Wall Street Journal: “The slowest housing market in decades is stretching into its fourth year, and even real-estate agents who made it this far are reaching a breaking point. Most of them are independent contractors and get paid when a deal closes. With fewer sales to go around and homes taking longer to sell, more agents are ditching the industry or finding second jobs.”
“The downturn is also hitting mortgage-loan officers and the many other industries reliant on home sales, from appraisers and photographers to appliance manufacturers.”
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