REAL ESTATE JERKY DAILY

Short Sale Finally Enters Escrow After Months of Showings

September 21, 2026 · 11:47

Ed Parcaut and Mike Kelly cover a short sale entering escrow, Stanislaus County closings, national inventory, price reductions, mortgage pricing, oil prices, Iran talks, Houthi attacks, and buyer opportunity. National inventory rose by 16,325 to 890,303, while days on market stayed at 70 and price reductions remained above 42%. Locally, Stanislaus County reached 158 closings for September so far. Ed also explains why mortgage pricing improved by about 24 basis points as WTI crude fell below $100, and why buyers who are prepared may still find negotiating room in today's market. A fast Real Estate Jerky Daily update with the usual bite.