Description:
Welcome back to Real Estate Jerky Daily with Ed Parcaut and Mike Kelly.
In this episode, Ed and Mike break down the latest national housing numbers, including a jump in inventory, more price reductions, and a rise in days on market. They also cover continued mortgage-rate volatility tied to oil and Strait of Hormuz headlines, plus why sellers still need to get pricing right from day one.
Topics covered in this episode:
National inventory rises above 743,000
Median list price sits near $445,000
Days on market move up
Price reductions stay around one-third of listings
Why overpricing still hurts sellers
Hormuz headlines and oil’s impact on rates
Upcoming reports including retail sales, pending home sales, mortgage applications, and jobless claims
Why buyers and sellers still need to focus on what they can control
Apple’s public show description positions Real Estate Jerky Daily as a weekday look at what’s happening in the real estate market and mortgage industry, with expert advice and insider knowledge from Ed Parcaut and Mike Kelly.
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