Real Estate Jerky

Hosted by Ed Parcaut

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Episodes

300

Latest episode

Aug 2026

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About the show

Ed Parcaut, MBA, President, Lending for Living brings over 25 years experience in the real estate and mortgage industry to live radio at Powertalk 1360 AM KFIV, Saturday's at 12noon. Ed provides reliable, professional answers to all your real estate questions along with uniquely humorous life experiences, stories and FUN! You're sure to come away with "something to chew on" from Real Estate Jerky.

Listen to episodes

60 recent

August 24, 202643 min

Homeowners Stay Put as Rates Keep Remodeling Demand Alive

Ed Parcaut and Mike Kelly cover as-is pricing, seller repairs, rate-lock extension costs, national inventory, price reductions, California and Stanislaus County housing supply, builder incentives, USDA loans, CalHFA costs, and buyer payment strategy. National inventory rose to 871,063, median list price moved to $445,000, days on market stayed at 63, and price reductions reached 41.68%. Ed and Mike also explain why seller delays can cost buyers money through lock extensions, why USDA may be worth checking before CalHFA in some rural areas, and why buyers should ask their lender to rerun payments before writing an offer. A full Real Estate Jerky market update with something to chew on. 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! #RealEstateJerkyDaily #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #JoblessClaims #RentGrowth #HomePrices #HomeValues #ConsumerStress #WalmartEarnings #FAIRPlan #CaliforniaInsurance #BuyerAffordability #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

August 17, 202646 min

Millennial Homeownership Surges Across California and Major U.S. Cities

Ed Parcaut and Mike Kelly cover falling national inventory, rising price reductions, record homeowner equity, FHA and VA mortgage distress, assumable VA loans, self-employed borrower rules, and millennial homeownership. National inventory moved to 865,709, median list price fell to $448,665, and price reductions reached 41.44%. At the same time, homeowner equity hit a record $18 trillion, while more recent FHA and VA borrowers showed higher levels of negative equity and default. Ed also explains how VA assumptions may help military families relocate and why changing from W-2 employment to contract work can delay mortgage qualification. A full Real Estate Jerky market update with something to chew on. 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 #MortgageRates #HousingInventory #PriceReductions #HomeEquity #NegativeEquity #VALoans #VALoanAssumption #FHALoans #MortgageDefault #MilitaryHomebuyer #SelfEmployedBorrower #MillennialHomebuyer #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #TexasRealEstate #FloridaRealEstate #HousingMarketUpdate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

August 3, 202643 min

Why Buyers Should Negotiate Now Before Mortgage Rates Drop

Ed Parcaut and Mike Kelly cover VA buyer strategy, FHA and CalHFA loan concerns, closing-cost negotiations, seller credits, 1-0 temporary buydowns, national housing inventory, California listings, Stanislaus County closings, retirement planning, and ballot tax concerns. National single-family inventory reached 865,223, up 5,864 from the prior week. California active listings remained well below what many buyers need, while Stanislaus County showed around 759 active listings and roughly 240 closed listings so far for July. Ed also explains why buyers may have more negotiating room right now, why that window could close when rates drop, and how homeownership helps protect families against inflation over time. A full Real Estate Jerky market update with something to chew on. 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 #LendingForLiving #LoanSquad #MortgageRates #VALoans #VABuyer #FHALoan #CalHFA #SellerCredits #ClosingCosts #MortgageBuydown #HousingInventory #PriceReductions #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #Homeownership #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #MarketNewsWithTeeth

July 27, 202644 min

Homeownership Rates Show Why Younger Buyers Need a Plan

Ed Parcaut and Mike Kelly cover national housing inventory, price reductions, pre-qualification versus pre-approval, California housing data, Stanislaus County real estate activity, reverse mortgage purchase closings, short sales, and homeownership rates. National inventory rose to 859,359, median days on market moved from 52 to 63, and price reductions climbed to 40.22%. Ed explains why fully underwritten pre-approval is stronger than a simple pre-qualification and why that matters when a buyer wants a clean, fast closing. They also discuss California listings, local Modesto and Stanislaus County numbers, reverse mortgage purchase escrow issues, VA loan changes, first-time buyer challenges, and California growth cities like Manteca, Roseville, Clovis, Irvine, Menifee, Chico, and Dublin. A full Real Estate Jerky market update with something to chew on. 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 #LendingForLiving #LoanSquad #PowerTalk1365 #MortgageRates #HousingInventory #PriceReductions #PreApproval #FullyUnderwrittenPreApproval #VALoans #ReverseMortgage #HECMForPurchase #CaliforniaRealEstate #StanislausCountyRealEstate #ModestoRealEstate #CentralValleyRealEstate #FirstTimeHomebuyer #Homeownership #MantecaRealEstate #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #MarketNewsWithTeeth

July 20, 202643 min

How Temporary Buydowns Can Help Buyers Beat Payment Shock

Ed Parcaut and Mike Kelly break down pending home sales, housing starts, builder confidence, foreclosure headlines, California listings, mortgage buydowns, and buyer affordability. They explain why multifamily construction does not solve the single-family housing shortage, why foreclosure numbers need context, and how temporary buydowns may help some buyers manage early payments. A straight real estate and mortgage market update with the usual Real Estate Jerky bite. 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 #RealEstateJerkyDaily #EdParcaut #MikeKelly #MortgageRates #HousingMarketUpdate #PendingHomeSales #HousingStarts #BuilderConfidence #Foreclosures #MortgageBuydown #HomebuyerTips #CaliforniaRealEstate #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #RealEstatePodcast #MortgagePodcast #MarketNewsWithTeeth

July 7, 202647 min

Fourth of July Real Estate Talk With Ed Parcaut and Mike Kelly

Happy Fourth of July from Real Estate Jerky . In this episode, Ed Parcaut and Mike Kelly return after a short break to talk about the latest housing market numbers, national inventory, California pricing, Stanislaus County activity, mortgage rates, and what buyers and sellers should be paying attention to right now. The conversation begins with holiday safety, illegal fireworks, and classic Ed and Mike banter before moving into serious market data. National active listings are up, median list prices remain high, and price reductions are nearing 40 percent of all properties on the market. Ed and Mike also discuss California housing inventory, high median prices in major markets like Los Angeles, San Diego, San Francisco, and San Jose, and the local Stanislaus County market where inventory remains limited compared to the number of active real estate professionals. They also touch on mortgage rates, oil prices, the 10-year Treasury, buyer fatigue, seller expectations, affordability, local market behavior, and why the market is unique rather than simple to define. This episode gives buyers, sellers, real estate professionals, and homeowners a practical look at what is happening nationally, statewide, and locally. 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, #RealEstateMarket, #MortgageRates, #HousingInventory, #CaliforniaRealEstate, #ModestoRealEstate, #StanislausCounty, #HomeBuying, #HomeSelling, #PriceReductions, #HousingMarket, #RealEstatePodcast, #MortgageAdvisor, #LendingForLiving, #REMAX, #iHeartRadio, #KFIV, #Homeownership, #BuyerStrategy, #SellerTips, #RealEstateUpdate, #MortgageNews, #FourthOfJuly

June 22, 202643 min

Can a Reverse Mortgage Help Pay for Major Home Repairs?

