Pending Home Sales Surprise Higher as Mortgage Pricing Gets Hammered
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Pending Home Sales Surprise Higher as Mortgage Pricing Gets Hammered
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down stronger-than-expected pending home sales, steady private-sector job growth, and a sharp rise in inventory, all while mortgage pricing gets hit hard again. They also cover worsening rate pressure tied to oil and global tension, local Stanislaus County softness, and why sellers still need to trust their realtor on pricing if they want to move their home.
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