Want a Job? Come to Charlottesville
So says Kiplinger.com. At the heart of it all is Jefferson's university, and its concept of an "academical village." The village is built around an architecture meant to foster lifelong learning and ensure interaction between students and faculty. Today the university spreads that intellectual spirit…
“Without forecasts, we don’t look credible”
I might have said a few negative things about the office of the NAR Chief Economist (did you know NAR have a staff of ten economists and that Dr. Lawrence Yun takes the "the buck stops here" approach? I didn't) but I've also noted positive…
The Charlottesville economy – up or down?
The final results will be interesting; so far the things are split pretty much evenly between "better," "same" and "worse."
If you don’t ask, you never learn
CVillain seems to have a pulse on the Charlottesville world, so I took the opportunity to ask for their insight into the Charlottesville economy. The responses provide the insight I hoped for.
Charlottesville has an expanding economy
So says USA Today. I'm assuming that by "Charlottesville" they mean "the Charlottesville region." The Daily Progress offered valuable insight on the area's economy earlier this year. Update 10 March 2008: This cannot possibly be a bad thing for our economy: Howell described four major…
Latch on to any glimmer of confidence you can
Call it what you will - grasping at straws if you must. But if it becomes a trend ... But there is a glimmer of hope for the housing market. When asked of their plans to buy a home, consumers' expectations increased for the first…
Cut mine in half, please
I wish I had written this: "Eliminating failure is the surest way to kill success." Note to my mortgage-holder - As long as you're thinking about cutting principal amounts, I'd like the principal on my mortgage cut in half, please. Please note that I'm not…
Housing prices likely to stay stagnant?
I've been trying to make time to post this for some time, but, lacking said time am going to post it anyway. This story in the NYTimes states that, in the words of an off-blog tipster: (Housing) Prices go up and down, but over long…
National indicators that I’m reading today (and a brief market update)
Consumer confidence hits a near 2-year low Another dismal month for consumer confidence (subscription after today) The Conference Board Consumer Confidence Index Declines Again Home Prices Post Biggest Drop in 16 Years Existing Home Sales 5.5 Million Continuation of Negative Annual Returns in Housing I'm…