The recent 'boom' didn't do us any favors either. It brought people into all facets of real estate in record numbers, at least in my area. Anyone with a phone could make a living inspecting or appraising homes, writing loans or selling homes over the last few years before the slowdown.

Now, there are just too many people chasing too few dollars. I'm really trying to just watch my business vs the overall market rather than year over year sales.

If there is any good news here it's that this should weed some people out and there should be nice run of business as we come up out of this valley, whenever that is.