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The 30 Day Fund Announces “12 Days for Christmas” Giving Campaign to Keep Supporting Small Businesses

The 30 Day Fund Announces “12 Days for Christmas” Giving Campaign to Keep Supporting Small Businesses
PR Newswire
CHARLOTTESVILLE, Va., Dec. 13, 2022

CHARLOTTESVILLE, Va., Dec. 13, 2022 /PRNewswire/ — Pete and Burson Snyder, founders of The 30 Day…

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The 30 Day Fund Announces "12 Days for Christmas" Giving Campaign to Keep Supporting Small Businesses

PR Newswire

CHARLOTTESVILLE, Va., Dec. 13, 2022 /PRNewswire/ -- Pete and Burson Snyder, founders of The 30 Day Fund, announced today an additional effort to provide fiscal relief to small businesses in Virginia. The 30 Day Fund will be selecting 25 small businesses to support through a "12 Days for Christmas" holiday campaign.

Small businesses can apply for up to $3,500 in funds from The 30 Day Fund. All they have to do is go HERE (va30dayfund.com/apply), answer a few simple questions about their small business and submit a 2-3 minute video describing who they are, what their business does and what they will do with the "12 Days for Christmas" funds. Applications must be entered by Christmas Day.

Pete Snyder, co-founder of The 30 Day Fund, remarked, "2022 has been a brutal year for small businesses. We've awarded nearly $8 million in grants already this year as small businesses work through this difficult period. We at The 30 Day Fund want to make sure that small businesses who are struggling in Virginia can make it until next year, that's why we will be giving money to 25 more small businesses over the next 12 days."

Pete continued, "When Burson and I began this in March 2022, we did it with a simple desire to help small businesses in Virginia. We had no idea the initial investment we made of $100,000 would eventually turn into a national movement that has raised nearly $50 million total and helped 3,154 small businesses nationwide, including hundreds right here in the Commonwealth. The mission is not over."

Co-founder Burson Snyder added, "The 30 Day Fund is still going strong. In this season that can be so special and, at the same time, so tough for families and small businesses, we are launching our '12 Days for Christmas' effort to provide even more help for those still struggling with the challenges of the pandemic."

To apply, small businesses must:

  • Employ three to 30 people;
  • Be based in Virginia and operating for at least one year;
  • Be impacted by Covid-19 and / or effects of Covid-19; and
  • Be owned and operated by a Virginia resident.

Funds disbursed to small businesses by The 30 Day fund do not need to be repaid.

View original content:https://www.prnewswire.com/news-releases/the-30-day-fund-announces-12-days-for-christmas-giving-campaign-to-keep-supporting-small-businesses-301701815.html

SOURCE The 30 Day Fund

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Part 1: Current State of the Housing Market; Overview for mid-March 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024
A brief excerpt: This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to star…

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Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024

A brief excerpt:
This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to start with inventory, since inventory usually tells the tale!
...
Here is a graph of new listing from Realtor.com’s February 2024 Monthly Housing Market Trends Report showing new listings were up 11.3% year-over-year in February. This is still well below pre-pandemic levels. From Realtor.com:

However, providing a boost to overall inventory, sellers turned out in higher numbers this February as newly listed homes were 11.3% above last year’s levels. This marked the fourth month of increasing listing activity after a 17-month streak of decline.
Note the seasonality for new listings. December and January are seasonally the weakest months of the year for new listings, followed by February and November. New listings will be up year-over-year in 2024, but we will have to wait for the March and April data to see how close new listings are to normal levels.

There are always people that need to sell due to the so-called 3 D’s: Death, Divorce, and Disease. Also, in certain times, some homeowners will need to sell due to unemployment or excessive debt (neither is much of an issue right now).

And there are homeowners who want to sell for a number of reasons: upsizing (more babies), downsizing, moving for a new job, or moving to a nicer home or location (move-up buyers). It is some of the “want to sell” group that has been locked in with the golden handcuffs over the last couple of years, since it is financially difficult to move when your current mortgage rate is around 3%, and your new mortgage rate will be in the 6 1/2% to 7% range.

But time is a factor for this “want to sell” group, and eventually some of them will take the plunge. That is probably why we are seeing more new listings now.
There is much more in the article.

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Pharma industry reputation remains steady at a ‘new normal’ after Covid, Harris Poll finds

The pharma industry is hanging on to reputation gains notched during the Covid-19 pandemic. Positive perception of the pharma industry is steady at 45%…

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The pharma industry is hanging on to reputation gains notched during the Covid-19 pandemic. Positive perception of the pharma industry is steady at 45% of US respondents in 2023, according to the latest Harris Poll data. That’s exactly the same as the previous year.

Pharma’s highest point was in February 2021 — as Covid vaccines began to roll out — with a 62% positive US perception, and helping the industry land at an average 55% positive sentiment at the end of the year in Harris’ 2021 annual assessment of industries. The pharma industry’s reputation hit its most recent low at 32% in 2019, but it had hovered around 30% for more than a decade prior.

Rob Jekielek

“Pharma has sustained a lot of the gains, now basically one and half times higher than pre-Covid,” said Harris Poll managing director Rob Jekielek. “There is a question mark around how sustained it will be, but right now it feels like a new normal.”

The Harris survey spans 11 global markets and covers 13 industries. Pharma perception is even better abroad, with an average 58% of respondents notching favorable sentiments in 2023, just a slight slip from 60% in each of the two previous years.

Pharma’s solid global reputation puts it in the middle of the pack among international industries, ranking higher than government at 37% positive, insurance at 48%, financial services at 51% and health insurance at 52%. Pharma ranks just behind automotive (62%), manufacturing (63%) and consumer products (63%), although it lags behind leading industries like tech at 75% positive in the first spot, followed by grocery at 67%.

The bright spotlight on the pharma industry during Covid vaccine and drug development boosted its reputation, but Jekielek said there’s maybe an argument to be made that pharma is continuing to develop innovative drugs outside that spotlight.

“When you look at pharma reputation during Covid, you have clear sense of a very dynamic industry working very quickly and getting therapies and products to market. If you’re looking at things happening now, you could argue that pharma still probably doesn’t get enough credit for its advances, for example, in oncology treatments,” he said.

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Q4 Update: Delinquencies, Foreclosures and REO

Today, in the Calculated Risk Real Estate Newsletter: Q4 Update: Delinquencies, Foreclosures and REO
A brief excerpt: I’ve argued repeatedly that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened followi…

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Today, in the Calculated Risk Real Estate Newsletter: Q4 Update: Delinquencies, Foreclosures and REO

A brief excerpt:
I’ve argued repeatedly that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble). The two key reasons are mortgage lending has been solid, and most homeowners have substantial equity in their homes..
...
And on mortgage rates, here is some data from the FHFA’s National Mortgage Database showing the distribution of interest rates on closed-end, fixed-rate 1-4 family mortgages outstanding at the end of each quarter since Q1 2013 through Q3 2023 (Q4 2023 data will be released in a two weeks).

This shows the surge in the percent of loans under 3%, and also under 4%, starting in early 2020 as mortgage rates declined sharply during the pandemic. Currently 22.6% of loans are under 3%, 59.4% are under 4%, and 78.7% are under 5%.

With substantial equity, and low mortgage rates (mostly at a fixed rates), few homeowners will have financial difficulties.
There is much more in the article. You can subscribe at https://calculatedrisk.substack.com/

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