The election is over and all are questioning what happens next. What will happen to our economy? How will our housing market be impacted? What about interest rates?
These are the questions that are keeping mortgage people hopping and phones buzzing.
Here’s the answer – no one knows.
What we do know is that change is constant. Change can be inspirational and create tremendous opportunity for those who can embrace change and take it on with confidence.
The real estate and mortgage markets have had periods of huge disruption through out the decades, and in the end houses will still sell, families will always move, sell their last house, move and buy the next one. Change is inevitable. People will still need to cash out to renovate or pay for college, consumers move up and down and refinance for all kinds of reasons.
No matter what happens, demographics tell us that millennials are rapidly approaching home buying age and the next 10 years are expected to be some of the greatest years for first time buyer activity that we have seen in decades.
Don’t worry about what’s going to happen or what direction our country or economy or industry is heading and start thinking about where opportunities are for you to grow your business. What challenges are you especially prepared to manage for the consumers you serve, what expertise do you possess which sets you apart from your competition?
Focus on what you can manage and control in your business practice. Optimism wins in sales (and in life) every day.