by Calculated Risk on 6/04/2019 04:08:00 PM
Tuesday, June 04, 2019
Way back in 2005, I posted a graph of the Real Estate Agent Boom. Here is another update to the graph.
The graph shows the number of real estate licensees in California.
The number of agents peaked at the end of 2007 (housing activity peaked in 2005, and prices in 2006).
The number of salesperson's licenses is off 27% from the peak, and is increasing again (up 9.7% from low). The number of salesperson's licenses has increased to October 2004 levels.
Brokers' licenses are off 14.3% from the peak and have fallen to December 2005 levels, and are still slowly declining (down 1% year-over-year).
Click on graph for larger image.
We are seeing a pickup in Real Estate licensees in California, although the number of Brokers is still declining.