this demographic group, technology plays a central role in home buying. According to the National Association of Realtors (NAR), 99% of millennials search online to get general-purpose information about the housing market and home buying. NAR research suggests that agents are adapting to this demand for electronic communication, with 90% of agents communicating via text and 94% using email. Another 34% chat with clients through instant messaging (Lake, 2022).
The Federal Reserve's next meeting is in September, and Fed
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