Episode #325 - 7/21/23

Jay Day's Real Estate Podcast

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11M ago 5:57

MP3•Episode home

🏠🎧 Exciting news! Our latest podcast episode is here, exploring the changing dynamics of the real estate market. 📈 We dive into how buyers are adjusting and accepting the new higher interest rates. 💡
When mortgage rates experienced a significant surge last year, rising from around 3% to 7%, it caused many potential buyers to be taken aback and delay their plans to purchase a home due to sticker shock. However, over time, that initial shock has subsided. Buyers have become more accustomed to the current mortgage rates and have come to terms with the fact that the historically low rates of the past few years may not make a comeback.
But that's not all! We're thrilled to present our house of the week—a large rancher in Myersville with breathtaking country views. 🏡 Immerse yourself in the beauty of the countryside while enjoying the comfort of this spacious home.
Tune in now to gain insights on buyers' adaptation to higher interest rates and discover the charm of our house of the week. 🎙️🔍 Don't miss out on all the intriguing details in this episode!

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