Real Estate Agent Booms and Busts
Calculated Risk
JUNE 13, 2025
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 down 1.4% Brokers' licenses are off 21% from the peak and are still slowly declining (down 2.3%
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