With the economy in a bearish market and the first wave of layoffs in the midst, it’s time to start preparing for a possible sweep up of residential and commercial wedge deals.My investors trust me to find deals that produce income immediately or have great appreciation upside.

When the layoffs come, these areas will be 2009 all over again.Do your due diligence and good luck!

Some house the most vulnerable to layoffs from this disease, restaurant, lodging, transportation workers and the like. 

If you're with a company doing layoffs, then it doesn't look so good. 

Several large oilfield companies just had massive layoffs.

The reason for the delinquency was either (a) layoff due to reduction in force; (b) medical emergency or (c) death of the primary breadwinner; and3.

I think we are experiencing the lag between layoffs and people exhausting their severance packages before deciding to move places/rent, or sell their house they can't afford. 

Truer words were never spoken, @Adam Wayne.My wife insisted that I lay off our last renovation, see what our guys could do by themselves.

Reason being1) Oil industry mass lay offs.2) Even though they are lower than california, they are 40% more than they were 3 years back - yes, a 300k home in 2012 is now at 550k.3) Property taxes are very very high especially in master planned communities (3.8 % in new areas of pearland, a suburb of houston), plus there is requirement for flood insurance separate from home owners insurance.4) cost of living has gone up a lot in Texas against other states (again don't only compare with California).

I almost purchased a fairly new fourplex there a few years back, but local residents warned me that the market depends heavily on Lockheed Martin for jobs, and one big layoff could devastate demand there.