24 Oct 2023
Week 190: How to Stay Focused and In Control in Today’s Real Estate Market
Week 190: How to Star Focused and In Control in Today’s Real Estate Market
None of what’s happening in the World is within our control.
We’re doing a pretty great job of filling our bodies and minds with anxiety.
We’re slowly eroding our souls.
And I’m not just talking about the real estate market.
Over the past few weeks, i’ve been told what to think, what to say, what to feel.
“How can you tali about real estate when _____ is happening”
“If you don’t say this, then you’re against me”
“You said this before so i’m gonna throw it in your face because you were wrong” ← the useless twitter trolls love to do this. They literally spend hours going through your content to find something you said and then bring it back up as a “gotcha” type moment. It’s an illness and they all need help.
And the list goes on.
The audacity of some humans who think they have any agency over what any of us say/think/feel. It’s insane.
I was sort of like that during COVID and I regret that.
I remember feeling like you were totally harming me if you questioned vaccines and mandates. Look, don’t get me wrong, i’m not going to hop on a freedumb convoy anytime soon but the past few years have taught me a lot of important lessons and have made more more self aware then ever before.
Now what does all of this have to do with Real Estate?
Everything.
We’re doing the same thing now. Just piling on more anxiety, trauma, alarmism, pessimism – toxicity is at an all time high.
Most of us are one inch away from a flipping breakdown. One more crisis, one more event, one more graphic image of people experiencing trauma, one more piece of negativity and it’s over.
We’ve been consumed by one traumatic event after another. From COVID to the Economy to Wars and everytihng in between. We’re innundatred with graphic images daily. We’re being desensitized every minute of every day.
We’ve lost the ability to have rational conversations and the ability to have contextual, nuanced conversations. We’re closing doors on people left right and centre.
But if I’m honest, i’m happy to close the door on humans that keep going on about 15 minute cities and how they’re designed to control you…any one of you like that? Help me understand your position there.
Anyway, what’s the point of all of this?
A lot of what you’re worried about isn’t real and you have no control over any of it.
You can’t control how the market performs.
What can you control? You can fight to keep your property if you’re in danger of losing it. You can find a way to reduce your expenses and increase your income. You can do the next right thing to move forward with your goals and dreams.
Perhaps start with asking yourself “what do I want?” it’s a powerful question in the path of self discovery and awareness.
What do you want? Take some time to answer that question. Like, really take your time.
You’ll find that the more you do this, the more focussed you become. The more you’re able to stay in your lane only focussing on the things you can control.
After months of this practice, you’ll be able to ignore the noise and surround yourself with the people, the professionals and givers who fill your bucket every single day.
Stay strong, everyone! We’re going to get through all of this, just do the next right thing.
What is the next right thing? Focus on what you want and make a plan and just do. Ignore the noise.
The market will be fine and so will you.
Book a strategy call to discuss your situation: Book a call directly with me for personalized advice.
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Urban Markets: Downtown & Surrounding Areas
House Average Price: $1,520,172
House Median Price: $1,351,000
764 Active Listings
59 Firm Sales This Week
Months of Inventory (MoI) 2.99 – UP from 1.82
Average Days on Market (DOM) 11.68
Condo Average Price: $775,294
Condo Median Price: $694,950
2753 Active Listings
74 Firm Sales This Week
MoI 4.82 – UP from 3.87
DoM 22.39
Rosedale, Deer Park, Moore Park, Forest Hill, & Lawrence Park
House Average Price: $2,480,364
House Median Price: $1,865,000
208 Active Listings
11 Firm Sales This Week
MoI 4.71 – UP from 2.78
DoM ~ 15
Condo Average Price: $1,427,250
Condo Median Price: $1,139,500
311 Active Listings
10 Firm Sales This Week
MoI 4.94 – UP from 3.48
DoM 24.50
Leaside, Davisville, Yonge & Eglinton
House Average Price: $2,343,860
House Median Price: $2,700,000
85 Active Listings
5 Firm Sales This Week
MoI: 2.75 – UP from 1.45
DoM 16.4
Condo Average Price: $702,500
Condo Media Price: $702,500
217 Active Listings
4 Firm Sales This Week
MoI 3.64 – UP from 2.82
DoM ~ 16.75
Birch Cliff
House Average Price: $1,131,000
House Median Price: $935,000
37 Active Listings
3 Firm Sales This Week
MoI 2.38 – UP from 2.03
DoM 3.67
Kingston Rd Corridor to Highland Creek
House Average Price: $1,389,200
House Median Price: $1,150,000
124 Active Listings
3 Firm Sales This Week
MoI 3.30 – UP from 2.53
DoM 21.3
Condo Average Price: $840,000
Condo Median Price: $840,000
67 Active Listings
1 Firm Sales This Week
MoI 2.72 – UP from 2.58
DoM 28
