Stanislaus County September Closings Finish at 290
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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, median list price dropped to $436,490, and price cuts climbed to 42.83%.
Ed also explains why mortgage rates are sitting around 7.57%, with the 10-year Treasury near 5.2624, and how Treasury supply and AI-company borrowing are competing for bond buyers.
A fast Real Estate Jerky Daily update with the usual bite.
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