My first meeting this morning one of the questions asked was, What’s up with this virus? I’ve had it asked many times in the last few days in person, on social media, in emails. I don’t take things like this lightly. I try to pay attention to these things so I know what I need to do for myself and those around me. I don’t take medicines well; I react differently to some of them so I try not to need them in the first place.
Well, here’s this virus. It’s either no big deal or its really really bad. I can find stories for both outcomes. One thing is for certain, its pushing billions and billions of dollars around!
Conferences are closing or postponing. The Arnold Classic in Columbus, Ohio terminated, South by Southwest in Texas, Emerald City Comic Con in Seattle, Ultra Music Festival in Miami, Ivy League Basketball Tournament, Valuation 2020 postponed to July, and various artists postponing or cancelling concert tours. And then we have the Joe Schmoes, and all the other Tom, Dick, and Harry’s that are changing vacation plans and cancelling cruises.
These events pay lots of different people in different ways. Speakers, promoters, organizers, attendees, not to mention the hotels to house them and the airlines and rental cars that would have gotten them there. The restaurants and gift stores that rely on the extra traffic. All those businesses lose money.
The one thing I would say about this is that it sure seems like we’re letting our fear get the best of us. Have you seen the pictures circulating on social media? I mean, Wow! Maybe we should just stay calm, be diligent and try not to do anything to put ourselves in harm’s way. If we do get sick, we need to vigilantly follow the procedures to protect ourselves and the people around us. Other than that, …our fear is doing more harm than the actual virus is.
It just doesn’t make sense!
It does, however, make me reflect on the value of our homes. Not from a monetary or appraisal standpoint, but as a refuge. A place where we’re safe and comfortable, an environment that we can control. Your home is your castle, and it’s an important component of this crazy chaotic world we live in.
Interest rates are at an all-time low and it’s still a great time to buy a home or even refinance the home you’re in. At HISER & CO Real Estate Professionals, we can help you with the purchase of your first home or guide you in your move up to a bigger better one. We have alliances with some of the best lenders and mortgage companies in the area if you need guidance to refinance. Whatever it is that you need, we’re here to help you!