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!

#RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #HousingMarketUpdate #HousingInventory #PriceReductions #CPIReport #PPIReport #TenYearTreasury #OilPrices #VALoans #WellWaterTest #ReverseMortgage #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

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.

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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!

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

Ed Parcaut and Mike Kelly cover cooler PPI data, better CPI numbers, mortgage-rate improvement, mortgage application activity, oil risk, and the reports still coming this week.

Mortgage pricing improved by about 18 basis points, while purchase applications fell 7% and refinance applications rose 4%. Ed explains why buyers should focus on getting into the right home and refinancing later if rates improve.

They also discuss Strait of Hormuz concerns, upcoming retail sales and housing reports, new-construction delays, and private-money loan red flags.

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!

#RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #PPIReport #CPIReport #InflationData #MortgageApplications #PurchaseApplications #Refinance #OilPrices #StraitOfHormuz #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #NewConstruction #PrivateMoneyLoan #HomebuyerTips #MarketNewsWithTeeth #CaliforniaRealEstate #ModestoRealEstate #CentralValleyRealEstate

Ed Parcaut and Mike Kelly cover pending home sales, housing starts, builder confidence, foreclosure activity, California listings, mortgage buydowns, and consumer sentiment.

Pending home sales fell 5.4%, breaking a four-month streak of gains. Housing starts jumped nearly 20%, but the move was driven mostly by multifamily construction, not single-family supply.

Ed and Mike also discuss builder confidence, foreclosure filings, short sales, California market activity, and why temporary buydowns can help buyers manage the first year of payments.

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

Contact and Social Links:

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- **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

Ed Parcaut and Mike Kelly cover Stanislaus County closings, ADP jobs, construction spending, manufacturing data, mortgage applications, job cuts, oil prices, gas costs, and Modesto-area home values.

ADP private-sector job growth came in below expectations, mortgage applications were nearly flat, purchase applications rose slightly, and refinance activity slipped.

Ed and Mike also review local market numbers and compare home values across Modesto, Turlock, Salida, Oakdale, Riverbank, Patterson, and nearby communities.

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

Contact and Social Links:

🔗 **Follow us:**
- **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky)
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- **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 #HousingMarketUpdate #ADPJobs #MortgageApplications #ConstructionSpending #ISMManufacturing #JobCuts #OilPrices #GasPrices #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly cover FHFA home prices, Case-Shiller appreciation, JOLTS job openings, mortgage-rate pressure, oil prices, rental trends, and local closings.

Home prices are still rising nationally, though at a slower pace. JOLTS job openings came in stronger than expected at 7.59 million, putting pressure on bonds and mortgage pricing.

Ed and Mike also talk about local appraisals, rentals taking longer to lease, and more families purchasing multi-generational homes.

A fast real estate and mortgage market update with the usual Real Estate Jerky 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 #HousingMarketUpdate #FHFA #CaseShiller #JOLTSReport #JobOpenings #OilPrices #HomePrices #HomeAppreciation #RealEstatePodcast #MortgagePodcast #RentalMarket #MultigenerationalHomes #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly break down another increase in national housing inventory, local Stanislaus County activity, mortgage-rate movement, and why buyers should not assume appraisals will come in low.

They also cover the ICE Home Price Index, upcoming jobs reports, VA well water testing, wire fraud, and a private money loan situation that raises concerns for borrowers.

A straight market update for buyers, sellers, homeowners, veterans, and real estate professionals.

Contact and Social Links:

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- **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 #HousingMarketUpdate #MortgageRates #HousingInventory #HomeAppraisal #VALoans #WellWaterTest #WireFraud #PrivateMoneyLoan #RealEstatePodcast #MortgagePodcast #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #MarketNewsWithTeeth