“Nobody’s gotta worry ’bout nothing. Don’t go hitting that panic button. It ain’t near as bad as you think. Everything’s going to be alright. Alright. Alright.” – David Lee Murphy & Kenny Chesney

As you read real estate and mortgage industry related headlines, just keep repeating those lyrics over and over again. You will read things like:

“Home prices are outpacing wage growth.”

“Inventory is at historic lows.”

“Interest rates are rising.”

ARM loans are making a comeback”

If these headlines are getting to you and you’re starting to believe things are getting “Chicken Little, the sky is falling” bad, just stop, drop, and roll. Why would you stop, drop, and roll? Because it is a ridiculously fitting response to the most ridiculous set of unwarranted fears.

There is nothing unexpected about today’s home buying or mortgage markets. There is nothing untrue about the details supporting those headlines. All those things are happening to a certain degree.

We all knew rates would eventually tick up. The treasury has been telegraphing that for months. We all expected home values to come back—maybe that comeback was helped a little by the lack of inventory. We have known for a while that inventory was likely to remain low. All those things are happening, and while not great, they’re not as bad as some might want you to think.

It is going to be new and it is going to be different, but there is no need to “worry ’bout nothing” or to “go hitting that panic button.” Unless you’re not willing or able to adapt, “everything’s going to be alright.”