Pushing the Reset Button

PushingResetOk. Huddle up y’all.   Gotta get busy.  Time to hitch up our big boy pants.  We’ve got a real estate market to run.

Specially here. Specially now.

Can’t shirk our responsibility any longer.  Can’t dodge our duty.  Or cop out on our commitment.  Someone’s got to do it and it might as well be us.  Realtors R Us, afterall.   And the clock is already running on 2013.

We’re done being passive.  No more whining. No more slack. No more woe is me. No more laying back, patiently waiting for something/someone else out there in the economy to grab the bull by the horns of the dilemma, take the reins, carpe that old diem and lead real estate out of the wilderness and back into the sunny promised land of milk and honey and  20% appreciation every year for the next twenty years so we can keep tapping the bottomless well of equity in our HELOCS –  and buy lots of boats and new cars and ski vacations and tons of other cool stuff… ad hoc ad infinitum ad nauseum.

Whoa. Whoa is me.  Hold on there big fella.  Let’s not get too far ahead of ourselves.  We just got past the bottom. We’re slowly climbing up.  How about if we take one small baby step at a time?  Maybe we can just be content to learn to crawl again before we try to leap over too many monster homes or juggle too many escrows at the same time or leverage our behinds to the hilt.

Back to the point…  Since the debacle of 2008, real estate has been looking outside itself for some form of magical thinking to materialize, give it a good shot in the arm, dispel all the fears and turn everything around.

Something like a giant wave of IPOs flowing over the hill – a thousand Facebooks each launching a thousand millionaires each hoisting their own sale along the sandy shores that line the Monterey Bay, ready to cash in on some surf and silicon-laden turf to stash in their newly minted asset allocation portfolios.

Didn’t quite happen did it?  Face-plant is a better description. At least to date. And not a whole lot of other new IPOs have had the courage to follow in the wake of its underwhelming performance.

Meanwhile,  back at the ranch, all this time everyone else on the planet has been waiting for real estate to wake up, step up, get the lead out and lead.  Just like it has almost always done in past recoveries.  Nothing creates jobs and gets money circulating through the economy – trickling up and trickling down – like a good old fashioned,  solid, everyday real estate market.

Real Estate in the Goldilocks Zone. Not to hot. Not to cold. Just right.  Regular people. Regular lives. Regular sellers. Regular Buyers.  What a concept!

So here we are on January 5th.   Pushing the reset button.  Ringing in the new year with a resounding refrain and resolute belief in our own resolutions.  In my head I hear the immortal words of Kevin Costner in his albeit less than immortal film – The Postman. Who among us wasn’t on the edge of their seats, practically moved to tears,  suffused with an inner call to righteous action when he intoned these inspiring words in his signature monotone: “ Stuff is getting better.  Stuff is getting better everyday.”

There you have it.  Motivational speech almost over.  I know how fired up you are. Let’s repeat the team chant/mantra one more time:  “Om Mani Gimme Sum.”   Now say it five times really fast before we break huddle, thunder through the tunnel, and burst onto that field.  We’ve got our work cut out for us.


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