California sees drop in real estate licensees

For the first time in five years, the total number of real estate licensees in California dropped slightly in December, according to California Department of Real Estate statistics.

The real estate regulatory agency reported that the total number of real estate licensees dropped from 549,244 in November 2007 to 548,959 in December, a 0.1 percent decline. It was the first monthly decline since March 2002.

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