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More Scary. (additional thoughts) Part 3 Will this end?

CHARLOTTE, N.C - At the North Carolina offices of mortgage lenderHomeBanc Corp., Archie Clark is the only employee left. But in a few days, he'll be gone, too.

"It's pretty much a ghost town over there," Clark said. "Somebody went in and took the furniture from the lobby. I don't know who did that. I put some of the other stuff in the back and locked it up."

When Clark finishes helping movers from the company's Atlanta headquarters collect computers and other property, he'll join the more than 25,000 workers nationwide who have lost jobs in the financial services industry since the beginning of the month - with more than half coming since last Friday. With few exceptions, the cuts are the direct result of woes in the nation's housing market.

 

38,000 jobs lost across the country. was the headline from this article.  Button down the windows a storm is coming.  Let just hope warren can get a good buy at countrywide and save these lenders from themselves. 

 
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Marcus Valdez
Keller Williams Realty of Northern Colorado
Fort Collins, CO

Office Phone: (970) 495-9797
Cell Phone: (970) 231-0890

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