Author Archive
The Culture of South Austin
Austin has many colorful neighborhoods and shopping venues, but most inhabitants of the city will tell you that Austin is divided into two distinct areas: South Austin, and North Austin. The Colorado River runs directly through the central part of the city, encircling the downtown business district on its southern perimeter, and as is flows […]
Interest Rates and the Credit Crunch
In Greek mythology, the hydra was a beast that, when one of its many heads were severed, would grow new heads in their place. The sub-prime mortgage crisis has developed in a similar fashion, initially appearing to be constrained to a sector of unworthy credit borrowers who likely didn’t have the financial ability to own […]
How Will The US Economy Recover?
You would probably have to have been living on a remote desert island for the better part of two years to not see any signs of the slowdown in the economy of the United States. Since August of 2007, the real estate market has been reeling from plummeting house prices, due primarily to increasing defaults […]
Investing in a Down Market
All investments depend on making returns, which in turn are affected by macro cycles such as the Great Depression or the dot-com boom. When a market is receding, it makes more sense for long-term, stability-seeking investors to look elsewhere upon first glance. However, in the case of the housing market of many parts of the […]
The 30 Year Loan Vs The 15 Year Loan
There are many decisions when buying a home. One of them is what kind of loan product to use. With interest rates, payment terms and points it can be a little overwhelming. In this article we are going to compare and contrast two popular loan products the 30 Year and the 15 […]
Real Estate: Where’s The Bottom?
In recent months, the US real estate market has seen its fair share of turbulent weather as house prices continue to fall. While the Federal Reserve has taken significant steps towards making lending cheaper, interest rates remain artificially high as the troubled financial sector continues record write-downs. So far, only a quarter of the IMF-estimated […]
Credit Crunch: Light at the End of the Tunnel
When thinking about the economic slowdown now gripping the United States, one might think of the naked emperor of yore, who could not realize his condition until told by a child. By the time analysts and the White House recognize the extent of the credit crisis, its effects will probably not be noticeable. So where […]
Sub-Prime Fallout: Why Such A Big Deal?
The recent sub-prime crisis is unlike any faced by the financial system before in one dubious distinction: Its effects are exacerbated by globalization to an unprecedented degree. Recent developments help illustrate exactly how this credit crunch can be differentiated from others, such as the savings and loan scandals of the 1980’s, by its fundamentally larger […]
Home Improvement Tips : Bathroom Renovations
One of the most popular areas of a house to renovate is the bathroom. There are many different ways to renovate a bathroom, from small surface changes to completely gutting the room. With some forethought and elbow grease, there are renovating techniques the do-it-yourselfer can accomplish, while saving money at the same time. […]
Austin Texas Neighborhood Profiles : Clarksville
The West Austin area of Clarksville was originally a freedman’s colony for slaves freed after the Civil War. It now has a very diverse population, and this diversity is reflected in the various nationalities of the residents. There is an excellent public grade school in Clarksville, named Mathews Elementary.
Every fall, Mathews holds a carnival […]
