National housing inventory continues to rise, but does that mean the market is moving toward another crash?

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly examine the latest national, California, and Stanislaus County housing numbers. National inventory climbed to more than 806,000 listings, while the median list price remained near $450,000 and price reductions moved closer to 38%.

Ed explains why those numbers still do not resemble the Great Recession. During the last major housing downturn, the country experienced weekly inventory increases many times larger than what the market is seeing today.

The conversation then turns to California, where the median home price has reached approximately $918,000. Ed and Mike discuss why homeowners may want to sell but decide to stay after calculating the cost of purchasing a replacement property at today's prices and mortgage rates.

They also examine:

• Why sellers need to price their homes aggressively
• The difference between a Zestimate and a professional appraisal
• How inaccurate property information can affect automated values
• Why capital gains taxes discourage some homeowners from selling
• Whether companies are using AI as an excuse for layoffs
• How oil-market disruptions can affect inflation and mortgage rates
• A disabled veteran facing approximately $60,000 in foundation repairs
• Whether a reverse mortgage could fund repairs and eliminate a monthly payment
• Outdoor living trends, including lighting, pergolas, edible landscaping, and outdoor kitchens

This episode combines housing-market data, mortgage education, veteran advocacy, homeowner solutions, and the humor listeners expect from Ed and Mike.

Subscribe to Real Estate Jerky for real estate news, mortgage insight, local market updates, and something new to chew on every week.

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🔗 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 #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #HousingInventory #CaliforniaRealEstate #HomePrices #PriceReductions #SellerTips #Zestimate #HomeAppraisal #MortgageRates #CapitalGainsTax #ReverseMortgage #VeteranHomeLoans #DisabledVeterans #FoundationRepair #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #OutdoorLiving #Homeownership

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly dig into the real numbers behind today's housing market and explain why current inventory levels do not look like a repeat of the Great Recession.

Ed and Mike start with national listing numbers, including total inventory, median listing price, average days on market, and the rise in price reductions. They explain why sellers need to listen to experienced agents and price their homes correctly from the beginning instead of chasing the market after buyers lose interest.

The conversation also covers California housing inventory, Stanislaus County activity, active listings, pending sales, and closed transactions. Ed and Mike compare today's supply to the kind of massive weekly listing increases that happened during the Great Recession, making the case that the market would need a major inventory surge before true bubble conditions appeared.

They also discuss seller delistings, buyer demand, VA loan changes, proposed increases to VA funding fees, and why Ed believes veterans should not be asked to fund expanded veteran benefits through higher loan costs.

Later in the episode, Ed and Mike talk about home improvement tax deductions for 2026, including energy-efficient improvements, pipe replacement, accessibility-related smoke detectors, smart monitoring systems, and the practical repair issues homeowners are seeing in older homes.

This episode is full of local market insight, mortgage expertise, veteran lending perspective, and classic Real Estate Jerky humor.

Subscribe to Real Estate Jerky for real estate news, mortgage updates, local housing market insight, and straight talk from Ed Parcaut and Mike Kelly.

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 #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #HousingInventory #RealEstateMarket #HomeListings #PriceReductions #SellerTips #HomeBuyingTips #VALoans #VeteranHomeLoans #VAFundingFee #CaliforniaRealEstate #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #LendingForLiving

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a market that is giving buyers more breathing room than they have seen in a while. National inventory climbs near 800,000, Stanislaus County listings rise sharply, and local pending sales improve. They also cover why buying when other people hesitate can still be the smartest move, how rates are being pushed around by oil and bond pressure, and why buyers need to avoid credit and job mistakes during escrow.

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 #RealEstateMarket #HousingMarket #MortgageRates #HousingInventory #BuyerOpportunity #PendingHomeSales #CaliforniaRealEstate #StanislausCountyRealEstate #HomeBuying #MarketUpdate #MortgageNews