Real Estate Jerky Daily - USA's Credit Rating Drops and Housing Market Insights -8/2/23

🎙️ Listen to the latest episode of Real Estate Jerky Daily with hosts Ed Parcaut and Mike Kelly! In this insightful discussion, they delve into the recent drop in the United States' FICO score. Find out how this downgrade is affecting the economy and its impact on mortgage bonds and stocks. Discover the latest trends in the job market, including surprising data on employment and wage inflation. Learn why some sectors are experiencing job losses and how wage growth is affecting job-seeking behavior. The hosts also share crucial insights into the current state of the housing market, emphasizing the urgent need for action. With a staggering shortage of 2.5 million homes in California alone, they explain why waiting for better rates may not be the best strategy. Discover how limited inventory is driving up property values and what this means for potential buyers and sellers. Don't miss out on valuable advice from real estate professionals! Plus, join in on their passionate discussion about the importance of accountability in the industry, urging agents to take necessary precautions to protect properties and clients. Tune in to Real Estate Jerky Daily for in-depth discussions, expert tips, and valuable insights into the world of real estate. If you're looking to navigate the current market and make informed decisions, this is the podcast for you! Subscribe now and stay up-to-date with the latest trends and developments in the housing and job markets. #HousingMarket #FICOScoreDrop #JobMarket #RealEstateJerkyDaily#RealEstate #Mortgages #Podcast #RealEstateJerky #ExpertAdvice #MarketTrends #Homebuying #HousingMarket #AIinRealEstate #SanFrancisco #RealEstateNews #HomeSales #InterestRates #EconomicIndicators #LendingStandards #PropertyInvestment #RealEstateIndustry #ModestoCA #OutofTownBuyers #Professionalism #SubscribeNowBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.