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Ed Parcaut and Mike Kelly cover the Fed reaction, mortgage pricing, Treasury yields, pending home sales, jobless claims, housing starts, building permits, Stanislaus County listings, wire fraud, prime rate, and California tappable equity.
Mortgage pricing improved by about 36 basis points after Fed comments, while the 10-year Treasury sat near 4.9467. Pending home sales rose only 0.3%, missing expectations for a 2% gain.
Ed and Mike also discuss initial jobless claims falling to 196,000, housing starts at a 1.275 million annualized pace, permits at 1.394 million, and why the country still is not building enough homes.
A short Real Estate Jerky Daily update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #FederalReserve #FedComments #TenYearTreasury #PendingHomeSales #JoblessClaims #HousingStarts #BuildingPermits #HousingSupply #WireFraud #PrimeRate #HomeEquity #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover Fed decision day, mortgage pricing, the 10-year Treasury, builder confidence, retail sales, mortgage applications, refinances, and Stanislaus County real estate activity.
Mortgage pricing improved by about 28 basis points, while the 10-year Treasury sat near 4.95. Builder confidence fell to 32, current sales dropped to 35, and buyer traffic stayed at 23.
Retail sales rose 1.2% in August, but mortgage applications fell 4.1%. Purchase applications dropped 1%, and refinances fell 9% for the week and 65% year over year.
A fast Real Estate Jerky Daily market update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #FedDecision #FederalReserve #TenYearTreasury #BuilderConfidence #NAHB #RetailSales #MortgageApplications #Refinance #PurchaseApplications #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #JacksonRealEstate #SellerCredits #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover Stanislaus County closings, rising listings, pending sales, the 10-year Treasury near 5%, WTI oil over $100, Fed hike expectations, ADP jobs, manufacturing data, Flock camera privacy concerns, and buyer offer tactics.
Stanislaus County closings jumped to 119, listings rose by about 40 overnight, and pending sales moved to around 358. Meanwhile, the 10-year Treasury tested the 5% level, oil stayed above $100, and Fed futures priced in a 92% chance of a 25 basis point hike.
Ed and Mike also discuss why buyers are still writing offers, why sellers should be careful with counters, and why Flock cameras in neighborhoods raise privacy questions.
A quick Real Estate Jerky Daily update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #TenYearTreasury #FederalReserve #FedMeeting #OilPrices #WTICrude #ADPJobs #EmpireStateManufacturing #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #BuyerOffers #SellerStrategy #FlockSafety #HOA #PrivacyConcerns #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover September 11, oil prices, CPI inflation, gasoline costs, mortgage rates, Stanislaus County listings, California housing numbers, and whether buying now beats waiting.
Oil moved above $102, Brent closed near $107, and gasoline rose 27% year over year. CPI increased 0.4% month over month and remained at 3.4% year over year, while core CPI rose 0.3% for the month.
Stanislaus County reached 853 active listings, 75 September closings, and California price reductions held around 41.3%.
A fast Real Estate Jerky Daily market update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #CPIReport #InflationData #OilPrices #GasPrices #TenYearTreasury #FederalReserve #HousingInventory #PriceReductions #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #Homeownership #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth #NeverForget
Ed Parcaut and Mike Kelly cover a rough mortgage-rate day, with mortgage pricing worsening by about 39 basis points and the 10-year Treasury near 4.92.
They also discuss oil over $100, jobless claims at 206,000, continuing claims near 1.774 million, and PPI rising 0.4% month over month and 5.4% year over year.
Locally, Stanislaus County reached 63 September closings with about 384 pending sales. Ed also shares that a VA appraisal came back in less than 24 hours, showing how slow transaction volume can affect turn times.
A quick Real Estate Jerky Daily update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #RateLock #TenYearTreasury #OilPrices #PPIReport #CPIReport #InflationData #JoblessClaims #VAAppraisal #VALoans #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover a fast-moving mortgage market as a lock alert hits, mortgage pricing worsens by about 18 basis points, the 10-year Treasury moves near 4.84, and oil climbs over $100.
