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Kung Hei Fat Choy! This year’s new Chinese zodiac animal king – the Metal Ox, will bring a year of recovery, reclaim and discovery, according to feng shui Master Y.C. Sun. At the Silicon Valley Association of REALTORS® Global Business Council Lunar New Year celebration last Friday, Sun said the Metal Ox is known to have mythical power to stabilize a bad situation created by the Rat in 2020 and start the process of recovery.

Sun predicts by mid-June we should return to some form of “normal” life, and by next February 4, 2022, the year of the Water Tiger, “we will see a healthy community and a strong economy, as well as people are busy traveling and having fun.” This scenario is similar to the year of the Rat in 2008, during the Great Recession which ended in 2009, the year of the Earth Ox.

Sun said the Metal Ox requires people to be diligent and provides them with a combative spirit, perseverance, mental toughness, and the determination to overcome adversity, such as the pandemic. The Ox is disciplined, easy going, trusting, and introspective, but occasionally suffers from irrational fears, such as fear of impending doom. The Ox also can be stubborn and competitive. When provoked, it becomes enraged.

The Metal Ox’s positive energy is directed to fight for justice, defend and protect safety, security and the interests of family and loved ones. Its negative energy can lead to violent confrontation, disruption, domestic violence, robbery, suicide.

Sun predicts unusual weather will occur in January, May, September, and November, and earthquakes possibly happening in March, June, July, August, and September in Indonesia, Iran, Japan, Peru, Taiwan and Alaska, including a possible large-scale earthquake at Xinjiang, China. He sees July (from July 7-August 7) as a bad month, as karma between the Wood Goat and Metal Ox come in conflict.

For the housing market, Sun said the recovering economy, low mortgage rates, increased buyer demand for investment income, first-time buyers and low inventory will lead to greater competition for desirable homes and further home price appreciation. High-earning millennials turning 28 years old will buy their first-time homes, and the oldest millennials will trade up.

Sun sees real estate being strong for the next 4-5 years, but noted 2021 will be a hard-working year for real estate agents as they face intense competition and reduced transaction fees, and become efficient in technology. Except for the southeast and northwest cities, Sun said the housing market should remain steady with good price growth particularly in San Jose-Sunnyvale, Oakland-Hayward, Sacramento-Roseville-Arden-Arcade, Napa, Oxnard, Riverside, Las Vegas, Reno, Phoenix, Austin.

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