Real Estate Jerky

Builders are leaning on incentives and price cuts to move new homes. Ed Parcaut and Michael Kelly break down what that means if you are shopping for a new build, why you should still get a home inspection before closing, and whether selling in a soft market makes sense. Plus USDA loans for homes outside the big cities, Investopedia's 2026 list of small towns for retirees (none in California), the housing measures on the California ballot, and this week's Community Corner. Market figures are as read on air.

Source: Investopedia, "29 Charming Small Towns Perfect for Retirement Living" (2026 list, accessed Oct 28, 2026): https://www.investopedia.com/29-charming-small-towns-perfect-for-retirement-living-11892680

Real Estate Jerky Radio airs Saturdays at noon on Power Talk 1360 KFIV and iHeartRadio, with replays Sundays at 3 PM and Wednesdays at 7 PM.

Not affiliated with or endorsed by the U.S. Department of Veterans Affairs, USDA, CalVet, CalHFA or any government agency.

Rates discussed are as of the recording date and change daily. Not a commitment to lend.

Not financial advice. Ballot measure discussion is for information only; do your own research before you vote. Edward R. Parcaut, NMLS #235384, CA DRE #01077454. Lending For Living Inc, Real estate broker, California Department of Real Estate, NMLS #855360, CA DRE #01907016. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines and program availability. NMLS Consumer Access: www.nmlsconsumeraccess.org Ed Parcaut, NMLS #235384 | Lending For Living Inc, NMLS #855360 Michael Kelly, CA DRE #01072204, RE/MAX Executive

Ed Parcaut and Mike Kelly talk about why this is a unique market for buyers: more price cuts, pending home sales at a low, and sellers who are willing to listen to offers. Plus builder incentives on new homes, why home repair and contractor quotes feel so high right now, why you should get an inspection on a brand-new home before you close, and Community Corner with what's happening around Modesto and Stanislaus County this weekend.

Real Estate Jerky Radio airs Saturdays at noon on Power Talk 1360 KFIV. More at realestatejerky.com.

Michael Kelly, CA DRE #01072204, RE/MAX Executive

Ed's opinion, not financial advice.

Edward R. Parcaut, NMLS #235384, CA DRE #01077454. Lending For Living Inc, Real estate broker, California Department of Real Estate, NMLS #855360, CA DRE #01907016. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines and program availability. NMLS Consumer Access: www.nmlsconsumeraccess.org

Ed Parcaut and RE/MAX Executive realtor Mike Kelly break down this week's real estate market on Real Estate Jerky, on Power Talk 1360 KFIV and iHeartMedia.

In this episode:

• Spam lead texts, a door company that never sent a quote, and the idea for a new "Friends of Real Estate Jerky" list of vendors Ed and Mike have used and trust
• Nationwide and California inventory and days-on-market numbers, plus local Stanislaus County closings
• How AI tools are changing everyday work for small businesses
• A renter survey on wanting to buy, and the down payment barrier
• CoreLogic home price data and why California is a different market
• Community events coming up, including the Veterans Day parade
• California FAIR Plan changes and why it pays to get insurance requoted
• Defensible space and fire prep
• A "Flintstones" cave house for sale in Illinois for $59,000
• How credit scores and debt-to-income come into play when buying
• U.S. News best places to live
• People leaving California, and a proposed ban related to silica in engineered stone countertops
• Community Corner: this weekend's local events, including the Cheese and Wine Festival

Airs Saturdays at noon on KFIV 1360, with replays Sunday at 3 PM and the following Wednesday at 7 PM. Find past shows wherever you get podcasts or at realestatejerky.com.

This show is for general information and entertainment only and is not an offer to lend or a commitment to lend. Edward R. Parcaut, NMLS #235384, CA DRE #01077454. Lending For Living Inc, Real estate broker, California Department of Real Estate, NMLS #855360, CA DRE #01907016. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines and program availability. NMLS Consumer Access: www.nmlsconsumeraccess.org Not affiliated with or endorsed by the U.S. Department of Veterans Affairs or any government agency.

Ed Parcaut and Mike Kelly cover CLUE reports, water claims, low-loan qualified mortgage issues, national inventory, California and Stanislaus County housing numbers, Proposition 37 homebuyer assistance, USDA loans, VA loan strategy, PCE inflation, oil recovery, builder incentives, real estate fraud, coastal erosion, SB 1014, and Community Corner events.

National inventory rose to 895,398, median list price dropped to $439,000, days on market held at 70, and price reductions climbed to 42.51%. Stanislaus County showed 833 active listings and 250 September closings.

Ed and Mike also explain why water claims can haunt a property, why new homes are sometimes cheaper than resale, and why buyers need to run the numbers instead of chasing headlines.

A full Real Estate Jerky market update with something to chew on.

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!

#RealEstateJerky #EdParcaut #MikeKelly #LoanSquad #LendingForLiving #MortgageRates #HousingInventory #PriceReductions #CLUEReport #WaterClaim #HomeownersInsurance #QualifiedMortgage #Prop37 #USDAloan #VALoans #BuilderIncentives #RateBuydown #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #RealEstateFraud #CoastalErosion #CommunityCorner #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly cover national inventory, seller price reductions, California and Stanislaus County housing numbers, CLUE reports, water claims, VA buyer strategy, manufactured homes, rent versus buy math, and RealEstateJerky.com's new Community Corner.

