Real Estate Jerky Daily

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 mark...

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, renta...

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...

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...

Ed Parcaut breaks down the latest market update, including PCE inflation, oil prices, mortgage rates, GDP, and jobless claims. Oil dropped below $70 per barrel, mortgage pricing improved, and the 10-year Treasury moved lower. Even though PCE came in a little hotter than expected, markets appeared to treat it as older data because oil has already moved closer to pre-conflict levels. Ed also covers...

Ed Parcaut breaks down the latest market signals affecting mortgage rates, real estate, and business strategy. In this episode of Real Estate Jerky Daily, Ed covers ADP weekly employment data, oil prices falling to their lowest level since March, the 10-year Treasury, mortgage-rate volatility, and the upcoming PCE inflation report. He also talks about where jobs are being created, why healthcare r...

National housing inventory moved higher again, price reductions are approaching 40%, and mortgage rates remain volatile as the market waits for more inflation data. In this episode of Real Estate Jerky Daily, Ed Parcaut covers national housing inventory, mortgage rates, the 10-year Treasury, oil prices, upcoming economic reports, Alan Greenspan's economic legacy, and the growing impact of artifici...

Mortgage pricing improved, oil prices moved lower, and markets turned their attention toward the Federal Reserve and a possible U.S.-Iran peace agreement. In this episode of Real Estate Jerky Daily, Ed Parcaut explains why rates improved and why buyers should pay attention to more than just today's mortgage quote. Ed recently saw a borrower's available rate improve by approximately one-quarter per...

Housing starts fell sharply in May, dropping to their lowest annualized pace since 2020. What could that mean for housing supply, home prices, buyer competition, and mortgage rates? In this episode of Real Estate Jerky Daily, Ed Parcaut breaks down the latest housing construction and employment reports. Building permits came in near expectations at approximately 1.4 million annualized units, but h...

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 approxi...

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 r...

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-...

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...

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 i...

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 rat...

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 e...

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...

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....

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...

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...

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 headl...

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 mor...

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 touche...

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 pri...

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...