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.

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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 #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.

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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!

#RealEstateJerkyDaily #RealEstateJerky #EdParcaut #MikeKelly #RealEstateMarket #HousingMarket #MortgageRates #HousingInventory #BuyerOpportunity #PendingHomeSales #CaliforniaRealEstate #StanislausCountyRealEstate #HomeBuying #MarketUpdate #MortgageNews

In this episode of Real Estate Jerky Daily, Ed Parcaut and Mike Kelly break down a rougher day for mortgage pricing as peace talks lose momentum 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 touches on lower initial jobless claims, continuing claims, and why rates may stay elevated longer than many buyers hoped.

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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!

#RealEstateJerkyDaily #RealEstateJerky #EdParcaut #MikeKelly #RealEstateMarket #HousingMarket #MortgageRates #HousingPermits #HousingStarts #JoblessClaims #RentalMarket #SingleFamilyRents #MultifamilyHousing #MarketUpdate #OilPrices

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down rising national inventory, hotter-than-expected inflation, and why California still does not feel like a buyer-friendly market. They cover mortgage application slowdown, state and local inventory numbers, seller pricing mistakes, reverse mortgage strategy, and the growing role of scams using AI-cloned voices in real estate transactions.

Contact and Social Links:

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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 #RealEstateMarket #HousingMarket #MortgageRates #CPI #PPI #HousingInventory #CaliforniaRealEstate #StanislausCountyRealEstate #SellerStrategy #ReverseMortgage #MarketUpdate #HomeBuying

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down rising housing inventory, seller pricing pressure, and why strategy matters more when listings start to build. They also cover price reductions, California inventory pressure, local Stanislaus County activity, and the continuing tension between more supply and still-strong buyer demand. It is another practical episode packed with real estate perspective, mortgage insight, and the direct talk Real Estate Jerky is known for.

Contact and Social Links:

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- **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky)
- **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky)
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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 #RealEstateMarket #HousingMarket #MortgageRates #HousingInventory #PriceReductions #HousingStarts #CaliforniaRealEstate #StanislausCountyRealEstate #SellerTips #MarketUpdate #RealEstatePodcast #HomeBuying

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down a sharp jump in national housing inventory, a rise in price reductions, and why sellers still need to price correctly from the beginning. They also cover housing starts and permits, California inventory pressure, local Stanislaus County activity, and why people are finally leaving their ultra-low interest rates behind to make necessary life moves. The conversation also touches on affordability, first-time buyer age trends, and what keeps California housing feeling tight even as inventory grows.

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 #RealEstateMarket #HousingMarket #MortgageRates #HousingInventory #PriceReductions #HousingStarts #CaliforniaRealEstate #StanislausCountyRealEstate #SellerTips #MarketUpdate #RealEstatePodcast #HomeBuying

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down rising national housing inventory, stronger mortgage application activity, and why California still feels tight even after adding more housing over time. They cover statewide and local Stanislaus County numbers, foreclosure filing trends, affordability pressure, and why sellers still need to price correctly from the start. The conversation also touches on California's long-term housing shortage, buyer demand, and how mortgage rate pressure continues to shape behavior.

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 #StanislausCountyRealEstate #PendingSales #NewListings #CaliforniaRealEstate #SellerTips #MarketUpdate #MortgageNews #HomeBuying

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down national, state, and local housing inventory, mortgage application trends, and the widening gap between markets that feel buyer-friendly and markets that still feel out of reach. They cover Stanislaus County numbers, California affordability pressure, mortgage rate movement, and why places like Florida and Texas look much easier for buyers than many California cities. The conversation also touches on refinancing activity, private-sector job growth, AI's role in productivity, and why so many buyers still feel homeownership is impossible. It is another wide-ranging episode packed with real estate perspective, mortgage insight, and the usual Real Estate Jerky banter.

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, #RealEstateMarket, #HousingMarket, #MortgageRates, #CaliforniaRealEstate, #HousingAffordability, #HousingInventory, #MortgageApplications, #Refinance, #StanislausCountyRealEstate, #BuyerFriendlyMarkets, #FloridaRealEstate, #TexasRealEstate