Assessed value of Chesterfield real estate declined 3.3% (Times-Dispatch)
Chesterfield County property is worth $1.3 billion less than it was in 2009. That equals a 3.3 percent decline in real estate tax assessments, according to information released by the county on Tuesday.
Does Your Broker Love You? (Slate)
Brokers, astonishingly, have no fiduciary duty to their clients. Maybe they should.
Packer backer fired for wearing Green Bay tie (Chicago Sun-Times)
The morning after the Chicago Bears’ hated rivals beat them at Soldier Field to advance to the Super Bowl, Webb’s general manager Jerry Roberts says he fired Stone for refusing to remove the Packers-branded tie.
U.S. Home Prices Slump Again, Hitting New Lows (NY Times)
A new slide in housing prices has begun in earnest, with averages in major cities across the country falling to their lowest point in many years.
Entrepreneurs Hit Up Family, but Payback Is Slow (WSJ)
In the fall of 2006, brothers Courtney and Carter Reum borrowed roughly $125,000 from relatives to start VeeV Spirits LLC, an alcoholic beverage brand, in Los Angeles. Though they planned to pay the interest-free loan back within nine months, it remains outstanding to this day.
How to Turn Disaster Into Gold (Inc.)
When one of 37signals’s products malfunctioned, thousands of stranded customers erupted in fury. Yet the company came out of the crisis more credible than ever. Here’s why.