Lower Oil Prices Give Mortgage Rates a Needed Boost

Private Money Loan Problems and New-Construction Closing Delays

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: 🔗 **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 #PPIReport #CPIReport #InflationData #MortgageApplications #PurchaseApplications #Refinance #OilPrices #StraitOfHormuz #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #NewConstruction #PrivateMoneyLoan #HomebuyerTips #MarketNewsWithTeeth #CaliforniaRealEstate #ModestoRealEstate #CentralValleyRealEstate

Rental Prices Soften as Shelter Inflation Finally Starts Cooling

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/ #RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstateJerky #MortgageRates #CPIReport #InflationData #OilPrices #GasPrices #CapitalGainsTax #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #SmartHome #HomeSellingTips #BuyerTips #ShelterInflation #RentalMarket #StraitOfHormuz #CaliforniaRealEstate #ModestoRealEstate #CentralValleyRealEstate #MarketNewsWithTeeth

Almost 40% of Listings See Price Cuts as Sellers Face Buyer Pushback

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: 🔗 **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 #HousingInventory #PriceReductions #CPIReport #PPIReport #TenYearTreasury #OilPrices #VALoans #WellWaterTest #ReverseMortgage #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Challenger Job Cuts Fall as Summer Hiring Stays Unclear

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) - **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 #ADPJobs #MortgageApplications #ConstructionSpending #ISMManufacturing #JobCuts #OilPrices #GasPrices #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Rental Prices Slip as More Families Choose Multi-Generational Living

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