NAR membership up even as transactions decline
“It’s been nearly a year since rising mortgage rates put the brakes on an overheated real estate market. But so far, that hasn’t led to a big drop in the number of real estate agents.
The National Association of Realtors reported that it had 1,566,354 members at the end of July, up by 6,547 from June and down just 1% (14,617) from a year ago.
Dave Gallagher, Real Estate News
This market astounds me. Membership down only 1% YOY? Crazy.
It’s the glamor of the business. I have to wipe the Stardust off my shoulders at the end of every day. 🙄😂