No matter what your resolutions are for 2019, I want to help. Here is some great advice for you to follow.
Welcome back to another edition of “Tuesdays With Todd.” In a recent interview on Facebook Live, I answered some common questions and discussed some details about our real estate market that you should know. But first, I want to take a moment to discuss New Year’s resolutions and how you can accomplish them.
I know the holidays can be a big downtime, especially with all the family, work, and other commitments you have. This feels like a time where it would be nice to curl up with a good book or binge watch an entire season of a new show. However, if you have a goal that you absolutely plan to accomplish in the new year, why not get a jump on it now? You don’t have to complete the entire thing today, but it’s smart to start planning early so that you know what you want to do before you do it.
What is it that you really want in 2019? Break it down, research it, and commit to that. It will help you out in the long run. It takes time to realize a resolution, and most people won’t get there. However, you don’t have to be an expert. You don’t have to train like a professional athlete or study like a top mind- you just have to do your best.
Once you have a goal in mind, make a plan for how you’re going to start your year. What concrete steps can you take to help you accomplish your goal? Once you start planning these activities, you’ll know you can do it. Then, all you have to do is commit and stay committed to the task.
There’s a big difference between commitment and motivation. Motivation comes and goes, but if you commit to a task and commit to yourself, that will lead to your motivation in succeeding in that plan.
If your plan is to buy a home in 2019, I’ve got some great news for you: With all the downtime during the holidays, it actually ends up being one of the best times to buy a home. The market isn’t very busy during this time of year. If you start your research now, then make an action plan with a professional Realtor, it will make things a lot easier. You’ll have a lot less competition as a buyer because most will wait until the new year. If they don’t wait until then, it means they are very serious about buying. With less competition for you, you’ll have better odds of getting a good deal.
During the holiday season, houses are also priced more modestly. The beauty of this is that there isn’t as much going on in the real estate market. If you’re financing a property, for example, you can close on a loan much faster this time of year. We’ve seen transactions go from contract to close in just 21 days, which is practically unheard of.
Some more good news for buyers is that we still have interest rates below 5% for a 30-year fixed rate mortgage. There are also plenty of programs out there for first-time homebuyers, not to mention the great deals on new furniture and appliances toward the end of the year.
I hope you learned a lot from the video above. If you have any questions about meeting your goals, buying a home, or about real estate in general, don’t hesitate to give me a call or send me an email today. I would love to talk to you.