Real Estate Jerky Daily

Ed Parcaut and Mike Kelly cover a leaked White House draft order aimed at mortgage costs, mortgage applications falling even as rates eased, C.A.R.'s 2027 California forecast and why buyers have leverage right now. In this episode: • Ed's new show, The Daily Muster: a 10-minute look at what happened on this day in history, starting Monday on YouTube and podcasts • Local check: Stanislaus Count...

Ed Parcaut and Mike Kelly cover pending home sales dropping in every region with the West the worst, a housing starts miss, oil at a five-month high and a pirate ship house in Utah.   In this episode: • Local check: Stanislaus County listings, pendings and closings up from yesterday (the MLS screen shown on air) • Why compliance watches what we say about sellers helping buy down a rate, and why a...

Ed Parcaut and Mike Kelly cover builder confidence at a 14-year low, California's August sales, a Central Valley real estate fraud sentence and how agents can put a crew of AI bots to work.   In this episode: • Local check: Stanislaus County at 863 active listings, 322 pending and 139 closed (the MLS screen shown on air) • California in August: existing single-family home sales up 1.4% from a year...

Ed Parcaut and Mike Kelly cover the local market, the California FAIR Plan increase, a state check on LA fire insurance payouts and what's on next week's calendar. In this episode: • Stanislaus County market: 122 closed transactions since October 1st, 858 listings and 328 pendings (Mike Kelly's local market numbers) • Bonds and rates moved all over the place this week • The California FAIR Plan in...

Ed Parcaut and Mike Kelly cover the California FAIR Plan rate hike that takes effect today and why sellers keep cutting prices. In this episode: • California FAIR Plan: an average 29.1% dwelling rate increase for more than 675,000 policyholders, starting today, October 15, on new and renewal policies. Those with higher wildfire risk can pay more, and some policyholders will pay less (California FA...

Ed Parcaut and Mike Kelly dig into the latest existing-home sales numbers (up 1.5% to a 3.99 million pace, per NAR via MBS Highway, with a $417,500 median, per NAR) and break down what that means if you're buying or selling right now. In this episode: • Local numbers: 77 closed sales in 13 days, 848 active listings, 345 pending • National inventory down about 4,000 to 898,139. Median list price $4...

Ed Parcaut and Mike Kelly cover Stanislaus County closings, next week's CPI and PPI reports, the 10-year Treasury, mortgage pricing, strong bond auctions, Iran comments, Prop 37 buyer-assistance concerns, FAIR Plan increases, Zillow Gone Wild, Community Corner events, and contractor referrals. Stanislaus County reached 55 October closings after seven more properties closed. Mortgage pricing was wo...

Ed Parcaut and Mike Kelly cover Stanislaus County housing numbers, mortgage-rate pressure, the 10-year Treasury, oil and Strait of Hormuz headlines, Gulf production shutdowns, jobless claims, the California FAIR Plan increase, a viral Detroit listing, lender stress, Community Corner events, and sponsor opportunities. Stanislaus County added 10 closings, with 827 active listings and 344 pending sal...

Ed Parcaut and Mike Kelly cover mortgage lock alerts, the 10-year Treasury, France bond-market pressure, Treasury auction concerns, local Stanislaus County closings, falling mortgage applications, lender credit-score changes, California inventory, price reductions, FAIR Plan exposure, home-hardening savings, the silver tsunami, and reverse mortgage strategy. Stanislaus County started October with...

Ed Parcaut and Mike Kelly cover AI workflow problems, ChatGPT image issues, Canva fixes, Claude automation, Stanislaus County closings, national inventory, price reductions, mortgage rates, Treasury spreads, AI-company debt, ADP jobs, and reverse mortgage strategy. Stanislaus County finished September with 290 closings, 833 active listings, and 346 pending sales. National inventory rose to 902,112...

Ed Parcaut and Mike Kelly cover Stanislaus County closings, the BLS jobs report, unemployment, major jobs revisions, mortgage pricing swings, oil reserve headlines, the 10-year Treasury, Community Corner event fixes, and buyer opportunity. Stanislaus County September closings reached 279, up from 260 the day before. The BLS jobs report showed only 29,000 jobs added in September, with unemployment...

