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.

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