Today's Headlines - Realty Times

"By choosing our path, we choose our destination." Quotemaster.org 

When you are looking for the quickest and easiest path up to your mountain, take the Mountain Trail Guide Sherpa with you.   A good financial advisor, a good economist, and a knowledgeable mortgage professional are like Trail Guide Sherpas. They are standing at the top of the mountain, looking down along every trail. When asked, the financial trail guide can point clients to what looks like the best trail to get to their destination. 

Let's take a look down the paths of homeownership:

1. The median home price this week of $363,300 is up over 23% year-over-year. The media is saying it is a Home Affordability Crisis.   But remember that Median Home Price does not determine affordability.   Affordability is determined by the relationship between home value Appreciation and wages.    Appreciation is only up 14% year-over-year.   People are also coming back to work with Pandemic Unemployment Assistance Claims falling by over a million.

2. The higher home prices do put pressure on first-time homebuyers. However, first-time homebuyers are still making up 31% of home sales over the last five months.   Cash buyers made up 23% of homebuyers, up 16% from last year.  Investors purchased 14% of the home sales, down 17%, which is a pandemic low.

3. Inventory of homes for sale is still down 19% year-over-year. Still, Chief Economist for National Association of Realtors, Lawrence Yun, forecasts that we will see more houses being listed for sale later this year.

4. Real estate economists are still predicting that the value of homes will continue to increase, even when mortgage rates start to climb. The serious lack of homes for sale and the tremendous buyer demand are being followed by an emerging Millennial and Z-Generation buyers market eager to own their own homes.

5. Mortgage rates are the lowest we have seen since February. So the big win for homebuyers is to lock in a low, fixed-rate mortgage on a home where they can build equity and wealth. 

The best realtors and mortgage professionals want every tool at hand for helping their clients overcome obstacles and feel good about their real estate decisions. Subscribe to one or two reliable real estate market news sources. Connect with your local Multiple Listing Service.  Lunch and Learn meetings and real estate sales meetings are great places to learn about various mortgage programs.   

Posted On Monday, 26 July 2021 00:00 Written by

2021 has been a far from typical year. As everyone tries to find what the new normal looks like, we all are trying get ourselves adjusted. As we approach August, we realize the next “new” hurdle will be getting everyone in the family on track with the new schedules and timing of all the kids going back to school.

Back to school in any other year takes some getting used too. In 2021, with most of the country sending their kids back to school on a full-time basis is going to take some extra work! These time and schedule adjustments, even for those without children, can become a real challenge. I for one do not have any children living with me that are going back to school. However, the entrance to my community is on the same street as a school. Everyone that lives here knows that you must work around the school activity both in the morning and the afternoon or run the risk of getting tied up in traffic as the kids are dropped off and picked up!

It may sound silly, but with the year away from doing this, it could be quite an adjustment. It can also become an issue for those who have children that are changing schools and adjusting to new schedules. It’s not always just as simple as getting them out the door, it also is being sure that their full schedule allows for a smooth transition from home to school and then back again.

With these issues also comes a series of opportunities. Time, location, transportation, and a combination of schedules may open the door to mortgage and real estate choices to help manage it all. Remember, even as the kids go back to school, some parents are still working from home. While it may be helpful, it isn’t without its challenges. Without a clear break, some parents find it difficult to shift from parent mode to work mode without going to the office.

Refinancing the current home and updating or renovating could be a solution! New bedrooms, bathrooms, home office, or complete makeover could do the trick. However, the situation may require a complete change, and now listing, selling, and buying the next home become a reality. So be sure to connect with your database and ASK them how things are going and see if you can help them get back to school without their home becoming part of the problem.

Questions or comments: This email address is being protected from spambots. You need JavaScript enabled to view it.

Posted On Monday, 26 July 2021 00:00 Written by

We are now sure that includes Sha’Carri Richardson, the 5’1” Texan sprinter who won the 100-meter United States Olympic Trials in Oregon earlier this month. Later she was disqualified. Did she “jump-the-gun”? Did she interfere with her competitor in the next lane?

Nope! This 21-year-old LSU freshman ran that 100-meters in 10.86 and is one of the 10-fastest women in the world. She says she is “only human.” Ha! it must be added that with that speed, she is more super-human. She said her role model was Florence Griffith Joyner, a former UCLA Bruin who died from suffocation in her sleep due to an epileptic seizure some 3 years ago. Flo-Jo is the current 100-meter world record holder at 10.49- just about one-half second faster than Richardson’s mark in Oregon.

Sha’Carri’s disqualification was the result of her use of marijuana prior to that race at the Olympic trials. The US Olympic Track and Field Committee, while under some scrutiny for its position on the use of marijuana, made it clear to all Olympic trials’ athletes that pot is against the rules. Richardson’s test following her outstanding achievement discovered the use of that banned substance.

Richardson is to be congratulated for her sportsmanlike response to such a personally devastating defeat. From all that has been printed/noted, she accepted the Olympic committee’s decision with the heart of a champion! Since she was aware of the ruling, why would she knowingly violate it? The short answer is that she was informed (prior to that race) that her biological mother had recently died. It had a huge emotional impact on her.

