Real Estate Jerky Daily

National housing inventory increased again, but homeowners are also holding a record amount of equity. What do those two numbers tell us about the direction of the real estate market? In this episode of Real Estate Jerky Daily, Ed Parcaut examines the latest housing, mortgage, manufacturing, and builder-confidence reports. National active inventory increased by more than 10,000 listings to approximately 816,924. The national median list price remained around $450,000, average market time held near 56 days, and price reductions climbed to approximately 37.93%. Ed explains why rising inventory matters without automatically signaling a housing crash. Real estate remains highly local, and conditions can vary significantly...

In this June 12 episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down local housing activity, California market numbers, VA mortgage pricing, wage growth, and the economic reports that could move rates next week. The local Stanislaus County market remained active, with closings increasing from earlier in the week and pending sales continuing to hold above 400. Ed and Mike also review California housing activity, including daily closings, pending transactions, days on market, and the percentage of sellers reducing their asking prices. One of the most important mortgage topics in this episode is the difference between a VA...

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly cover a packed Thursday market update featuring inflation data, jobless claims, mortgage rate movement, existing home sales, oil prices, and global uncertainty. Ed starts with the market reaction, including the Dow moving higher, mortgage pricing improving by several basis points, and the 10-year Treasury sitting around the mid-4 percent range. Even with some improvement in mortgage pricing, Ed explains that rates are still being affected by inflation pressure, war headlines, oil prices, and broader market uncertainty. The major economic report in this episode is the Producer Price...

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly return with a Tuesday market update covering local real estate numbers, national inventory, existing home sales, mortgage rates, employment data, and the economic reports buyers and sellers should be watching. Mike starts with the May closing numbers, noting that Stanislaus County finished stronger than it looked earlier in the month, with 322 closings, 705 active listings, and pending sales still holding in the 400s. Ed and Mike explain why these local numbers matter for buyers, sellers, agents, and anyone trying to understand the Central Valley market. Ed then moves...

n this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly cover the latest market signals affecting mortgage rates, real estate decisions, and buyer confidence. The conversation starts with the market reaction to global ceasefire headlines, oil prices, the Dow, and the 10-year Treasury. Ed notes that mortgage pricing improved by several basis points while the 10-year Treasury remained in the mid-4 percent range, keeping rates front and center for buyers and borrowers. Ed and Mike also discuss the Challenger Job Cut Report, which showed corporate layoffs increasing in May, along with initial jobless claims coming in above...

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly take a fast-moving look at the economic reports, mortgage rate signals, and local real estate numbers shaping the market. The episode opens with Ed and Mike's usual banter before moving into the day's market activity, including a major move in the Dow, the 10-year Treasury sitting around the mid-4 percent range, and mortgage rates improving by several basis points. Ed also discusses how global events, oil movement, and market uncertainty can influence investor behavior and mortgage pricing. The conversation then shifts into the Challenger Job Cut Report...

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly dig into the latest real estate and mortgage market numbers with their usual mix of local insight, market experience, and unfiltered humor. The conversation starts with real-world mortgage documentation issues, including why lenders have to verify income changes, job moves, and salary increases. Ed explains how today's lending environment is shaped by past fraud problems and why borrowers are often surprised by how much documentation is required. From there, Ed and Mike move into the market numbers, including Stanislaus County activity, active listings, pending sales, and recent...

In this episode of Real Estate Jerky Daily, Ed Parcaut breaks down the latest market numbers and what they may mean for real estate, mortgage rates, and housing decisions. The conversation starts with the JOLTS report, which tracks job openings and labor turnover. With job openings coming in above expectations, Ed looks at how labor market strength can influence the broader economy, mortgage rates, and the Federal Reserve's next moves. Ed also discusses movement in the 10-year Treasury, recent pressure on mortgage rates, oil price volatility, and updated home value data showing that prices are still rising, even if many...

