Thursday, April 03, 2008
Realtors' Leaving the NAR at Fast Clip
Realtors are members of the National Association of Realtors. Not all real estate agents are Realtors, but most real estate agents in the US are Realtors.
The number of Realtors skyrocketed from 2001 to 2006. This corresponds with the housing bubble years.
The number of Realtors peaked in October 2006 when there were 1.37 million Realtors in the United States. Since then their ranks have fallen 11% to 1.23 million. Since the beginning of 2008 the number of Realtors has plummeted 7.6%. Even their discredited leader, Lawrence Yun, wrote "NAR membership figures have finally begun to fall. Whew!!! "
Is There a Realtor Bubble? (Sep 2006)
A Realtor Bubble? (Aug 2005)
Posted by David at 10:01 PM