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Jessica Lautz, the National Association of REALTORS® Deputy Chief Economist joins NYSE TV Live to discuss the 2024 Profile of Home Buyers and Sellers report out today.
The report finds that the first-time homebuyer market share decreased to a historic low of 24% (down from 32% last year), while home buyers’ ages hit all-time highs of 56 years overall (49 last year), 38 years for first-time buyers (35 last year) and 61 years for repeat buyers (58 last year).