Did anyone catch the issue of the Dallas Business Journal which came out on Sptember 26? I sure did. I was interviewed for and quoted in an article on page 4 about the number of REALTORS® decreasing slightly in North Texas. My comments also included some on the need for agents to shift and adapt to changes and challenges in the market. I would publish a link to the article online, but currently it is only available to paid subscribers. I can assure you, however, that I was very positive about our market and the industry. It's how I genuinely feel.
In the article, I was amazed at the statistics. In 2007, the membership in the MetroTex Association of REALTORS® stood at 14,659. Currently, that number has only dropped to 14,417, a decrease of only 242 members, or less than 2%. And this is after a huge rise in membership between 2005-2007 that saw membership grow from 12,399 to 14,659. This shows strong growth and minimal retraction. Real estate can be a great career for those who are willing to work hard and have a solid plan to build their business.
Bill Head, of the MetroTex Association of REALTORS® was quoted in the article as saying "With the economy that we have here locally, job growth that we always have here and the housing market being as historically stable as it always has been, it appears to be as solid an industry as it always has been." So far the market is supporting that position and I am hopeful it continues to do so.
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