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No to the Fear Mongers The Real Estate Sky is Not Falling

Real Estate Agent with Dirt Road Real Estate SA676002000

The media outlets and real estate information forums, newsletters, websites, etc. continue to predict that real estate sky is falling and woe to real estate agents.  Funny thing about predictions, they are usually wrong.

Remember all the hysteria about Y2K bug and the 2000 scare?

Then we had all those false predictions by so called experts such as Bill Gates who said in 1981 “640K ought to be enough for anybody.”

False predictions create fear and unfortunately human beings are conditioned to fear, a vestige of our much earlier human evolution and development.

I remember back in the 1980’s when working in corporate between the gasoline shortage, lines at gas stations, housing interest rates of 14% plus and all of those continued dire predictions. Then we had those climate predictions where in the late 1950’s a mini-ice age prediction surfaced and now in 2024 that prediction of a mini ice age in 2030 has re-surfaced again.

How about  all those predictions about eggs being bad for you and then the predictions were reversed and suddenly eggs were good for you?

When we live with the fear factor, we are not focused on the opportunities, but rather the limitations. For forward thinkers who are understand fear, but do not allow fear to drive their mental thoughts, their attitudes and their actions we can repeat the words of Paul Atreides from the novel Dune by Frank Herbert:

“I must not fear. Fear is the mind-killer Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.”

Then we can embrace the word of President Dwight Eisenhower who said:

“Plans are worthless; planning is everything.”

  • Now is the time not to fear
  • Now is the time to invest your time in planning
  • Now is the time to plan your work and work your plan

Feature Photo Courtesy of  Pixabay.com

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Posted by

Leanne M. Smith, MS, GRI, rCRMS

2018 KGVAR Rookie Realtor of the Year-55+
219.508.2859 MST
Life Begins Where the Pavement Ends
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Leanne and there you go again with another great blog to share with us here in the Rain.  Make it a great day!


Mar 27, 2024 09:23 AM
Leanne Smith

Good morning Will Hamm and thank you as always for the kind compliment.

Mar 28, 2024 05:55 AM
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

I have learned, over the years, that "they" (regardless of who "they" are... whether they be Doctors, Lawyers, Scientists, Politicians, Realtors, Pundits, etc...) don't know anything.

At one point, Scientists were certain that the earth was the center of the universe.  The best wisdom in the medical field was that most ailments could be cured by "bleeding" the bad humours from a person.  Doctors were certain that babies should be put in the crib on their stomachs, no wait, on their sides, no, no... on their back... .wait... no blankets...  with pacifiers... without pacifiers.... you know what.. probably safest if you just don't have babies!

Mar 27, 2024 03:56 PM
Leanne Smith

Good morning. I read your response to my husband and he chuckled. Thank you for joining this dialogue. Good morning to you.

Mar 28, 2024 05:54 AM
Kris Collis, Associate Broker
Smart Way America Realty - East Stroudsburg, PA
Professional Results you Expect 570-801-5525

Leanne, President Roosevelt said. We have nothing to fear but fear itself. No fear ever.

Mar 27, 2024 10:14 PM
Leanne Smith

Yes he did say that and  fear is a mind killer.

Mar 28, 2024 05:53 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

We are on the same page, I am closing on a vacant lot Tomorow and another one is Pending... and negotiating three new listings... all because people agree with you, Endre

Mar 27, 2024 10:41 PM
Leanne Smith

Right now 6 in escrow and along with four new listings (all vacant land) in negotiation as well.  Life is good thought crazy busy.

Mar 28, 2024 05:53 AM
Scott Seaton Jr. SLS Home Insp
SLS Home Inspections-Kankakee Will Iroquois Grundy Counties - Bourbonnais, IL
The Home Inspector With a Heart!

I've had a few conversations with agents and their consensus is that it's going to clear out a bunch of the part time agents that never got into real estate to help anyone but themselves. Probably do the same for home inspection companies as well. 

Mar 28, 2024 05:48 AM
Leanne Smith

I believe some less than professional agents will leave the industry and possibly even some less than ethical ones as well. Thank you for your thoughts.

Mar 28, 2024 05:51 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Leanne - why, 2K, why?    

Mar 28, 2024 05:59 AM
Leanne Smith

I am smiling at your response Michael Jacobs 

Mar 28, 2024 06:05 AM
Michael Jacobs

Leanne Smith - Mission Accomplished.  At least for the day.  😃

Mar 28, 2024 06:10 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I sure do remember all the hysteria about Y2K and the 2000 scare.

The real issue for me is:  Are we talking about "predictions" or are we being brainwashed to believe a narrative to push false information?  Methinks it is not predictions.  


Mar 28, 2024 07:59 AM
Leanne Smith

I believe we are on the same page about these predictions. My sense these predictions are money driven.

Mar 28, 2024 08:25 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

When we watch with open and 'seeing' eyes, it is entertaining to watch the news media latch onto anything they feel will sell their programs.  Truth be damned, it is all about the hype and we see it time in and time out.  It is no less entertaining to see all the 'professionals and experts' on social media take up the chant of issues they have not a clue about.  Mark

Mar 28, 2024 08:34 AM
Leanne Smith

Well stated and thank you Mark Don McInnes, Sandpoint-Idaho for adding to this I believe important dialogue.

Mar 28, 2024 08:45 AM
Ben DeHaven
Haven Realty & Investments - Lakeland, FL
Proudly serving Winter Haven & Lakeland, Florida

I've started unsubscribing from all the junk emails pushing their narrative on the situation. It'll pan out and we will adjust just like we always do. 

Mar 28, 2024 11:57 AM
Leanne Smith

Yes it will as you say "pan out." Adjustment will be needed as with all changes. Thank you for continuing this discussion.

Mar 29, 2024 04:43 AM