Episode #376 - 7/26/24

Jay Day's Real Estate Podcast

🎙️ Unlocking Homebuyer Opportunities in 2024 🏡🔑

Thinking about buying a home but feeling discouraged? Don’t let the past few years deter you! The housing market is shifting, and there are new opportunities emerging in the second half of 2024. Here’s why you might want to jump back in:

1️⃣ Increased Supply of Homes 📈🏠

The inventory of homes for sale is growing! With more options available, you have a better chance of finding the perfect home that suits your needs and preferences.

2️⃣ More New Home Construction 🏗️🔨

Builders are creating more affordable, newly built homes. This not only helps with the supply but also offers incentives like lower mortgage rates.

3️⃣ Less Buyer Competition 🤝📉

With mortgage rates around 7%, competition is easing. This could mean fewer bidding wars and better chances to secure your dream home at a fair price.

4️⃣ Moderating Home Prices 💵📊

Home prices are rising at a slower pace. This moderation means you can expect more stable price growth, making it easier to plan your purchase.

The Opportunity in Front of You 🌟🏡

If you’re ready to buy, the second half of 2024 might be the perfect time to act. Don’t wait too long, as conditions are likely to shift again.

Want to know more? Tune into this week's podcast for a deep dive into these market changes and how they can benefit you. 🎧

🌟 Land of the Week 🌟

11635 S Baugher Rd, Thurmont, MD – $250,000

📍 10.88-acre lot

🏞️ Idyllic setting for your dream home

🚪 Private hunting escape

🌲 Serene location with abundant wildlife

✅ Perc test approved for up to 6 bedrooms (in the past)

💧 Well already drilled

This is the perfect haven for nature enthusiasts and hunters alike! 🏹🌳

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