Show notes
Happy Fourth of July from Real Estate Jerky.
In this episode, Ed Parcaut and Mike Kelly return after a short break to talk about the latest housing market numbers, national inventory, California pricing, Stanislaus County activity, mortgage rates, and what buyers and sellers should be paying attention to right now.
The conversation begins with holiday safety, illegal fireworks, and classic Ed and Mike banter before moving into serious market data. National active listings are up, median list prices remain high, and price reductions are nearing 40 percent of all properties on the market.
Ed and Mike also discuss California housing inventory, high median prices in major markets like Los Angeles, San Diego, San Francisco, and San Jose, and the local Stanislaus County market where inventory remains limited compared to the number of active real estate professionals.
They also touch on mortgage rates, oil prices, the 10-year Treasury, buyer fatigue, seller expectations, affordability, local market behavior, and why the market is unique rather than simple to define.
This episode gives buyers, sellers, real estate professionals, and homeowners a practical look at what is happening nationally, statewide, and locally.
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🔗 Ed Parcaut:
www.edparcaut.com - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut)
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