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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (31597)6/6/2005 5:58:36 PM
From: CalculatedRisk  Respond to of 116555
 
Here is the breakdown (CT vs. CA):

Connecticut
Population 3.5 million (2004)
RE Agents 18,000
One agent per 194 people.

Housing Units: 1,301,670
Owner Occupied: 869,729

Units per Agent: 72
Owner Units per Agent: 48

If the average owner sold every 7 years that is 7 sales per agent per year.

California
Population 35.9 million
RE Agents 436,735
One agent per 82 people.

Housing Units: 11,502,870
Owner Occupied: 6,546,334

Units per Agent: 26
Owner Units per Agent: 15

If the average owner sold every 7 years that is 2 sales per agent per year.