REAL ESTATE JERKY DAILY

June Housing Data Revealed Home Sales Down Inventory Up Buyers Hesitate

July 23, 2025 · 07:05

In today's solo episode, Ed Parcaut dives deep into the latest housing market and mortgage news. With regular co-host Mike Kelly still on vacation, Ed brings "just the facts," breaking down fresh data on existing home sales, mortgage applications, and shifting market dynamics. He discusses June's surprising drop in existing home sales, why inventory is still below pre-2019 levels, and what's driving buyers and sellers in this uncertain market. Ed covers mortgage rate trends, affordability pressures, and why Central Valley home prices are rising faster than the national average. Plus, he offers advice for potential buyers navigating today's hi