REAL ESTATE JERKY RADIO

New Homes Are Cheaper Than Resale in Today's Builder Market

October 5, 2026 · 46:52

Ed Parcaut and Mike Kelly cover CLUE reports, water claims, low-loan qualified mortgage issues, national inventory, California and Stanislaus County housing numbers, Proposition 37 homebuyer assistance, USDA loans, VA loan strategy, PCE inflation, oil recovery, builder incentives, real estate fraud, coastal erosion, SB 1014, and Community Corner events. National inventory rose to 895,398, median list price dropped to $439,000, days on market held at 70, and price reductions climbed to 42.51%. Stanislaus County showed 833 active listings and 250 September closings. Ed and Mike also explain why water claims can haunt a property, why new homes a