The number of Realtors and Associate members of the Tennessee Association of Realtors dropped by 1,854 in one month, between the end of 2008 and the end of January of 2009 …from 25,161 to 23,307, a one-month drop of over 7%.
One year ago, the number of Realtors and Associate members in the Tennessee Association of Realtors totaled 26,226.
In related news, Investors Business Daily, a national newspaper, reports that the “mortgage brokerage business has shrunk from 54,000 firms in 2005 to just under 30,000 today.”
I suppose it’s not just Tennessee Realtors looking for a new job!
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