If you saw that race, you noticed when Sha’Carri crossed the finish line with her orange hair flowing behind her, she immediately climbed into the stand to give a hug and big thanks to her grandmother, who raised her and gave her such positive reinforcements that encouraged her toward success. Yes, she will be a fan who watches on TV, while her teammates carry on with her only in their hearts and minds.

The question many are asking is: Did that use of marijuana help her physically to achieve that 10.86 Olympic Trials victory? While it was a banned substance, experts report it did not provide her with any physical assistance. For Sha’Carri its use was for her emotional stability.

Will you offer your thoughts: Should Sha’Carri have been allowed on this 2020 US Olympic T*E*A*M?

Posted On Friday, 23 July 2021 00:00 Written by


 Jennifer Larsen HeadshotJennifer is Assessments 24x7’s VP of Certification, Coach/Mentor, professional Values Analyst, and instructional designer for client customization and resource development. She specializes in helping clients, coaches and facilitators understand unique assessment results, and assists individuals and groups in personal and professional development.

Through educating others in improving communication, understanding critical thinking, embracing learning styles, evaluating emotional intelligence, and aligning behavior and values, Jennifer seeks to infuse others with a passion for learning and growing, encourage self-awareness, and impart simple, practical and applicable knowledge to help grow relationships and increase personal and professional effectiveness. Her career path has included individual and organizational development, secondary and adult education, customer service, corporate finance, and investor relations.

She holds a Washington State Secondary Education Teaching Certificate, a Bachelor of Arts in English with an emphasis in Composition & Rhetoric, a Master of Arts in Adult Education and Training, a Master of Science in Psychology, and a Master of Business Administration with an emphasis in Human Resource Management. She is also certified in a variety of training courses and development workshops with many well-known vendors.

She’s traveled all over the world sharing her passion and expertise, and training and certifying others to make a difference. Jennifer has delivered intimate and large-scale, public and private presentations since 2001 to corporate, educational, and professional development audiences on topics such as leadership development, self-awareness and personal growth, relationships between men and women, building effective communication, and quality training programs. Jen is also an avid painter, a professional singer, and a very busy wife and mom to a teenage hockey player. 

www.assessments24x7.com

Posted On Thursday, 22 July 2021 00:00 Written by


RellyNadler HeadshotDr. Nadler is the founder of True North Leadership, Inc. an Executive and Organizational development firm. He was educated as a clinical psychologist, has become a world-class executive coach, leadership and team trainer. He has designed and delivered many multiple day Leadership Bootcamps for high achievers.

All of Dr. Nadler’s executive leadership training programs and leadership development speaking services can be tailored for your organization or industry-specific needs. Please contact us for a personalized quote and information tailored to you and your unique organization.

A licensed psychologist and Master Executive Coach, Dr. Nadler has been working for more than 30 years with top executives and their teams to become “star performers.” He is the author of six best-selling leadership and team performance books, and is a sought-after speaker and consultant on leadership, teambuilding, executive coaching, emotional intelligence and experiential learning.

Dr. Nadler has coached CEOs, presidents and their staffs, and has developed and delivered innovative leadership programs for such organizations as Anheuser-Busch, Anthem, BMW, Comcast Entertainment, US Navy, and Vanguard Health. He has also created and facilitated team trainings for DreamWorks Animation, Comerica Bank, America Honda and General Motors Defense. He is recognized around the world for his expertise in linking emotional intelligence and hands-on tools to develop top performers.

Dr. Nadler received his B.A. from the University of Hartford and his M.A. in Psychology at the University of California, Santa Barbara. He received his Psy.D. in Counseling Psychology from the University of Northern Colorado. Dr. Nadler is on the faculty of The College of Executive Coaching since 2001, a post-graduate institute, that trains professionals in personal and executive coaching, and is certified in the use of Daniel Goleman’s and the Korn Ferry Hay Group’s Emotional Competence Inventory (ECI) and a Master Trainer for the Emotional Quotient Inventory (EQi 2.0) by Multi-Health Systems.

Currently, Dr. Nadler’s work involves identifying applications for how teams and individuals can increase emotional intelligence to become “star performers.” He has a popular blog on Psychology Today and is the co-host of Leadership Development News podcast with over 1 million downloads.

In his book, Leading With Emotional Intelligence , Dr. Nadler provides 108 tools and a hands-on curriculum to develop emotional intelligence in leaders and their team.

The Professional Staff includes up to twenty additional leading Psychologists, Executive Coaches and MBAs, who bring unique expertise to Dr. Nadler’s consulting and training projects.

Posted On Wednesday, 21 July 2021 00:00 Written by
Posted On Wednesday, 21 July 2021 00:00 Written by
Posted On Tuesday, 20 July 2021 08:05 Written by

Whether we ask Amazon’s Alexa to play our favorite song or shout “Hey, Google” before asking the device a question to help our child with their homework, artificial intelligence (A.I.) has been in the spotlight more frequently in the past few years in consumer applications.

