05/31/2026
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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.
The housing market is cyclical, and it is common for employment to grow during booms and fall during busts. But the current slow market has lasted longer than most anyone expected. When measured as a share of total households, last year’s existing-home sales pace was the worst since 1982, according to an analysis by First American Financial.
Read more: 🔗 https://on.wsj.com/3S809Fe
