🏠📈 Houses Are Still Selling Fast! 🏠📈

Thinking of selling your house? Here's some good news! While the housing market isn't as frenzied as it was during the 'unicorn' years, homes are still selling faster than normal.

📊 The graph below shows median days on the market for every January from 2017 to the latest data available. Homes are selling faster than usual, with the most recent data indicating a shorter time on the market compared to previous years.

What Does This Mean for You?
With demand increasing and mortgage rates down, your house may sell quickly too! Now could be an excellent time to list your home and take advantage of the strong housing market.

🏡 House of the Week 🏡
📍 25 Breeze Hill Ln Martinsburg, WV 25405
💰 $250,000
🛏️ 3 bedrooms & 1.5 baths on main level
🚗 Detached garage
🔥 Wood-burning fireplace
🌳 Large fenced yard
🏡 Partially finished basement with second kitchen, bedroom, and full bathroom

This charming rancher is perfect as a starter home and offers a prime location close to Route 81. Don't miss out – schedule a viewing today!

🏠📈 Houses Are Still Selling Fast! 🏠📈 Thinking of selling your house? Here's some good news! While the housing market isn't as frenzied as it was during the 'unicorn' years, homes are still selling faster than normal. 📊 The graph below shows median days on the market for every January from 2017 to the latest data available. Homes are selling faster than usual, with the most recent data indicating a shorter time on the market compared to previous years. What Does This Mean for You? With demand increasing and mortgage rates down, your house may sell quickly too! Now could be an excellent time to list your home and take advantage of the strong housing market. 🏡 House of the Week 🏡 📍 25 Breeze Hill Ln Martinsburg, WV 25405 💰 $250,000 🛏️ 3 bedrooms &amp; 1.5 baths on main level 🚗 Detached garage 🔥 Wood-burning fireplace 🌳 Large fenced yard 🏡 Partially finished basement with second kitchen, bedroom, and full bathroom This charming rancher is perfect as a starter home and offers a prime location close to Route 81. Don't miss out – schedule a viewing today!

Welcome to the Jay Day and the Day Home Team Podcast! Every week 99.9 WFRE’s Tom Whalen will be chatting with Jay to find out the latest news, tips and real estate secrets you need to know if you are planning on buying or selling a house.

Jay Day's Real Estate Podcast

Tune in weekday mornings from 5-10am for the Free Country Wake Up Crew with Tom Whalen and Dianah Gibson.

Tune in weekday mornings from 5-10am for the Free Country Wake Up Crew with Tom Whalen and Dianah Gibson.

Wake Up Crew Podcast

Wake Up Crew

Episode #356 - 2/23/24

Weekend recap! Nurses Day! Naked Cruise! Is watching sports healthy? Birthdays! What is your earworm driving you crazy?

Weekend recap! Nurses Day! Naked Cruise! Is watching sports healthy? Birthdays! What is your earworm driving you crazy?

May 6, 2024

Congrats graduates! Pickle Seltzer! Birthdays! Questions for our mediums, Rhonda and Terri!

Congrats graduates! Pickle Seltzer! Birthdays! Questions for our mediums, Rhonda and Terri!

May 3, 2024

 This Week's Podcast Episode: "What Is Going on with Mortgage Rates?" 

 You've probably heard that mortgage rates are expected to stay higher for a bit longer than anticipated. Curious about why? It's all in the latest economic data and decisions from the Federal Reserve. Let's dive into the factors influencing these changes!



Economic Factors Influencing Mortgage Rates:

-  Inflation: While we've seen significant progress, inflation hasn't yet hit the Fed's target of 2%. Recent data shows it's inching up again, impacting future decisions.

-  Federal Reserve's Monetary Policy: Early 2022 saw an increase in the Federal Funds Rate, directly influencing the rise in mortgage rates. Although inflation is slowing, we're not out of the woods yet, and this continues to affect rates.



 As explained by experts:

- Sam Khater (Freddie Mac): "Strong economic data has the market rethinking the Fed's next moves, leading to higher mortgage rates."

- Greg McBride (Bankrate): "The long-term outlook on economic growth and inflation are crucial for mortgage rates. It all revolves around inflation."



 When Will Rates Drop?

Despite the delays, experts like Mike Fratantoni from the MBA predict a decrease in mortgage rates later this year, though not as soon or as dramatically as hoped.



 House of the Week: 

- Address: 2 Brookside Ln, Gettysburg - $720,000

- Open House:  Saturday 5/4, 1 PM - 3 PM

- Features:  5 bedrooms,  4.5 baths,  over 5,800 sq ft,  two-story family room,  screened-in porch with cozy fireplace ,  primary bedroom suite on main level,  office with beautiful built-in bookshelves,  gourmet kitchen.

- Community:  The Links at Gettysburg, offering a pool , clubhouse , walking trails , and a prime spot on the renowned Links Golf Course .

 Don't miss this luxurious opportunity to explore a vibrant community and stunning home during our open house. See how life could be at The Links at Gettysburg!

This Week's Podcast Episode: "What Is Going on with Mortgage Rates?" 
 You've probably heard that mortgage rates are expected to stay higher for a bit longer than anticipated. Curious about why? It's all in the latest economic data and decisions from the Federal Reserve. Let's dive into the factors influencing these changes!
 
Economic Factors Influencing Mortgage Rates:
-  Inflation: While we've seen significant progress, inflation hasn't yet hit the Fed's target of 2%. Recent data shows it's inching up again, impacting future decisions.
-  Federal Reserve's Monetary Policy: Early 2022 saw an increase in the Federal Funds Rate, directly influencing the rise in mortgage rates. Although inflation is slowing, we're not out of the woods yet, and this continues to affect rates.
 
 As explained by experts:
- Sam Khater (Freddie Mac): "Strong economic data has the market rethinking the Fed's next moves, leading to higher mortgage rates."
- Greg McBride (Bankrate): "The long-term outlook on economic growth and inflation are crucial for mortgage rates. It all revolves around inflation."
 
 When Will Rates Drop?
Despite the delays, experts like Mike Fratantoni from the MBA predict a decrease in mortgage rates later this year, though not as soon or as dramatically as hoped.
 
 House of the Week: 
- Address: 2 Brookside Ln, Gettysburg - $720,000
- Open House:  Saturday 5/4, 1 PM - 3 PM
- Features:  5 bedrooms,  4.5 baths,  over 5,800 sq ft,  two-story family room,  screened-in porch with cozy fireplace ,  primary bedroom suite on main level,  office with beautiful built-in bookshelves,  gourmet kitchen.
- Community:  The Links at Gettysburg, offering a pool , clubhouse , walking trails , and a prime spot on the renowned Links Golf Course .
 Don't miss this luxurious opportunity to explore a vibrant community and stunning home during our open house. See how life could be at The Links at Gettysburg!

Episode #356 - 2/23/24

Jay Day's Real Estate Podcast

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