

What I learned in 2016, for sure will help me in 2017.   Politics  has been wacky, my deals were a bit wacky now that I look back at them. Seems like everything is changing a but faster, or I am just slowing down more maybe. Companies  are have issues such as exploding  cell phones  or e-smokes. drug companies  at least two of them raised there prices for no real good reason on their product  by about 400% the other 1500%.

So I walk away with 2016  telling myself expect the unexpected. Expect sudden change and other road blocks. With President Elect Trump I already see sudden changes. He managed to seat his entire cabinet and many other positions in a few short weeks. The stock market has been riding a bottle rocket in the past few weeks. Stocks are going up as well as bonds ( not  a normal pattern ),  and of course interest rates are inching higher.  Janet Yellen is saying that 2017 may have 2-3 rate hikes.

I'm not yet ready to jump on the band wagon  that 2017 will be a barn burner  of a year  yet. I will admit  I am a bit nervous,  too much, too fast  to digest. For sure with interest rates on a up tick  Buyers will find they have less  money to buy with. Too many change in a short period of time my cause buyer to be cautious,  to see what the future will look like  before making a decision. I a bit more cautious in my comments now days.

I have even read that a few economist feel that the economy will be slow until 2023.   What do you think 2017 and the future will look like. Are we moving too fast ?

Comments (2)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Chuck, I too think most of 2016 was a bit wacky, including the transactions.  Hope 2017 is prosperous for you!  

Dec 26, 2016 07:11 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Chuck well said, indeed things are moving faster and faster, like being on a treadmill either you keep up or you fall to the wayside... Technology has been moving at lightning pace too, I still remember my suitcase Motorola phone and that was less than 20 years ago:)) Endre

Jan 20, 2017 09:27 PM