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Wildfire forces evacuation of NASA's Deep Space Network complex in Spain Ars TechnicaOne of NASA's Most Important Deep Space Observatories Hit by Spanish Wildfires WIREDOne of NASA's crucial links to deep space is at risk of burning down New ScientistCritical NASA Deep Space ground station in Spain evacuated due to wildfires Spaceflight NowFire Threatens Madrid DSN Complex N
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Europe wildfires latest: More than 130,000 evacuated across France and Spain BBCMore than 100,000 people flee or are locked down as wildfires sweep France and Spain The GuardianWildfires in France and Spain Drive Tens of Thousands From Their Homes The New York TimesLive: More than 100,000 evacuated in France's fire-hit southwest, Madrid fire 'impossible to control' France 24France sends boats to evacuate tourist hotspot Cap Ferret as wildfires rage CNN
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The president has unveiled a complicated system to forge ahead with his trade war, after the Supreme Court stuck down his original levies.
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After two years of a red-hot market, it's time real estate and mortgage professionals get ready for what could be a slowdown in their business.
Earlier this summer housing prices were on fire. Now there is talk of a "housing recession." Due in part to higher mortgage rates and more people vacationing this summer, U.S. existing home sales fell in July for the sixth straight month, the longest streak of declines in more than eight years.
SEE MORE Is Your Job Burning You Out?
One of my clients in the Midwest put his home up for sale recently and has had no interested buyers - none. A few months ago, we were certain it would sell in days. The plan was to sell the house and pay off their construction loan on their new home before it converted to a permanent mortgage. Now, that plan may need to change.
Several mortgage companies have already let go thousands of employees, and one company, Sprout Mortgage, based in East Meadow, N.Y., shut down in early July. Real estate brokerage companies, such as Compass and Redfin, have also slashed their workforce.
Real estate is cyclical, and while sales will not totally dry up, anyone tied to the industry should get their finances in order now in case the current downturn lasts another several months.
Here are a few moves to consider:
Build an Emergency Fund Twice as Big as a Salaried Worker's
No one wants to get caught borrowing money to pay their bills. While putting away enough money in a savings or money market account to cover six months of expenses is normal, it's best to plan for a longer period if you work in a cyclical industry.
Consider keeping six to 12 months of r
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