REAL ESTATE JERKY DAILY

Builders Are Cutting Prices and Sellers Are Negotiating | REJ Daily 656

October 20, 2026 · 20:47

Ed Parcaut and Mike Kelly cover builder confidence at a 14-year low, California's August sales, a Central Valley real estate fraud sentence and how agents can put a crew of AI bots to work. In this episode: • Local check: Stanislaus County at 863 active listings, 322 pending and 139 closed (the MLS screen shown on air) • California in August: existing single-family home sales up 1.4% from a year ago and a statewide median price of $901,420, up 0.1% (C.A.R., Sept 16, 2026: https://www.car.org/aboutus/mediacenter/newsreleases/2026releases/august2026sales) • Japan's U.S. Treasury holdings fell $35.6 billion in August and China's fell $27.3 billi