Costa Mesa's Neighborhood Blog

A blog about Newport and Costa Mesa with an emphasis on Costa Mesa Real Estate and Newport Beach Real Estate, written by a lifetime local resident of coastal Orange County whose knowledge of the area, combined with a strong background in mortgages, real estate and being an attorney, gives her clients many advantages.

I Refuse to Participate in a Recession

Turn on the evening news, read the front page of the paper, flip to CNN, turn on news radio and you'll hear that the stock exchange is down, the world economy is crumbling, banks are failing, and real estate is tumbling. 

 

 

negative economics

 

It would be so easy to fall into a depression just from thinking about all of the potential economic problems.

With all of the negativity, the concern, the frustration, I found I had a decision to make.  I know that some people make more money in tough times than in great ones.  I know that some become millionaires despite what most would term a poor economy.

I came to the conclusion that I could have a pity party, bemoan the current situation and things about which I have no control, or I could take control of my life and the things I can control.

I could look for the positive.  I can look at the fact that the affordability rate has gone up significantly in Orange County over the past several years, that lower housing prices make the American Dream a potential reality for more people, that there are home owners who need my help more than ever, that interest rates are still low, and I can choose to vibrate at a higher, more positive frequency and choose to help others to take advantage of the possibilities.

And, I have learned that making this choice makes many things possible.  I received notice from a lender two days ago that they have accepted my short sale package for a listing.  I have seven buyers actively looking, several of whom have already made offers for homes.  I have a high end lease, and I have just learned of a duplex about to come on the market that may be just what one of my buyers has been wanting.

I have decided rather than having a pity party, I will take advantage of the current economy and turn lemons into lemonade.

Is anybody else tired of the doom and gloom?  Does any one want to join me in the sunshine and find the positive rather than focusing on the negative?

happy Davidhappy face

happy Dylan

 

I invite you to add your smiling face in the comments below.   Let's take a positive attitude and see just how far we can go with it. 

 

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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.

Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.

If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes.  Click the link if you are interested in buying a home at a courthouse auction sale.

Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

Federal Government Disclaimer (MARS) 

  1. You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender [or servicer]. If you reject or accept the offer, you do not have to pay us.  
  2. Christine Donovan, DonovanBlatt and Donovan Group are not associated with the government, and our service is not approved by the government or your lender; and 
  3. Even if you accept this offer and use our service, your lender may not agree to change your loan.

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