According to an L.A. Times report, sales of businesses in Los Angeles County fell to 3,769 last year.  This is a 32% decrease from 2008.  The report also states the median selling price for a small business has also decreased, falling from $238,000 in 2008 to $230,000 at the end of 2009. Even in the midst of these dismal numbers, some are optimistic of a turnaround in the values and sales of small businesses.  For [...]

As a homeowner myself, I look at this a fantastic news. But let’s not get too excited. A big part of this rise is because of the government incentivized tax credits and low, low interest rates. But this is still being looked at as a sign that the housing market is stabilizing. Based upon the S&P/Case-Schiller price index; home prices increased a seasonally adjusted 0.4 percent in October. That is after a .2 percent rise [...]

In November, sale of existing home shot up well over expectations fueled by a combination of bargain prices and tax incentives. According to the National Association of Realtors, existing home sales rose by 7.4% to an annual rate of 6.09 million units in November up from 6.09 million in October. Originally, most economists had predicted a 3.3% increase in November or an annual rate of 6.3 million. Much of the rise is attributed to an [...]