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Category: News

21 Jun, 2011
Reaves & Lee

Reverse Mortgage Industry Suffering

For homeowners over the age of 62 looking for extra cash, the option to cash in on their home equity may seem like an appealing option. A reverse mortgage is a type of home loan that allows a homeowner to convert their equity...

17 Jun, 2011
Reaves & Lee

Minimum Wage May Get Another Boost

In 2007, the minimum wage was increased from $5.15 to $5.85 per hour, the first increase in over a decade. The intent was to facilitate job growth and lower the unemployment rate for less skilled workers. Last week, a group...

20 May, 2011
Reaves & Lee

Panera Bread Makes Changes for Charity

Small businesses aren’t the only ones hurting in this fragile economy. Non-profit organizations have been feeling the pressure increase over the past few years. In 2008, charitable donations began to fall about 3% each...

19 May, 2011
Reaves & Lee

Now is the Time to Unload Your Used Car

Selling your used car at a dealership has always been a negotiation nightmare. Rarely, would a dealership buy your used car for a fair value, and forget getting anything close to the value listed in Kelly Blue Book....