Existing Home Sales Fall While Sellers Keep Reducing Prices

Ed Parcaut and Mike Kelly return with a Real Estate Jerky Daily market update covering national inventory, price reductions, existing home sales, ADP jobs, VA loan assumptions, Stanislaus County real estate, seller credits, oil concerns, and VA funding fees. Inventory dipped to 865,709, median list price moved to $448,665, days on market held at 63, and price reductions climbed to 41.44%. Ed also explains how a VA loan assumption may help a military family sell when the existing mortgage rate is better than current market rates. A fast mortgage and housing market update with the usual Real Estate Jerky bite. 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 #MortgageRates #HousingInventory #PriceReductions #ExistingHomeSales #ADPJobs #VALoans #VALoanAssumption #VAFundingFee #DisabledVeterans #SellerCredits #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeethBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.