June Housing Data Revealed Home Sales Down Inventory Up Buyers Hesitate

In today’s solo episode, Ed Parcaut dives deep into the latest housing market and mortgage news. With regular co-host Mike Kelly still on vacation, Ed brings “just the facts,” breaking down fresh data on existing home sales, mortgage applications, and shifting market dynamics. He discusses June’s surprising drop in existing home sales, why inventory is still below pre-2019 levels, and what’s driving buyers and sellers in this uncertain market. Ed covers mortgage rate trends, affordability pressures, and why Central Valley home prices are rising faster than the national average. Plus, he offers advice for potential buyers navigating today’s higher interest rates and explains why opportunities might be better than they seem. Whether you’re thinking about buying, selling, or just want to keep up with the latest real estate trends, this episode is packed with practical insight. Stick around for a preview of what to watch in upcoming market reports—and find out why Ed sees long-term opportunities despite the current challenges. Have questions or comments? Ed and Mike love hearing from listeners! Reach out anytime. 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) #EdParcaut #RealEstateMarket #MortgageRates #HomeSales #HousingMarket #MarketUpdate #InterestRates #HomeBuying #MortgageApplications #RealEstateTrends #CentralValleyRealEstate #HomeInventory #RateWatch #Refinance #HomePrices #HousingData #MarketAnalysis #PodcastHighlightsBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.