Sunday, October 22, 2006

Realtor Membership Growth Slowing

The number of Realtors has been booming over the past 5 years. See a post from about a month ago Is there a Realtor Bubble?

Year To Date Growth in Realtor Membership (End of January though End of September)

2006: 7.8
2005: 13.1
2004: 11.6
2004: 9.6

The percentage of growth is slowing down as we head in to the real estate decline. In economically depressed Michigan the number of Realtors has declined 3.72% from September 2005.

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