Ed Parcaut and Mike Kelly cover AI workflows, Claude, ChatGPT, Helping The Brave, Stanislaus County housing numbers, jobless claims, the upcoming BLS jobs report, ISM manufacturing, RealEstateJerky.com's Community Corner, newsletter automation, and local event discovery. Stanislaus County showed 826 active listings, 354 pending sales, and 269 closed transactions for September. Initial jobless clai...

Ed Parcaut and Mike Kelly cover Stanislaus County closings, mortgage applications, ADP jobs, GDP, PCE inflation, oil, Fed hike odds, California homeownership assistance ideas, SB 24 builder-cost transparency, and a home contractor warning. Stanislaus County reached 250 closings, with 367 pending sales and 833 active listings as September wraps up. Mortgage applications fell as rates rose to 7.30%....

Ed Parcaut and Mike Kelly cover Stanislaus County closings, mortgage-rate pressure, oil prices, Fed hike odds, home-price reports, existing home sales, rents, jobs data, consumer confidence, California housing bills, and the Mr. Beast house. Stanislaus County reached 238 closings for September. Mortgage pricing worsened by roughly 26 to 28 basis points, while the 10-year Treasury sat near 5.28. Ed...

Ed Parcaut and Mike Kelly cover Stanislaus County housing activity, national inventory, price reductions, a major mortgage lock alert, Treasury yields, oil pressure, Iran headlines, seller buydowns, and upcoming economic reports. Stanislaus County showed 848 active listings, 371 pending sales, and 229 September closings so far. National inventory rose to 895,398, while price reductions climbed to...

Ed Parcaut and Mike Kelly cover local Stanislaus County housing activity, California sales trends, mortgage-rate pressure, national inventory, consumer sentiment, durable goods, and state housing mandates. Stanislaus County showed 869 active listings, 364 pending sales, and 209 September closings so far. California closed sales were down 18.2% from the prior week, pending sales were down 34.7%, an...

Ed Parcaut and Mike Kelly cover Stanislaus County real estate numbers, mortgage-rate pressure, Treasury yields, jobless claims, new home sales, diesel prices, and local community events. Stanislaus County showed 866 active listings, 374 pending sales, and 190 September closings so far. Mortgage pricing worsened again as the 10-year Treasury hit 5.16, the highest level discussed since 2007. Ed and...

Ed Parcaut and Mike Kelly cover Stanislaus County closings, mortgage applications, refinance weakness, a major lock alert, Treasury yields, oil headlines, Iran talks, China and rare earths, diesel costs, and AI tools for podcast production. Stanislaus County reached 182 September closings, while active listings slipped slightly and pending sales rose by two. Mortgage applications fell 1.5%, purcha...

Ed Parcaut and Mike Kelly introduce the new RealEstateJerky.com and cover local Stanislaus County real estate numbers, AI tools, oil headlines, ADP job growth, mortgage pricing, and homeowners insurance issues. Stanislaus County closings jumped to 171, pending sales held at 371, and active listings sat around 873. Ed also explains how AI tools like ChatGPT, Opus Clips, and Suno helped build show a...

Ed Parcaut and Mike Kelly cover a short sale entering escrow, Stanislaus County closings, national inventory, price reductions, mortgage pricing, oil prices, Iran talks, Houthi attacks, and buyer opportunity. National inventory rose by 16,325 to 890,303, while days on market stayed at 70 and price reductions remained above 42%. Locally, Stanislaus County reached 158 closings for September so far....

Ed Parcaut and Mike Kelly cover California housing data, mortgage-rate pressure, the 10-year Treasury crossing 5%, diesel costs, pipeline repairs, wire fraud warnings, luxury real estate stories, and AI listing-photo mistakes. California closed sales fell 32.4%, pending sales dropped 28.3%, and price reductions stayed near 40.9%. Mortgage pricing worsened by about 31 basis points, while the 10-yea...

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 exp...

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 sale...

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...

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. Stan...