1. We are in a challenging time both politically and economically. That said, there are usually some very interesting opportunities that present themselves in difficult times. You just have to be ready to move.
2. Turn off the mainstream media and start looking at the numbers. The media is now in a hysteria over everything now and to base your buy/sell decisions on magazines and newspaper articles could be hazardous to your wealth.
3. Our team has ridden through many market cycles and this is a tough one. What we are advising our clients to do now is to keep looking for deals but be careful of the downside risk. But above all, don’t hide from the market.
4. Use a professional agent in real estate. Well, an obvious plug but we are watching the market every day and we are talking to other brokers constantly. We may catch things that other non-industry people never see.