With interest rates skyrocketing house prices are coming back down. Why it matters: When home prices started to fall this summer, many were reminded of the 2008 housing crash, which left more than two-thirds of metro Phoenix homeowners underwater on their mortgages. But experts tell Axios Phoenix the market is… Read More »Median House Price In Phoenix
Even if we just sold our 12 year old 911 with 130,000 miles on it, I still love following the marque. As VW looks at set porsche loose again as an independent manufacturer. It wasn’t so long ago that Porsche was going to purchase VW. My guess VW needs funds… Read More »Porsche Sales
It is no secret the population is getting older, this graphic shows which states have the largest percentages of young and old. As a USAFacts newsletter reader, you clearly care about being civically engaged. Now, you can help shape the next phase of USAFacts. The USAFacts User Experience team is… Read More »Population Age
The percentage of Women in the workforce is back to 2020 levels Women workers hit a milestone last month: The proportion of employed prime-aged women (that is, between the ages of 25-54) is finally above the level seen before the pandemic. Labor force participation rate in this cohort ticked up… Read More »Women In Workforce
Americans like to eat out, however sometimes it is a champagne on a beer budget which force you to look at fast food. U.S. fast food and other limited service restaurants did not only get through the pandemic better than the restaurant industry as a whole – in high inflation times, affordable fast food… Read More »Fast Food For Dicy Times
Second punch to go after inflation starts today. The Federal Reserve’s tightening campaign enters a new phase today that — paired with rapid interest rate hikes — will be hard for financial markets to predict. Why it matters: At the onset of the pandemic, the Fed injected stimulus into the… Read More »Holdings Of The Fed
The grass isn’t always greener on the other side, however, and a sizeable chunk of those who left their previous jobs are now feeling quitter’s remorse. According to a recent survey from job search portal Joblist, one in four workers who quit their previous job say that they regret the decision,… Read More »The Great Regret
Year-over-year trends show an increase in seller financing across most market sectors. I firmly believe that by not offering partial seller financing you are leaving money on the table, yes there is a risk you may not be able to collect (this can be mitigated to a certain extent in… Read More »Seller Financing Ticking Up
Time lines are tightening up and buyers are ok with it. Due diligence periods aren’t shifting, and yet businesses are selling faster. That’s a sign that market competition,Seller teams can set out tighter timeline expectations and buyers respond. They know what it takes to win in today’s marketplace. If you’re… Read More »Average# Months To Close From Offer (LOI/purchase Agreement)
The average time to sell a small business shrunk, varying from 6.5 to 8. Of that time, roughly 60 to 120 days are spent in due diligence and execution, after a signed letter of intent or offer.