National inventory reached 890,303, median list price was $439,900, days on market held at 70, and price reductions were 42.07%.

Ed and Mike explain why water claims can cause insurance problems for future buyers, why VA land and manufactured-home deals require careful structure, and why buying can beat renting when leverage, time, and appreciation are part of the math.

A full Real Estate Jerky market update with something to chew on.

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!

#RealEstateJerky #EdParcaut #MikeKelly #LendingForLiving #LoanSquad #MortgageRates #HousingInventory #PriceReductions #CLUEReport #HomeownersInsurance #WaterClaim #VALoans #ManufacturedHome #PermanentFoundation #RentVsBuy #Homeownership #RealEstateJerkyCom #CommunityCorner #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly cover national housing inventory, price reductions, mortgage-rate pressure, FICO versus VantageScore, mortgage late payments, California and Stanislaus County market data, rare land listings, builder weakness, and homeownership wealth.

National inventory fell to 873,978, median list price dropped to $439,000, days on market held at 70, and price reductions stayed at 42.08%.

Ed explains why mortgage payment history matters, why VantageScore may help some borrowers compared with FICO, and why buyers should let a lender run the full file before deciding they cannot qualify.

A full Real Estate Jerky market update with something to chew on.

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! #RealEstateJerky #EdParcaut #MikeKelly #LendingForLiving #AIJerky #MortgageRates #HousingInventory #PriceReductions #FICO #VantageScore #CreditScore #VALoans #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #BuilderConfidence #HousingShortage #Homeownership #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly cover national housing inventory, price reductions, mortgage affordability, FICO versus VantageScore, California and Stanislaus County real estate numbers, San Francisco AI wealth, Turlock housing pressure, Malibu coastal erosion, and buying versus renting.

National inventory rose to 883,673, median list price dipped to $439,900, days on market held at 70, and price reductions reached 42.14%.

Ed explains why a $70,000 income may not support a $500,000 home in today's rate environment, why FHA, VA, conventional, mortgage insurance, taxes, and debts matter, and why buyers should let the lender run the full picture before assuming they are out.

A full Real Estate Jerky market update with something to chew on.

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! #RealEstateJerky #EdParcaut #MikeKelly #LendingForLiving #LoanSquad #MortgageRates #HousingInventory #PriceReductions #BuyerAffordability #FICO #VantageScore #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #TurlockRealEstate #SanFranciscoRealEstate #AIWealth #MalibuRealEstate #Homeownership #RentVsBuy #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly cover AI in business, national housing inventory, price reductions, California and Stanislaus County real estate numbers, builder incentives, San Francisco luxury demand, cost-of-living pressure, empty-nester housing, and adult children moving back home.

National inventory rose to 879,764, median list price dropped to $440,000, days on market moved to 70, and price reductions reached 42.10%.

Ed and Mike also discuss why AI can help professionals work faster, why builders are offering major incentives, why some sellers should counter instead of reject offers, and why homeownership remains a key wealth-building tool.

A full Real Estate Jerky market update with something to chew on.

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! #RealEstateJerky #EdParcaut #MikeKelly #LendingForLiving #LoanSquad #MortgageRates #HousingInventory #PriceReductions #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #AIRealEstate #AIBusiness #BuilderIncentives #CostOfLiving #Homeownership #SanFranciscoRealEstate #LuxuryRealEstate #EmptyNesters #HousingAffordability #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly cover as-is pricing, seller repairs, rate-lock extension costs, national inventory, price reductions, California and Stanislaus County housing supply, builder incentives, USDA loans, CalHFA costs, and buyer payment strategy.

National inventory rose to 871,063, median list price moved to $445,000, days on market stayed at 63, and price reductions reached 41.68%.

Ed and Mike also explain why seller delays can cost buyers money through lock extensions, why USDA may be worth checking before CalHFA in some rural areas, and why buyers should ask their lender to rerun payments before writing an offer.

A full Real Estate Jerky market update with something to chew on.

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 #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #JoblessClaims #RentGrowth #HomePrices #HomeValues #ConsumerStress #WalmartEarnings #FAIRPlan #CaliforniaInsurance #BuyerAffordability #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

Ed Parcaut and Mike Kelly cover falling national inventory, rising price reductions, record homeowner equity, FHA and VA mortgage distress, assumable VA loans, self-employed borrower rules, and millennial homeownership.

National inventory moved to 865,709, median list price fell to $448,665, and price reductions reached 41.44%. At the same time, homeowner equity hit a record $18 trillion, while more recent FHA and VA borrowers showed higher levels of negative equity and default.

Ed also explains how VA assumptions may help military families relocate and why changing from W-2 employment to contract work can delay mortgage qualification.

A full Real Estate Jerky market update with something to chew on.

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! #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #HousingInventory #PriceReductions #HomeEquity #NegativeEquity #VALoans #VALoanAssumption #FHALoans #MortgageDefault #MilitaryHomebuyer #SelfEmployedBorrower #MillennialHomebuyer #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #TexasRealEstate #FloridaRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth