Welcome back to Real Estate Jerky Daily with Ed Parcaut and Mike Kelly. In this episode, Ed and Mike break down the latest housing and economic numbers, including a miss in existing home sales, another increase in inventory, and a record-low consumer confidence reading. Topics covered in this episode: Existing home sales came in below expectations
National inventory moved higher again
Median home price hit a record for March
First-time buyer, investor, and cash-buyer activity
Why the market still feels uncertain even with more listings
Bond market movement and mortgage rate pressure
University of Michigan consumer confidence drops to a record low
Economic reports still ahead this week, including PPI, ADP, jobless claims, and pending home sales Real Estate Jerky Daily is publicly described as a weekday show where Ed Parcaut and Mike Kelly bring expert advice, insider knowledge, and market analysis on real estate and mortgages. #RealEstateJerkyDaily, #RealEstateJerky, #EdParcaut, #MikeKelly, #RealEstateMarket, #HousingMarket, #MortgageRates, #ExistingHomeSales, #HousingInventory, #ConsumerConfidence, #MarketUpdate, #MortgageNews, #CaliforniaRealEstate, #HomeSales, #EconomicNews
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