Mindful Monday - Awareness in a Shifting Market

About This Talk

The housing market is shifting, and Chris sees it as part of a larger change: the old post-World War II economic patterns giving way to a new post-pandemic world. Markets are complicated and always moving, he says, and the one thing we control is how we react. He offers seven steps for meeting any shift, in business or in life, and warns against doubling down on what no longer works.

Key Ideas

• Nothing rests and everything changes, so a shifting market should come as no surprise.
• We can’t control the market, the economy or interest rates; we control how we react, and that shapes the outcome.
• When things shift, get educated, get curious instead of judging, trade observations with others, and look again at your tactics.
• Be realistic, because hope is not a strategy, then write down the changes you’ll make and keep moving forward.
• When old habits stop working, don’t double down; put that energy into new tactics and work smarter.

“Things aren’t good or bad until we label them.”