Market Changes

I wish Karl von Loewe had been my economics teacher in high school.  All I remember from high school "econ" was the principle of supply and demand.  I should have listened more carefully, but either my lack of interest or the teacher's lack of skill (He did drone on a bit.) made me judge that "econ" had NO relevance to my daily life.  Karl, a REALTOR in Hillsborough, New Jersey, has an excellent, and interesting, description of basic economic principles as they apply to today's real estate market in his blog.  Had he been my high school "econ" teacher I might have realized how applicable and important basic number crunching can be!