Ed Parcaut and Mike Kelly cover national housing inventory, price reductions near 40%, mortgage-rate pressure, oil uncertainty, and the major economic reports coming this week.

Inventory moved to 844,011, the median list price dipped slightly to $449,900, days on market jumped to 63, and price reductions reached 39.57%.

Ed and Mike also discuss CPI, PPI, retail sales, pending home sales, housing starts, VA well water testing, reverse purchase timing, and local Stanislaus County activity.

A fast real estate and mortgage market update with the usual Real Estate Jerky bite.

Contact and Social Links:

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🔗 Ed Parcaut:

www.edparcaut.com
- Twitter: [@EdParcaut](https://twitter.com/EdParcaut)
- LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut)

Catch every episode for sharp insight and real talk about what matters now in real estate!

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Ed Parcaut and Mike Kelly break down capital gains misinformation, overrated home features, cooler CPI data, mortgage rates, gas prices, rental softness, and oil risk around the Strait of Hormuz.

In This Episode
Capital gains rules have not changed yet
Overrated modern home features
CPI comes in cooler than expected
Gas prices help headline inflation
Core inflation improves
Shelter inflation starts reflecting rental softness
Mortgage pricing improves
10-year Treasury update
Oil risk and Strait of Hormuz pressure
Real estate reels need fact-checking

Learn more:
https://www.edparcaut.com/real-estate-jerky-daily/

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Ed Parcaut and Mike Kelly cover retail sales, oil prices, jobless claims, rental inflation, mortgage-rate movement, and a real escrow mistake involving a VA appraisal fee.

Retail sales came in line with expectations, rental growth slowed again, initial jobless claims fell, and continuing claims dropped to a recent low. At the same time, oil moved higher near $80, keeping pressure on inflation and mortgage rates.

Ed also explains how a VA appraisal payment mistake created confusion after closing.

A fast Real Estate Jerky Daily market update with the usual bite.

Contact and Social Links:

🔗 **Follow us:**
- **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky)
- **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky)
- **Website:** [Real Estate Jerky](https://realestatejerky.com)

🔗 Ed Parcaut:

www.edparcaut.com
- Twitter: [@EdParcaut](https://twitter.com/EdParcaut)
- LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut)

Catch every episode for sharp insight and real talk about what matters now in real estate!

#RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #OilPrices #JoblessClaims #RetailSales #RentalInflation #ShelterInflation #VAAppraisal #EscrowMistake #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #MarketNewsWithTeeth