Episode Details

Ed Parcaut and Mike Kelly cover California housing activity, Stanislaus County and San Joaquin County numbers, mortgage-rate movement, new home sales, tariff headlines, and reverse purchase escrow delays. California weekly data showed closed sales per day down 5.8%, pending sales per day down 1.2%, and new listings down 19.2%. Price reductions stayed elevated near 38.9%. Ed and Mike also discuss mortgage pricing improving by about 27 basis points, new home sales rising 1.6% in June, and why reverse mortgage purchase files need extra coordination with builders and escrow companies. A fast Real Estate Jerky Daily market update with the usual bite. Contact and Social Links: 🔗 **Follow us:**
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