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Improving housing market luring would-be brokers

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Improving housing market luring would-be brokers

CREATED Aug 5, 2014

MIAMI (AP) -- The number of U.S. real estate agents is increasing as the housing market recovers from the Great Recession.

Applications for new real estate licenses doubled in Florida and California last year. Even hard-hit Nevada has seen the number of people seeking licenses grow by almost a quarter.

And the National Association of Realtors says its membership grew slightly last year after six straight years of declines.

Experts warn that real estate is a tough profession and that many new agents quit before they sell a single house.

Side note: Home prices in the valley are on the rise. According to new data released by CoreLogic, homes across Las Vegas and Henderson rose by more than 11 percent in June, compared to the same time last year.