Navigating Current Real Estate Figures, Trends and Generational Shifts

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 at an all-time low of 186,000, a steep decline from the 2010 peak of 1.7 million.<br/><br/>But there’s more! We’re examining the profound influence of home ownership on net worth, featuring the intriguing generational differences between renters and homeowners.  Generation Z is shattering norms by immediately buying homes after leaving their parents' nest, unlike their predecessors who typically opted to rent first. It's an eye-opening discussion about the importance of financial acumen in home buying and how the rise in home ownership has impacted net worth over time.  So, gear up for an episode packed with valuable insights to help you navigate the current real estate landscape!  #GenZ #Millennials #bradweisman #peteheim #foreclosures ---<br/>The Real Estate and You Podcast is your Thursday Evening connection to all thing’s real estate. Hosted by Brad Weisman, a local Reading Pennsylvania Realtor and Partner at Keller Williams Platinum Realty with over 30 years of real estate experience, this podcast brings you interviews and insights from people all over the country who are invested in or connected to the industry.<br/><br/>From homeowners to investors to industry professionals, The Real Estate and You Podcast has something for everyone interested in learning more about real estate.<br/><br/>Also, When Brad isn't selling homes, or hosting the Real Estate and You Podcast you can find him on American Dream TV hosting a NEW show—Selling Reading Pennsylvania! <br/><br/>Instagram: https://bit.ly/3JE2RKP<br/>Facebook: https://bit.ly/3JE2RKP<br/>Twitter: https://bit.ly/3FKM4oo<br/>--<br/>HIGHLIGHTS YOU DON’T WANT TO MISS! <br/>If you like this video, check out some of these:<br/><br/>American Dream TV- https://bit.ly/42DiQSi<br/><br/>Credits - The music for my podcast was written and performed by Jeff Miller.