The Mortgage Bankers Association isn't immune to the softening real estate market either. The trade group has sold its Washington, D.C., headquarters for nearly $40 million less than what it paid in 2007.
The number of home owners who fear the value of their homes will fall in the next year declined in January to the lowest level since early 2007, according to a new survey.
A San Diego college professor is encouraging students to study real estate because, he says, by the time they graduate, he believes the business will have recovered.