Price Paralysis and Timid Tenants

Splits and Caps Daily: Action for Agents

January 1, 2025

📈 Market Move:

Stagnant Sales, Steady Stays

It’s a tale of two immovable forces: sellers clinging to stale listings and renters staying cozy in their current digs. Despite inventory hitting a four-year high, more than half of homes have been sitting for 60+ days. The problem? Sticker shock. Well-priced homes get snapped up in days, but overpriced ones are gathering dust.

Meanwhile, renters are digging in. Sky-high home prices and flatlining rents—thanks to a flood of new apartments—have made moving less appealing. Nearly a third of renters have stayed put for over five years, a trend that’s only growing.

The result? A market with plenty of options but little action. For agents, cracking this code will be key to success in 2025.

🌟Quote of the Day:

"Limitations live only in our minds. But if we use our imaginations, our possibilities become limitless." — Jamie Paolinetti

⚡ Quick Win:

Declutter Your Digital Life: Start the year with a clean slate—literally. Unsubscribe from junk emails, organize your cloud storage, and set up folders for 2024. You’ll feel like a productivity ninja by lunchtime.

🎉 Fun Fact of the Day: 

Record-Breaking Resolutions: January is one of the busiest months for new home searches. It's like everyone’s New Year’s resolution is to find a new front door.

📚 Book Recommendation:

"Can't Hurt Me: Master Your Mind and Defy the Odds" by David Goggins—Let’s talk about the ultimate cheat code for mental toughness: "Can't Hurt Me" by David Goggins. This book is not just a story; it's a straight-up wake-up call to stop feeling sorry for yourself and start pushing past limits you didn’t even know existed.

Goggins? He’s the guy who ran a 100-mile race with broken feet, did over 4,000 pull-ups in a single day, and, oh yeah, was a Navy SEAL. But what makes this book fire is how Goggins breaks down the mindset that led him to push through insane physical and mental pain. He calls it "callousing the mind." This isn’t fluff about motivation. It’s hardcore, no-excuses wisdom on how to use suffering to get stronger.

If you’re tired of hearing people say “you’re doing great” when you’re barely scraping by, read this book. It’s a hard truth that will make you realize the only person standing in your way... is you. So, get ready to flip your mindset from “Can I?” to “Watch me.”

If you're looking for an easy ride or soft self-help, this isn’t for you. But if you’re ready to embrace pain as your personal growth coach, pick up "Can't Hurt Me" today. And then go out and do something that scares you. Goggins would.

Success isn’t about waiting for the perfect moment, it’s about creating the perfect moment—starting now.

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