Follow The Money ?

The real estate business is a good one to be in.  Most of the time.  I’ve been licensed for over 40 years.  (And only practice law now…)  In that time, I’ve seen a real estate ‘cycle’ or two.  And, sure as green grass follows a rainstorm, licensee numbers increase when the market is ‘good.’

One way to know if we’re in recovery on valuation, is to see how many “active” agents there are – per “active” broker – in California.  The number, historically, hovers at 1.5.  In the most recent (2006) peak, there were 2.7.

Where are we now?  Read the first tuesday Journal article attached here, and find out.