Winning Strategies for this Tough Real Estate Market w/ Pete Heim

The Brad Weisman Show

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Ever wondered why buyers are fighting over the same properties, or who's actually winning in this increasingly combative real estate market? Brace yourselves, as Brad and our guest Pete Heim not only cranks the numbers to explain this phenomenon, but also lays bare on a surprising trend that Downsizers, predominantly baby boomers, are the ones capitalizing the most. Their secret weapon? High equity in their homes. Pete also sheds light on the staggering statistic that a whopping 74% of Americans have over 50% equity in their homes. Did you know that the net worth of residential real estate in the US sits at a mind-blowing $23 trillion?
Pricing, predictions, and unicorn pricing (yes, you read that right), we cover it all in the second part of our chat with Pete. We analyze listing prices vs. sales prices. Wondering if it's better to wait out the current market dynamics or to jump in? Trust us, you don't want to miss our take on this. We wrap up our conversation with Hugo, where we talk about the importance of buyer's staying in the game, regardless of the competition. So many ideas and information about this challenging market!
#peteheim #bradweisman #realestateandyou #realestateagent

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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. Winning Strategies for this Tough Real Estate Market w/ Pete Heim (00:00:00)

2. Real Estate Market and Buyer Competition (00:00:30)

3. Pricing and Predictions in Real Estate (00:08:54)

4. Persistence in Real Estate (00:19:18)