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

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

Private Money Loan Problems and Wire Fraud Warnings for Borrowers

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

Lower Oil Prices Give Mortgage Rates a Needed Boost

Ed Parcaut delivers a quick Real Estate Jerky Daily market update covering lower oil prices, improving mortgage pricing, Dallas Fed inflation data, and next week's major reports. Mortgage pricing improved by about 14 basis points, WTI crude moved near $68, and oil continued trending lower. Ed explains why lower oil may help future inflation readings and why that matters for mortgage rates. He also previews Case-Shiller, FHFA, JOLTS, ADP employment, job cuts, mortgage applications, the BLS jobs report, and jobless claims. A fast market update for buyers, sellers, borrowers, and real estate professionals watching rates. 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 #RealEstateJerky #MortgageRates #OilPrices #InflationData #DallasFed #PCEReport #TreasuryYields #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #HomebuyerTips #ADPJobs #BLSJobsReport #JOLTS #CaseShiller #FHFA #MarketNewsWithTeeth #CaliforniaRealEstate #ModestoRealEstate #CentralValleyRealEstate