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is offering more buyer opportunity even while oil and gas prices are putting fresh pressure on rates. They cover rising national inventory, higher California listings, stronger Stanislaus County numbers, and why buyers who are ready can still do well when everyone else is waiting for perfect conditions. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is giving buyers a little more breathing room. National inventory is up, local pending activity is improving, and bond pricing got modestly better during the show. They also cover GDP slowing, jobless claims, oil and Iran headline risk, and the practical mistakes buyers can make during escrow if they do not stay in close contact with their lender. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is finally giving serious buyers a little more room to work. National inventory jumps, Stanislaus County inventory rises sharply, and local pending sales move back into the 400s. They also cover rate pressure tied to oil, why buying when other people hesitate can still be the smartest move, and the real-world mistakes buyers make with credit, jobs, and escrow timing. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is opening up just enough to create opportunity for serious buyers. National inventory jumps again, local pending sales rebound, and Stanislaus County stays active even with mortgage-rate pressure still in the background. They also cover credit-score model differences, why timing matters more than headlines, and how buyers can benefit when other people hesitate. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down rising national and California inventory, hotter-than-expected inflation, and why affordability pressure is still keeping the market from feeling easy for buyers. They cover mortgage application trends, local Stanislaus County activity, seller pricing mistakes, and why listening to your realtor still matters when more listings hit the market. Contact and Social Links: 🔗 **Follow us:**
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...

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a rougher day for mortgage pricing as peace talks fade and market nerves rise again. They cover stronger housing permits, weaker housing starts, rising single-family rents, and why builders are still leaning toward multifamily as affordability pressure keeps more households in the rental lane. The episode also touches on lower initial jobless claims, inflation worries, and why rates may stay elevated longer than many buyers hoped. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down stronger-than-expected pending home sales, steady private-sector job growth, and a sharp rise in inventory, all while mortgage pricing gets hit hard again. They also cover worsening rate pressure tied to oil and global tension, local Stanislaus County softness, and why sellers still need to trust their realtor on pricing if they want to move their home. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down stronger-than-expected pending home sales, a sharp jump in national inventory, and the way oil and global uncertainty are hammering mortgage pricing again. They also cover ADP private-sector job growth, the limits of unemployment benefits for laid-off workers, local market pacing, and why sellers still need to price their homes correctly if they want them sold. It is another fast-moving daily update packed with housing data, mortgage perspective, and the straight talk Real Estate Jerky listeners expect. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is getting more inventory while rate pressure is staying stubborn. They cover a miss in existing home sales, rising seller price cuts, oil above $100, and why buyers can sometimes find better deals when rates scare other people out of the market. The episode also touches on stronger retail sales, rising jobless claims, wire-fraud risks, and why sellers still need to trust their realtor on price. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is getting more inventory while rate pressure is getting worse again. They cover a small miss in existing home sales, steady price reductions, oil-driven mortgage pressure, and why sellers still need to price their homes where their agents tell them to. The episode also touches on the packed economic calendar ahead, including CPI, PPI, mortgage applications, retail sales, jobless claims, and the Kevin Warsh Fed chair vote. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a stronger local market, with 361 closings through April, 396 pending sales, and rate pricing that improved sharply from the open. They also cover hotter-than-expected CPI, stronger new home sales, why new homes are now pricing below existing homes, and a surprising veteran homebuyer stat showing that many eligible buyers still do not know they can use a VA loan with zero down. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down a market that is showing more inventory while still holding onto real buyer demand. They talk through pricing strategy, seller adjustments, affordability pressure, and the ongoing tension between more supply and a market that still is not easy for buyers to navigate. It is another practical conversation built around real estate trends, mortgage insight, and the direct style the show is known for. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down a sharp jump in national housing inventory, a rise in price reductions, and why sellers still need to price correctly from the beginning. They also cover housing starts and permits, California inventory pressure, local Stanislaus County activity, and why people are finally leaving their ultra-low interest rates behind to make necessary life moves. The conversation also touches on affordability, first-time buyer age trends, and what keeps California housing feeling tight even as inventory grows. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down a sharp jump in national housing inventory, a rise in price reductions, and why sellers still need to price correctly from the beginning. They also cover housing starts and permits, California inventory pressure, local Stanislaus County activity, and why people are finally leaving their ultra-low interest rates behind to make necessary life moves. The conversation also touches on affordability, first-time buyer age trends, and what keeps California housing feeling tight even as inventory grows. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down a sharp jump in national housing inventory, a rise in price reductions, and why sellers still need to price correctly from the beginning. They also cover housing starts and permits, California inventory pressure, local Stanislaus County activity, and why people are finally leaving their ultra-low interest rates behind to make necessary life moves. The conversation also touches on affordability, first-time buyer age trends, and what keeps California housing feeling tight even as inventory grows. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut goes solo and breaks down a rough day for mortgage pricing as oil moves above $100 and the Strait of Hormuz remains the biggest market story. He covers worse rate movement, a slight dip in national housing inventory, the week's major jobs reports, and why those reports may not matter much unless the oil story cools off. The episode also touches on seller repair issues that can hurt appraisals, rent trends, and why California still seems better at building rentals than homes people can actually buy. Contact and Social Links: 🔗 **Follow us...

