Listen UP... INVENTORY is the PROBLEM, NOT Affordability
Description
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PETE is the BACK after surviving The Brad Weisman Show's 200th Episode!! Together, we reminisce about such a memorable night, complete with a delightful cameo from Pete's wife (she's so much better looking). Our conversation is rich with insights, as we ponder the reassuring stability in the real estate market, observing the current inventory of homes and how mortgage rates remain below the long-term (50 year) average.
Curious about how fluctuating interest rates affect housing affordability and inventory? We unpack the complexities of these dynamics, particularly how millennials face a new landscape of interest rates. Politicians often miss the mark, thinking lower housing costs are the ultimate solution, but the real challenge is Inventory Shortages. By examining proactive measures in cities like Spokane, Washington, we highlight innovative approaches such as adjusting permit fees and zoning regulations, which could be the key to addressing the housing crisis effectively.
Navigating the intricacies of real estate pricing can be daunting, especially in a stabilizing market. We explore the critical need for accurate pricing, as the trend shows a decline in sales over asking prices. Sellers take note—overpricing may no longer yield the quick sales it once did. With humor and a touch of wit, we also venture into the realm of natural supplements, sharing personal anecdotes about maintaining mental clarity (Magic Mind). Pete's energetic presence ties it all together, making this episode both informative and entertaining for anyone intrigued by real estate trends and the stories that bring them to life. #peteheim #bradweisman #realestatechallenges #realestatemarket #tbws2024
"OMG Pete is back already for a funny, crazy, YET informative episode of TBWS! We touched on many things but the main message is Sellers beware of overpricing your home while the market adjusts to a more moderate Seller's Market. This is NOT last years market. Some balancing going on... listen to this show so you are informed and ahead of the market" - 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.