In past articles, I have identified the implementation of artificial intelligence (A.I.) as being “helpfully cool”; however, its application in industries of all sorts is exponentially revolutionizing how we both think and work. Coupled with the disruptive nature of the coronavirus pandemic of 2020, A.I. is now far beyond the novelty it was originally considered to be.

Because of the versatility of A.I. applications and how quickly they are becoming applicable in everyday life without us even realizing it, the business disruption that comes with them is speeding up as well. Organizations that implement my Anticipatory Organization Model will have tremendous advantage in leveraging the power of artificial intelligence (A.I.) and, in turn, will stay ahead of the curve.

A Truly Disruptive Hard Trend

Looked at in the context of my Anticipatory Organization Model, artificial intelligence  is an ideal example of a Hard Trend—a future certainty that will happen. This Hard Trend is now not just a future fact, but one that’s accelerating in power and application at a predictable, exponential speed.

While many of us are familiar with A.I. thanks to those aforementioned consumer-oriented devices such as Alexa and Google Home, the fast-developing potential of artificial intelligence is becoming evident, especially after the disruptive year of 2020 and the coronavirus pandemic.

Another component of my Anticipatory Organization Model is the role of the Three Digital Accelerators, specifically, the exponential growth of computing power, bandwidth, and digital storage. These accelerators I identified as early as the 1980s are what drive digital disruption, and artificial intelligence is heavily reliant on those three, allowing it to take off in disruptive ways never thought possible. This disruption can, in many ways, make or break an organization and its processes.

Given those digital accelerators, many different kinds of products and services, especially A.I.-related, haven’t merely changed their markets or industries, they’ve thoroughly disrupted them and completely shattered the status quo.

Let’s have a look at a couple of different disruptive A.I. advancements that were not only already in motion before 2020, but were drastically accelerated by the pandemic, understand a bit about how they work, and think exponentially about how A.I. can be applied to your organization.

Robo-taxis

The pandemic certainly made physical contact with humans a difficult and nearly impossible task, as social distancing, mask wearing, and complete virtualization of processes for many organizations were necessary shifts.

Rideshare programs like Uber and Lyft saw a massive drop in their customer base thanks to the pandemic, and for many start-ups working exclusively with A.I. in the automotive industry, this pandemic obstacle became the occurrence they needed to take the leap in transforming public transportation.

Robo-taxis are just as they sound, self-driving taxis fully powered by A.I. The functionality behind A.I. in the automotive industry is largely similar to a bat’s sonar ability. The built-in features use a type of sonar to detect danger and obstacles, diverting the vehicle from potential collision.

At the tail end of 2020, Tesla founder Elon Musk promised that in the coming year, there would be at least one million Tesla robo-taxis that function in an Internet of Things (IoT) framework, where you use a smartphone app to hail them. Around the globe, China also released a large network of robo-taxis, benefitting the need to slow the spread of the coronavirus from person to person while also keeping public transportation moving.

More Efficient Operation

Manufacturing companies are not usually the first to implement A.I. and machine learning (M.L.); however, with the acceleration of those Hard Trends thanks to COVID-19, just as many are starting to see tremendous ways in which they can streamline processes and even go remote with others.

COVID-19 disrupted the status quo of many manufacturers in several industries in that not only did human contact have to be limited in a world dominated by physical workers, but logistics changed drastically as well. But as we bounce back, and as A.I. makes its appearance in the logistic world as commonly as robo-taxis and public transportation, A.I. applications make business processes in the manufacturing world far more streamlined.

Human beings cannot work around the clock, but machines can when necessary! Combining A.I. and M.L. with what is being referred to as the Industrial Internet of Things (IIoT), not only can manufacturing happen around the clock with less human interaction, but those individuals who do work during traditional hours can potentially operate remotely as white-collar workers had to during the pandemic and global lockdown.

Capitalize on Soft Skills

While my Anticipatory Organization Model helps businesses leverage accelerated digital disruption to their advantage, the collateral damage many employees worry about, especially as it relates to A.I. and M.L., is their employability in the industry. What happens if and when humans aren’t needed for tasks that were vital to their job description?

Well, that is where my Anticipatory Leader System for the individual comes into play! Recently, I’ve used it to discuss the importance of understanding your soft skills, or the art side of science. When a computer can program, what will the software engineer do? When a machine can assemble an automobile faster than human beings on the assembly line, where do workers fit in?

My Anticipatory Leader System uses the same principles the Anticipatory Organization Model does to train the individual on seeing the Hard Trends of their industry, think exponentially about them and their skills, and learn how to become disruptors themselves before being disrupted.

There will always be a place for humans in a digital world; as A.I. and machines learn how to do the math, science, and laborious tasks of past careers, humans will fill the sentient, creative side of those tasks. A robo-taxi can drive people where they need to go, but perhaps the once-driver of a taxi cab is now communicating with the person via remote telecommunication, keeping them company during transit or even aiding in a change in plans that an A.I.-enabled vehicle cannot.

How we as organizations or individual employees stay ahead of disruption, especially ones accelerated by the pandemic, is to pre-solve problems before they disrupt with anticipation.

Posted On Tuesday, 20 July 2021 00:00 Written by
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