They also discuss buyer affordability, ADP job growth at about 48,000 over four weeks, mortgage applications down 2.7%, refinance applications down 25% year over year, and Stanislaus County breaking 800 active listings.
Ed and Mike also talk about RE/MAX leadership changes, Treasury buybacks, FICO and VantageScore use, and why real estate professionals need to get back to basics in a slower market.
A short Real Estate Jerky Daily update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #RateLock #LockAlert #TenYearTreasury #OilPrices #BuyerAffordability #MortgageApplications #ADPJobs #Refinance #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #LoanOfficerTips #RealtorTips #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover Stanislaus County listings, September closings, oil prices, small business optimism, CPI and PPI week, national inventory, price reductions, and home value resilience.
Stanislaus County showed 802 active listings, 376 pending sales, and 42 September closings so far. National inventory rose by 3,909, median list price moved near $439,900, days on market held at 70, and price reductions reached 42.14%.
Ed and Mike also discuss oil near $93, diesel costs, NFIB small business optimism falling to 98.7, upcoming inflation reports, and why seller timing matters before winter hits mountain markets.
A fast Real Estate Jerky Daily update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #HousingInventory #PriceReductions #CPIReport #PPIReport #SmallBusinessOptimism #NFIB #OilPrices #DieselPrices #HomeValues #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #GrovelandRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover the September housing market, Labor Day weekend, Stanislaus County activity, California weekly sales, the BLS jobs report, mortgage-rate pressure, seller credits, appraisals, VA buyers, and mortgage industry layoffs.
Stanislaus County opened September with 19 closings, 380 pending sales, and 787 active listings. California weekly data showed closed sales down 7.6%, pending sales down 13.8%, and price reductions at 41.4%.
Ed also explains how seller credits can help buyers cover closing costs, why appraisals are still coming in strong, and why a stronger-than-expected jobs report pushed mortgage pricing worse.
A fast Real Estate Jerky Daily market update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #BLSJobsReport #JobsReport #SellerCredits #ClosingCosts #HomeAppraisal #VALoans #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #CaliforniaRealEstate #HousingMarketUpdate #MortgagePodcast #RealEstatePodcast #LaborDayWeekend #MortgageIndustry #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover Stanislaus County closings, mortgage pricing, Treasury yields, Fed Governor Christopher Waller's inflation comments, jobless claims, private labor-market weakness, oil prices, and lender fee transparency.
Stanislaus County finished August with 276 closed transactions, while active listings fell to 749 and pending sales rose to 359. Mortgage pricing improved by about 23 basis points, with the 10-year Treasury near 4.746.
Ed also explains why borrowers should compare the full lender fee structure, not just the quoted rate or discount points.
A fast Real Estate Jerky Daily market update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #MortgagePricing #TenYearTreasury #FederalReserve #Waller #JoblessClaims #LaborMarket #OilPrices #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #PendingSales #LocalRealEstate #MortgageTips #LenderFees #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
Ed Parcaut and Mike Kelly cover ADP job growth, mortgage-rate pressure, mortgage applications, refinances, California housing numbers, Stanislaus County closings, oil flow through the Strait of Hormuz, and CFPB oversight.
ADP employment came in at 38,000 jobs, the weakest reading in seven months. Mortgage applications were flat, purchase activity was unchanged year over year, and refinance activity was down 19% year over year.
Ed and Mike also discuss the 10-year Treasury near 4.798, mortgage pricing worsening by about 4 basis points, California price reductions rising to 41.4%, and Stanislaus County reaching 283 August closings.
A fast Real Estate Jerky Daily market update with the usual bite.
Contact and Social Links:
๐ **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com)
๐ 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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #ADPJobs #MortgageApplications #Refinance #CashOutRefinance #TenYearTreasury #FederalReserve #HousingMarketUpdate #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #PriceReductions #OilPrices #StraitOfHormuz #CFPB #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth
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