Fewer agents can sell homes because fewer buyers make enough money to buy. So not only are the agents not making a living, but the people in title search offices and escrow companies are hurting as well.
Here in California, thousands of jobs are being cut in the schools due to budget issues. This includes teachers, aids, nurses, and principals among others.
Something I had never thought of, but a manicurist told me the other day that people are removing their artificial nails because they cannot afford to maintain them. I guess if you have to buy gas at more than $3.50/gallon to drive to the unemployment office, you would put acrylic nails down at the bottom of your list, too. (I have NEVER had them but . . . . )
There are no doubt many more stories of people losing their jobs. This will bottom out and recover, but it hasn't yet. Until it does, you might want to start looking now for some sort of home based work, either your own home business or home employment.
It could be the best financial decision you'll make for a long time!
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