Showing posts with label law. Show all posts
Showing posts with label law. Show all posts

Monday, October 20, 2008

InVigOraTing



The days are whipping by in a crush of real estate, parenting, and horsetraining. For a market that isn't moving, it is providing loads of work, albiet not many sales..... Hopefully the market will begin to dribble on forward as we move past the election. On the note of Law being more lucrative than realty right now, my father "the best attorney I know" weighs in that no-one has money to pay for a lawyer right now, so unless you run a bankruptcy clinic you are still feeling the pinch. Good to know..... At least I actually ENJOY real estate as a career!

I started another 10 week BOOT CAMP session. This is part of "paying myself" with good health (I think maybe this was some sort of resolution, or maybe just too much Oprah watching....) The last session was cut short with my injury. I am now operating at about 90% so I hope to make more gains this session in fitness.

On the credit crisis, the banks are all saying locally that they have plenty of money to lend. The catch seems to be that it is available to well qualified borrowers (read top credit scores only please). Hopefully some of the banks will begin to loosen their hold on this ready cash and begin to lend to the slightly less qualified borrowers!

Monday, October 13, 2008

Feeling the PINCH

As the days have passed I have begun to contemplate how the current financial crisis effects me directly. It is all beginning to trickle down and I can clearly anticipate how this might affect me in the coming months. People are tightening their belts in anticipation of a long recession or depression (which I admit reflects my current state of mind!) All the pundits on TV are recommending paying down your debt and living within our means. This is wonderful advice and advice that I fight like most Americans on a daily basis. We all buy in to the fact that we can have it now and pay for it later. Living in a state of deferred payment makes for deep stresses that impact my daily life and the life of many around me. Many of my clients have seen their investments dwindle in the past weeks. Several of my long time clients are involved in finance and are facing heavy stress right now. I can only wonder if my horse training business will be impacted by belts tightening.....I know the housing market is grinding to a big pause right now. My buyers are struggling to find houses to view as few new options are making their way on to the market. My sellers are fielding "low ball" offers from investors looking to pick up a bargain. This all leads me to think of my colossal ill timing on becoming a realtor. I love my job. It is fun, exciting and I have made some wonderful new friends. I guess my mother was right, that law degree may be a good thing to fall back on one day.......