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What if the real estate market isn't destined to crash but to transform? Join us alongside our returning guest, Pete Heim, as we dissect the current trends reshaping the real estate landscape. We tackle the recent price reductions in high-priced and commercial properties, the ripple effects of hybrid work models on office space demand, and the perplexing issue of declining pending sales due to low inventory levels. Our discussion also contrasts today's market dynamics with the 2008 housing crisis, pondering whether we're heading towards a buyer's market or if a delicate balance can be achieved even with fewer homes available.

Next, we shift our focus to the Manhattan real estate scene. We delve into the financing hurdles faced by properties priced between $3 million and $5 million and contrast these with the luxury segment, where buyers often bypass financing altogether. National trends also catch our attention, from increased median days on the market to rising capital gains taxes on primary residences. We round off with some lighthearted moments, featuring quirky eight ball predictions and celebrating the upcoming 200th episode of The Brad Weisman Show. Tune in for a mix of hard-hitting insights and a few laughs!

"Never know what Pete and I are going to say or do, but just know you will have fun finding out the latest in the local and national real estate market.  This episode touches on some balancing in the market, increased price reductions and lower interest rates". - Brad Weisman

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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.