Realtors in the Bay Area: on the decline

Friday 02/03/2006: The number of our local real estate association's MLS membership dropped abruptly to 4,560 in December, a loss of 564 or 11% of the membership in just 1 month. It may be safe to assume that by now most people have probably figured out that the housing market's no longer where the money is. And, unless something dramatic happens that lifts the market again, we're going to benchmark November 2005 as the month our local housing market topped out.