Imagine if you could understand the real estate market better than ever before, unlocking the reality of rising interest rates and their impact. That's exactly what we're promising in this riveting exchange with my good friend, Pete Heim.  We'll shatter misconceptions about current rates versus the 3.5-5% rates and explore how a combination of low inventory and higher interest rates can dramatically shift the property market.  And if you're sitting on the fence about investing in real estate, waiting for lower rates, we have some compelling advice for you!!! But we're not just focusing on the present.  We're also journeying back to revisit the 2008 financial crisis and its profound effects on the real estate market.  We recall some shocking tales of sellers coughing up $60,000 just to free themselves from their homes. Fast forward to today's scenario, we examine the current inventory levels, low foreclosure rates, and the role of new construction and investors in contributing to low inventory.  And to top it off, prepare to be amazed by a success story - a humble townhouse, initially listed at $154,900 with no kitchen, selling for OVER Full Price, with ten cash offers.  Join us for a conversation that offers invaluable insights and tips for anyone remotely interested in real estate.#peteheim #bradweisman #thebradweismanshow #realestate #realestateandyou #marketupdate ---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.