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ClarityNOW : Sep 24, 2024 1:14:08 PM

Welcome to

ClarityNOW Newsletter

We're thrilled to introduce our new weekly newsletter, designed to keep you informed, inspired, and ahead of the curve. In this weeks newsletter:

This week in Real Estate: Existing Home Sales Down
Tips & Best Practices: Continuing Education
Client Spotlights: Leave us a Review and Get Next Month for FREE

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This week in Real Estate: Existing Home Sales Down

In August 2024, existing home sales in the U.S. dropped 2.5% from July, with an annual rate of 3.86 million units. Year-over-year, sales decreased by 4.2%. Inventory grew slightly to 1.35 million units, a 22.7% increase from the previous year. The median home price rose to $416,700, up 3.1%. First-time buyers made up only 26% of sales, marking an all-time low. However, experts expect improved sales ahead due to lower mortgage rates and rising inventory. Weekly Real Estate News

Tips and Best Practices: Continuing Education

The National Association of Realtors (NAR) outlines continuing education (CE) requirements for real estate professionals, which vary by state. Each state mandates specific courses, credit hours, and renewal timelines for maintaining a real estate license. CE ensures agents stay updated on industry trends, laws, and best practices. NAR provides links to state-specific CE requirements and offers resources to help agents fulfill these obligations.

For more details, visit NAR's website.