A Deep Dive into the Current Real Estate Climate w/ Pete Heim

The Brad Weisman Show

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Imagine if you could understand the real estate market better than ever before, unlocking the reality of rising interest rates and their impact. That's exactly what we're promising in this riveting exchange with my good friend, Pete Heim. We'll shatter misconceptions about current rates versus the 3.5-5% rates and explore how a combination of low inventory and higher interest rates can dramatically shift the property market. And if you're sitting on the fence about investing in real estate, waiting for lower rates, we have some compelling advice for you!!!
But we're not just focusing on the present. We're also journeying back to revisit the 2008 financial crisis and its profound effects on the real estate market. We recall some shocking tales of sellers coughing up $60,000 just to free themselves from their homes. Fast forward to today's scenario, we examine the current inventory levels, low foreclosure rates, and the role of new construction and investors in contributing to low inventory. And to top it off, prepare to be amazed by a success story - a humble townhouse, initially listed at $154,900 with no kitchen, selling for OVER Full Price, with ten cash offers. Join us for a conversation that offers invaluable insights and tips for anyone remotely interested in real estate.
#peteheim #bradweisman #thebradweismanshow #realestate #realestateandyou #marketupdate

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Welcome to The Brad Weisman Show (formerly known as Real Estate and YOU), where we dive into the world of real estate, real life, and everything in between with your host, Brad Weisman! 🎙️ Join us for candid conversations, laughter, and a fresh take on the real world. Get ready to explore the ups and downs of life with a side of humor. From property to personality, we've got it all covered. Tune in, laugh along, and let's get real! 🏡🌟 #TheBradWeismanShow #RealEstateRealLife #realestateandyou

Credits - The music for my podcast was written and performed by Jeff Miller.

Chapters

1. A Deep Dive into the Current Real Estate Climate w/ Pete Heim (00:00:00)

2. Real Estate Market and Interest Rates (00:00:19)

3. Real Estate Market Analysis & Anecdotes (00:11:03)