Arizona Real Estate Notebook

Real estate has been a declining industry for 2 years and now we are seeing, at least nationally, the number of Realtors fall.

The National Association of Realtors expects membership rolls to decline this year for the first time in a decade. The group ended 2006 with nearly 1.4 million members — almost double the roughly 716,000 it had in 1997 — but expects 2007 to close with 1.3 million, a drop of more than 4 percent.