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Don't focus on Political Names and Parties ~ Focus on Economics
I love this time of year and make it a practice to attend as many economic forecasts as I can for the year. I like to hear all the perspectives and always learn something. Recently I attended the Home Builders Association Greater Austin 2019 Housing forecast at the AT & T Center. HBA President Becky Collins introduced us to Eldon Rude, Principle, 360 Real Estate Analytics, Mollie Carmichael, Principle, Meyers Research LLC and Julia Coronado, President and Founder MacroPolicy Perspectives.
I’m still digesting all the informative material. Julia‘s presentation of the global view indicates the global economy is slowing, which is no surprise. We've been seeing signs of that in the 4th quarter of 2018.
Comparing the global and local over view was enlightening and, put things in perspective. The latest in Home Trends (that can be a post all in of its own) was very intriguing but also not surprising.
Eldon‘s focus was on the Austin forecast which I was most interested in. His advice is spot on “Study the economic data and not negative headlines.” There are many articles that the headlines are distorted with articles not based on the facts (what else is new). Austin is off to a ... more

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