Rising Home Inventory and Mortgage Application Declines: Key Market Indicators Discussed
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Welcome to another episode of "Real Estate Jerky Daily" with your hosts, Ed Parcaut and Mike Kelly. In today's episode, we're diving deep into the latest market trends, data, and insights to keep you informed and ahead in the real estate game. **Episode Highlights:** - The latest news from the Mortgage Bankers Association: Purchase applications are up 1%, while refinance applications are down 2% from last week. - Fed Chair Jerome Powell's comments on inflation and its impact on the housing market. - Unemployment trends and their potential effects on the real estate sector. - Stanislaus County market numbers: With active listings in the 570s and closed escrows at 1695, what does this mean for local buyers and sellers? - The importance of accurate MLS listings, especially when it comes to solar property details. - Pro tips for real estate agents: The vital role of CRM systems, staying connected with clients, and smart strategies for business growth. **Shoutouts:** A big shout out to our listeners Joseph Bondi and Dirk Vermulin—thank you for tuning in! **Connect with Us:** Don't miss out on our daily updates and expert insights. Subscribe now and hit the bell icon to stay notified on all things real estate.
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