Veteran Home Repair Options and the Reverse Mortgage Solution

National housing inventory continues to rise, but does that mean the market is moving toward another crash? In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly examine the latest national, California, and Stanislaus County housing numbers. National inventory climbed to more than 806,000 listings, while the median list price remained near $450,000 and price reductions moved closer to 38%. Ed explains why those numbers still do not resemble the Great Recession. During the last major housing downturn, the country experienced weekly inventory increases many times larger than what the market is seeing today. The conversation then turns to California, where the median home price has reached approximately $918,000. Ed and Mike discuss why homeowners may want to sell but decide to stay after calculating the cost of purchasing a replacement property at today's prices and mortgage rates. They also examine: Why sellers need to price their homes aggressively The difference between a Zestimate and a professional appraisal How inaccurate property information can affect automated values Why capital gains taxes discourage some homeowners from selling Whether companies are using AI as an excuse for layoffs How oil-market disruptions can affect inflation and mortgage rates A disabled veteran facing approximately $60,000 in foundation repairs Whether a reverse mortgage could fund repairs and eliminate a monthly payment Outdoor living trends, including lighting, pergolas, edible landscaping, and outdoor kitchens This episode combines housing-market data, mortgage education, veteran advocacy, homeowner solutions, and the humor listeners expect from Ed and Mike. Subscribe to Real Estate Jerky for real estate news, mortgage insight, local market updates, and something new to chew on every week. 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! #RealEstateJerky #EdParcaut #MikeKelly #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #HousingInventory #CaliforniaRealEstate #HomePrices #PriceReductions #SellerTips #Zestimate #HomeAppraisal #MortgageRates #CapitalGainsTax #ReverseMortgage #VeteranHomeLoans #DisabledVeterans #FoundationRepair #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #OutdoorLiving #HomeownershipBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky--6413904/support.