Is housing inventory finally rising enough to create a crash, or are the headlines missing the real story? In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly break down national housing inventory, California home prices, local Stanislaus County activity, seller delistings, Zestimates, capital gains, AI layoff narratives, veteran home-repair options, reverse mortgages, and backyard trends. National inventory rose by more than 10,000 listings to just over 806,000. Ed explains why that increase matters, but also why it is still nowhere near the weekly inventory surge seen during the Great Recession. The national median list price stayed around $450,000, average days on market held at 56, and price reductions moved to about 37.5%. For sellers, the message is clear: price the home correctly from the beginning. Ed and Mike also discuss California's high median home price, which creates a difficult situation for homeowners with equity. Many could sell for a strong number, but then face the challenge of buying a replacement home at today's prices and mortgage rates. The episode also covers whether you can trust a Zestimate, why automated valuation tools can miss key property details, and how local knowledge and professional valuation still matter. One of the most important conversations involves a 100% disabled veteran facing approximately $60,000 in foundation repairs. Ed explores possible help through VA-related programs, charitable support, renovation financing, and a reverse mortgage that could potentially fund repairs while removing the current monthly mortgage payment. The show wraps with backyard trends, including outdoor lighting, pergolas, pools, outdoor kitchens, pizza ovens, low-water landscaping, and outdoor entertainment spaces. Subscribe to Real Estate Jerky for real estate news, mortgage insight, local housing updates, veteran housing conversations, 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 #RealEstateJerkyDaily #EdParcaut #MikeKelly #RealEstatePodcast #MortgagePodcast #HousingMarketUpdate #HousingInventory #CaliforniaRealEstate #HomePrices #PriceReductions #SellerTips #Zestimate #HomeAppraisal #MortgageRates #CapitalGainsTax #ReverseMortgage #VeteranHomeLoans #DisabledVeterans #FoundationRepair #OutdoorLiving #BackyardTrends #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate

June 15, 202643 min

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 #Homeownership

June 8, 202643 min

Housing Bubble Fears Versus Real Inventory Numbers

In this episode of Real Estate Jerky, Ed Parcaut and Mike Kelly dig into the real numbers behind today's housing market and explain why current inventory levels do not look like a repeat of the Great Recession. Ed and Mike start with national listing numbers, including total inventory, median listing price, average days on market, and the rise in price reductions. They explain why sellers need to listen to experienced agents and price their homes correctly from the beginning instead of chasing the market after buyers lose interest. The conversation also covers California housing inventory, Stanislaus County activity, active listings, pending sales, and closed transactions. Ed and Mike compare today's supply to the kind of massive weekly listing increases that happened during the Great Recession, making the case that the market would need a major inventory surge before true bubble conditions appeared. They also discuss seller delistings, buyer demand, VA loan changes, proposed increases to VA funding fees, and why Ed believes veterans should not be asked to fund expanded veteran benefits through higher loan costs. Later in the episode, Ed and Mike talk about home improvement tax deductions for 2026, including energy-efficient improvements, pipe replacement, accessibility-related smoke detectors, smart monitoring systems, and the practical repair issues homeowners are seeing in older homes. This episode is full of local market insight, mortgage expertise, veteran lending perspective, and classic Real Estate Jerky humor. Subscribe to Real Estate Jerky for real estate news, mortgage updates, local housing market insight, and straight talk from Ed Parcaut and Mike Kelly. 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 #RealEstateMarket #HomeListings #PriceReductions #SellerTips #HomeBuyingTips #VALoans #VeteranHomeLoans #VAFundingFee #CaliforniaRealEstate #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #LendingForLiving

June 1, 202644 min

Why Rising Inventory Could Give Serious Buyers Their Best Opening Yet

In this episode of Real Estate Jerky Daily , Ed Parcaut and Mike Kelly break down a market that is giving buyers more breathing room than they have seen in a while. National inventory climbs near 800,000, Stanislaus County listings rise sharply, and local pending sales improve. They also cover why buying when other people hesitate can still be the smartest move, how rates are being pushed around by oil and bond pressure, and why buyers need to avoid credit and job mistakes during escrow. 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! #RealEstateJerkyDaily #RealEstateJerky #EdParcaut #MikeKelly #RealEstateMarket #HousingMarket #MortgageRates #HousingInventory #BuyerOpportunity #PendingHomeSales #CaliforniaRealEstate #StanislausCountyRealEstate #HomeBuying #MarketUpdate #MortgageNews