Peter Felis | The Truth About Today’s Market

The real estate market has shifted. What once was standard is no longer the norm. Whether you're buying your first home or selling one filled with memories, the landscape in 2025 is different—and the financial stakes are higher than ever.

In this episode, we’re joined by Peter Felis, a real estate expert with 22 years of experience at Berkshire Hathaway HomeServices Utah Properties. Peter offers clear, honest insight into the current market—what’s changed, what to expect, and how buyers and sellers can make smart, educated decisions without ending up house poor.

From adjusting to higher interest rates to dealing with limited inventory and emotional price tags, this conversation is packed with practical advice for navigating today’s real estate realities.

In This Episode, You'll Learn:

• Why the new normal in real estate demands a new mindset
• How rising interest rates and low inventory affect both buyers and sellers
• The emotional side of moving—and how to balance sentiment with strategy
• Why waiting for the “perfect” market could cost you
• Peter’s story of building his first home—and what he learned
• Steps you can take today to get ready to buy or sell

Connect with Peter:

Instagram: @buyingandsellingsaltlake

Website: Peter’s Realtor Profile