Real Estate Market Cooling Trends and Jobless Claims Insights on Real Estate Jerky Daily

Join Ed Parcaut and Mike Kelly on Real Estate Jerky Daily for a fresh, insightful, and witty take on everything happening in the real estate market and beyond!

In today’s episode, Mike shares highlights from a Rotary tour of Modesto’s Red Shield Center—a local hub for swimming, boxing, basketball, and community programs. The hosts dive deep into market numbers you need to know: jobless claims are up, continuing unemployment is on the rise, and pending home sales have seen a sharp decline—signaling a cooling housing market as buyers sit on the sidelines and affordability concerns mount.

Get the latest GDP data updates and a real-time snapshot of shifting home inventory in key markets, including Washington, D.C., where political uncertainty is pushing more properties onto the market and sparking price drops—especially in the condo sector.

Stay tuned as Ed and Mike deliver candid observations about local and national economic trends, plus a thought-provoking (and spirited!) conversation about fairness in sports and the need for political leaders to take real stands.

If you appreciate no-nonsense real estate talk with a side of humor and a dose of authentic opinions, hit subscribe and tune in every day!

Key Topics:

Fresh Modesto community updates (Red Shield Center activities)

Housing market data: Jobless claims, unemployment trends, and pending home sales

Washington, D.C. market spotlight: Rising inventory, falling prices, and uncertain futures

Rents and what they mean for buyers and agents

Unfiltered discussion on current events and the need for stronger leadership

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Let us know what you think of the episode and what topics you want to hear next!