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down a sharp jump in national housing inventory, a rise in price reductions, and why sellers still need to price correctly from the beginning. They also cover housing starts and permits, California inventory pressure, local Stanislaus County activity, and why people are finally leaving their ultra-low interest rates behind to make necessary life moves. The conversation also touches on affordability, first-time buyer age trends, and what keeps California housing feeling tight even as inventory grows. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut goes solo to break down a mixed economic picture, including weaker-than-expected GDP, sharply lower jobless claims, rising housing starts, and steady mortgage application activity. He also covers oil-driven rate volatility tied to Iran headlines, why the market is still in lock mode for borrowers, and what upcoming credit scoring changes involving VantageScore and FICO could mean for the mortgage industry. It is another practical daily update packed with housing data, mortgage perspective, and straight talk on what matters right now.

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In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down rising national housing inventory, stronger mortgage application activity, and why California still feels tight even after adding more housing over time. They cover statewide and local Stanislaus County numbers, foreclosure filing trends, affordability pressure, and why sellers still need to price correctly from the start. The conversation also touches on California's long-term housing shortage, buyer demand, and how mortgage rate pressure continues to shape behavior. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a stronger local market snapshot, with 542 closed sales, 606 pending sales, and 780 new listings in the latest week-ending update. They also cover lower mortgage-rate pressure, why Freddie Mac and lender websites can show different numbers, and how oil and global headlines are still influencing the market. The episode also touches on buyer momentum, seller strategy, generational buying trends, and why real estate awards based on dollar volume do not always tell the whole story. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down the latest jobless claims numbers, continued tension around the Strait of Hormuz, and what all of it means for mortgage rates. They also cover Freddie Mac's lower 30-year rate reading, stronger mortgage application volume, and a better-than-expected pending home sales report. The episode also dives into California's long-running housing shortage, why more units still have not solved affordability, and why Stanislaus County activity suggests buyers are still moving even in a noisy market. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down stronger-than-expected pending home sales, solid private-sector job growth, and another sharp rise in national housing inventory. They also cover why rates are still decent for buyers ready to move now, local Stanislaus County numbers, and why pricing strategy still matters even as listings increase. The episode also touches on deed-fraud alerts, vacant land listing scams, AI voice-cloning fraud, and why buyers and sellers need to stay sharp in a market full of noise. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a fresh jump in national housing inventory, a rise in median days on market, and the growing number of sellers forced to reduce price. They also cover oil-driven mortgage volatility tied to Strait of Hormuz headlines, why inventory growth does not automatically mean a buyer's market, and the continued importance of pricing a home correctly from the start. It's another fast-moving daily update packed with housing data, mortgage perspective, and the signature Real Estate Jerky banter. Contact and Social Links: 🔗 **Follow us:**
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In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down steady local market activity in Stanislaus County, slightly lower mortgage rates, and a fresh look at who is really driving today's housing market. They cover mortgage application trends, rising refinance volume, and the surprising reality that baby boomers now account for the largest share of home purchases. The conversation also touches on first-time buyer challenges, generational shifts in the market, and the broader affordability issues still shaping California real estate. It's another quick, practical daily update with real numbers, real talk, and the usual Real...

