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The Books ALL Real Estate Agents NEED To Read | Knowledge Brokers Podcast 025

Knowledge Brokers Podcast

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The Competitive Nature of the Real Estate Market

There are fewer buyers in the market, but the ratio of buyers to listings is maybe about the same or maybe more buyers per listing than we were seeing in 2021 and 22. And that's the struggle in this market is that 28% of buyers in May were first-time home buyers. They're competing with the largest buyer demographic of baby boomers. There's just not enough of that.

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