Feb 13 2025 24 mins
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Pete Heim is back this week!! This episode explores the evolving landscape of real estate as we shift into spring, highlighting seasonality, increasing listings, and changing buyer dynamics, all influenced by interest rates. It addresses concerns about buyer qualifications, market sustainability, and the challenges faced by first-time home buyers, stressing the need for education and proactive strategies.
• The market is experiencing seasonality and increasing activity as winter ends
• Year-over-year comparison shows a rise in listings in January 2025
• Financial quality of buyers is lower, with some needing seller assistance
• Interest rates are currently hovering near 7%, affecting buyer behavior
• Average sale price has increased significantly year-over-year
• Expired listings reflect market conditions, not failures
• First-time buyers express concerns over the home buying process
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Welcome to The Brad Weisman Show, 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
Credits - The music for my podcast was written and performed by Jeff Miller.