One-third of real estate agencies will leave the industry within the next 12 months because of the current market downturn, according to Altitude real estate director Paul Tonich. Some agencies will merge to survive, while others will be bought out
Source: www.thewest.com.au

Homeowners rent out property as they wait for a better market - Los Angeles Times
For the last five years, real estate agent Paul Sessum said his sellers’ first two questions were usually: What’s my home worth, and how long will it take to sell? But in recent months, Sessum of Keller Williams Realty World Media Center in Burbank
Source: www.latimes.com

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