my experience that many in the market are constantly checking quotes, following earnings, following press releases etc. They just do a lot of reading/studying.

Obviously, guys who just buy index funds and don't follow the market spend significantly less time with their investments.

Plus RE is a great investment during high inflation. And high inflation seems likely over the next several years.

Now might not be the best time in the cycle to buy real estate, but it's such a large and inefficient market that the right guy can buy a property and unlock some value that a previous owner didn't unlock.