Private Money Loan Problems and Wire Fraud Warnings for Borrowers

Sellers Face Reality as National Price Reductions Break 40%

Ed Parcaut and Mike Kelly cover national housing inventory, price reductions, mortgage rates, oil prices, and Stanislaus County real estate activity. National inventory jumped by 15,348 listings to 859,353 after the July Fourth holiday stretch. The median list price stayed at $449,900, days on market held at 63, and price reductions moved above 40%. Ed and Mike also review local active listings, pending sales, July closings, mortgage-rate pressure, oil near $80, and the jobs and housing reports coming this week. 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 #HousingInventory #PriceReductions #HousingMarketUpdate #OilPrices #TenYearTreasury #ADPJobs #JoblessClaims #NewHomeSales #MortgageApplications #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Consumer Sentiment Improves While Buyers Still Face Rate Pressure

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: 🔗 **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

Rental Growth Slows as Shelter Inflation Finally Shows Relief

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

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