Less

What it look like, People?
Yikes! Realtors are running for the hills. The gold rush in California real estate has been over since mid '06 and the # of Realtors who got out of the game are representing.
The # of licensed Realtors fell 29,247 in California during '09. Down 5.5% in '09 and down 12% since '07. Oh my! That's mucho less real estate phone calls and people knocking on your door. Have you noticed fewer people with little shiny badges stating their name and realty association with forced smiles? How about people preaching the good gospel from "our first lady of the market is just fine and do not pay attention to depreciation and now is the perfect time to buy/ sell" church? Less bench ads, less mailers and less vanity license plates stating "#1 in SD".
This stat doesn't even talk about the people with an active real estate license who aren't working as a realtor anymore.
What does it mean? I do not know. Hopefully it will shake out all of the unprofessional in the real estate industry.
Prediction: This year the # will change. How's that for cowardly?
Read what the Orange County Register says (not exactly the Wall Street Journal) on the subject by clicking on the title.
God Bless.