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The Brad Weisman Show

Navigating Current Real Estate Figures, Trends and Generational Shifts

The Brad Weisman Show

Brad Weisman

The Brad Weisman Show, Business, Entrepreneurship, Homes, Society & Culture, Brad Weisman, Relationships, Life Stories, Real Estate, Real Life

5829 Ratings

🗓️ 14 September 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Hi This is Brad Weisman - Click Here to Send Me a Text Message Pete Heim is back w/ Brad!! Ever wonder how the real estate market has evolved over the decades? Worry no more, because we're unraveling the intricacies of the current real estate trends with our regular guest and industry expert, Pete Heim. We're looking at figures that haven't been seen in over half a century: an astounding 68.7% of homeowners with mortgages have a minimum of 50% equity. Foreclosure rates are a...

Transcript

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0:00.0

Are your kitchen and bathroom way overdue for a remodel?

0:04.0

Well, I got the guy for you.

0:05.1

Call John Sellers at First Response Contracting, 484-256-7136, both residential and commercial services, and he's licensed and insured.

0:15.4

Call him at 484-256-7-136, First Response Contracting.

0:22.9

Hello, this is Brad Wiseman. You're listening to Real Estate and you. We're back with one of the guests that just, just won't stay away. He comes back every single month. And, you know, we tried to.

0:41.9

And Hugo, I thought we were going to change the locks down here so that he couldn't get in.

0:42.8

He broke in.

0:43.6

It's amazing.

0:46.2

You know, here we have Pete Heim in the studio.

0:47.5

So good to see you.

0:49.2

Don't listen to any of that stuff I said before.

0:51.3

That was, you didn't have your headphones on, did you?

0:56.5

No, but Pete's back, we're always, you know, talking about what's going on the market.

0:58.5

You're always keeping us up to date on what's going on.

1:00.6

And we are starting to see some changes.

1:01.2

Yes, we are. Things are starting to change.

1:02.7

But there's a lot of good in the change.

1:05.5

I mean, I don't think there's any doom and gloom here.

1:07.3

It's just, it's just there's good stuff. The only thing that's a little bad is the rate's going up. That kind of sucks. Yeah, that is. But can't do anything about it. Yeah. What are you going to do?

1:14.1

That's right. So you had talked to me before we went live here about there's some really good numbers

1:19.5

on the equity that we have in our homes today. Let's talk about that first. It's crazy. I mean, this just came out not too long ago, but 68.7% of people out there that have a mortgage

1:32.4

or have paid off their mortgage or at least have 50% equity.

...

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