Recession Doesn't Mean Housing Crash

The Brad Weisman Show

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Our monthly Real Estate Guest, Pete Heim, joins Brad Weiman to chat about all things Real Estate!!

The gap between local and national real estate trends is widening dramatically, creating confusion for homebuyers and sellers trying to navigate today's market. We cut through the noise to reveal what's really happening versus the headlines you're seeing in national media.
What's creating these regional disparities? We explore how states like Florida, Texas, and Louisiana face unique challenges with insurance costs and changing migration patterns that skew national averages. Meanwhile, the Northeast and Mid-Atlantic regions continue to thrive, with areas like Alexandria absorbing a staggering 4,500 new listings due to pent-up demand.
Perhaps most illuminating is our deep dive into recessions and real estate. Contrary to popular belief, recessions historically don't mean falling home prices. Looking at data since 1980, only the 2008 financial crisis saw significant housing value declines—a unique situation caused by a lending crisis and over-inventory that doesn't exist today. Even better news? Every recession since 1980 has triggered lower mortgage rates, which could bring relief to today's buyers facing rates in the mid-6% range.
We also tackle local challenges around housing affordability and workforce availability, strategic pricing considerations for sellers in today's market, and predictions about interest rate fluctuations throughout 2025. Whether you're looking to buy, sell, or simply understand the real estate dynamics shaping our community, this episode offers the local perspective you won't find in national headlines.

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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.

Chapters

1. Recession Doesn't Mean Housing Crash (00:00:00)

2. Welcome Back to Monthly Real Estate Talk (00:01:03)

3. Local Inventory Update for Berks County (00:03:39)

4. National Trends vs Local Market Reality (00:06:57)

5. Housing Affordability & Workforce Issues (00:10:11)

6. Recession Doesn't Mean Falling Home Prices (00:13:21)

7. Interest Rates and Current Market Advice (00:17:33)

8. Final Thoughts and BroGlo Mention (00:21:46)

242 episodes

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