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The program hosts and guests on the CNBC network know a lot about the financial world. I often watch some of the shows to see what is happening and to see what I can learn. The terms they use show me how little I know! However, when the Dow is headed up, I know that is in the right direction. If it is going down, I understand what that ...
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In an earlier blog, I discussed the cyclical nature of the Austin Texas real estate market. When viewed over a several-year period, the market cycles are predictable in many ways. What cannot be foreseen from the historical data is what will happen in the future—what the highs and lows of the market will be.
Just a year or so ago, homes in ...
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