Welcome back to Real Estate Jerky Daily with Ed Parcaut and Mike Kelly. In this episode, Ed and Mike break down fresh inflation and employment data, including a better-than-expected PPI report, stronger ADP private job growth, and weaker small-business optimism. They also dive into one of the most important seller lessons in today's market: homes priced right move, and homes priced wrong sit. Topics covered in this episode: PPI inflation comes in cooler than expected
Core PPI also lands below estimates
ADP private employment improves
Small business optimism weakens
Why mortgage pricing looked better
Why...

Welcome back to Real Estate Jerky Daily with Ed Parcaut and Mike Kelly. In this episode, Ed and Mike break down the latest housing and economic numbers, including a miss in existing home sales, another increase in inventory, and a record-low consumer confidence reading. Topics covered in this episode: Existing home sales came in below expectations
National inventory moved higher again
Median home price hit a record for March
First-time buyer, investor, and cash-buyer activity
Why the market still feels uncertain even with more listings
Bond market movement and mortgage rate pressure
University of...

Start your day off right with Ed Parcaut and Mike Kelly as they break down the latest trends, numbers, and stories shaping today's real estate market—served up with their signature wit and insight. In this episode, they dive into week-ending market stats, including pending sales, new listings, and days on market, making sense of shifting inventory and pricing strategies. But it's not all numbers—Ed and Mike peel back the headlines, from international events impacting oil prices and mortgage rates to the ripple effects on local repairs and home values. Alongside economic updates like CPI and PCE reports, they deba...

Kick off your mornings with sharp market insights and a healthy dose of humor on "Real Estate Jerky Daily." Join host Ed Parcaut and guest Mike Kelly as they break down the day's hottest real estate headlines, deliver no-nonsense updates on mortgage rates, inventory, and market shifts, and share behind-the-scenes stories from the world of buying and selling homes. In each episode, expect a lively blend of practical advice and current events—from market stats and loan trends to tips for navigating new seller and buyer realities. Whether you're a homeowner, agent, or just real estate-curious, you'll get clear explanations, ti...

Join Ed Parcaut and Mike Kelly every weekday for "Real Estate Jerky Daily," your go-to for real estate news, market trends, insightful analysis, and plenty of humor. In this episode, Ed returns from a whirlwind weekend and dives into the latest on home prices, mortgage rates, and what's really shifting the market—from oil price spikes and economic uncertainty to the ripple effects of tech layoffs and AI. Discover why California's median home price is dipping, the impact of rising rates, and whether now is the right time to buy. Get a candid look at Central Valley's unique market, supply an...

Join Ed Parcaut and Mike Kelly as they cut through the noise and serve up timely, insightful real estate market updates—always topped off with their signature wit. Each daily episode features a fast-paced rundown of local and national market numbers, expert takes on trends impacting rates, inventory, and home prices, plus candid discussions about what it really costs to remodel, recent economic indicators, and the ever-changing affordability landscape. Whether you're a homeowner, buyer, investor, or just love straight talk with a dash of humor, you'll appreciate Ed Parcaut and Mike Kelly's reliable mix of stats, stories, and sharp banter. Th...

Get your daily dose of real estate insights and market updates with Real Estate Jerky Daily, hosted by Ed Parcaut and Mike Kelly. Whether you're an industry insider, homeowner, or curious about the latest trends, this show serves up fresh numbers, relevant news, and candid conversations—always with a dash of humor. In each episode, Ed Parcaut and Mike Kelly break down vital stats like home price appreciation, the latest jobs data, and shifting mortgage rates. They're not afraid to question the headlines or add a little friendly banter, making complex information accessible and entertaining. You'll hear about: Day-to-day market mo...

Join Ed Parcaut and Mike Kelly as they cut through the real estate noise with up-to-the-minute market insights and unfiltered banter. Each episode delivers the latest on home listings, mortgage rates, industry shifts, and those quirky moments that come with life in the business. Today's show covers national inventory trends, rising gas prices, and the ever-changing economic landscape—including the week's big job reports and what they mean for buyers and sellers. Whether you're a seasoned agent, active buyer, or just curious about what's on the real estate horizon, tune in for practical advice, straight talk on California market challenges, an...