Ever wondered why buyers are fighting over the same properties, or who's actually winning in this increasingly combative real estate market?  Brace yourselves, as Brad and our guest Pete Heim not only cranks the numbers to explain this phenomenon, but also lays bare on a surprising trend that Downsizers, predominantly baby boomers, are the ones capitalizing the most.  Their secret weapon? High equity in their homes.  Pete also sheds light on the staggering statistic that a whopping 74% of Americans have over 50% equity in their homes.  Did you know that the net worth of residential real estate in the US sits at a mind-blowing $23 trillion? Pricing, predictions, and unicorn pricing (yes, you read that right), we cover it all in the second part of our chat with Pete.  We analyze listing prices vs. sales prices.  Wondering if it's better to wait out the current market dynamics or to jump in? Trust us, you don't want to miss our take on this.  We wrap up our conversation with Hugo, where we talk about the importance of buyer's staying in the game, regardless of the competition.   So many ideas and information about this challenging market! #peteheim #bradweisman #realestateandyou #realestateagent ---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.From homeowners to investors to industry professionals, The Real Estate and You Podcast has something for everyone interested in learning more about real estate.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! Instagram: https://bit.ly/3JE2RKPFacebook: https://bit.ly/3JE2RKPTwitter: https://bit.ly/3FKM4oo--HIGHLIGHTS YOU DON’T WANT TO MISS! If you like this video, check out some of these:American Dream TV- https://bit.ly/42DiQSiCredits - The music for my podcast was written and performed by Jeff Miller.