Understanding Current Housing Demand Amid Pending Longshoremen Strike

Real Estate Jerky Daily

Welcome to the first episode of "Market Update Monday Edition" on Real Estate Jerky Daily! Join your hosts, Ed Parcaut and Mike Kelly, as they dive into the latest happenings in the real estate market. In today's episode, we cover a variety of topics impacting both the national and local real estate landscapes. 🔔 **Make sure to subscribe and hit the bell icon** to stay up-to-date with all the latest insights and analysis in the real estate world. **Timestamps:** 0:00 - Introduction 0:01 - Remembering Chris Christopherson 0:17 - Longshoremen strike impact on transportation and costs 1:00 - Current state of mortgage-backed securities and 10-year bond rates 1:29 - Upcoming strike at east coast and Texas ports 2:06 - Housing demand trends and pending contract data 3:07 - Weekly inventory stats and historical comparison 4:07 - Inventory increase and market balance discussion 5:13 - No real estate bubble insight 6:05 - Veterans' benefits for home modifications 7:05 - Real brokerage's commission survey findings 8:00 - Legal battles over commission disclosures 9:00 - Fun fact: Why Dom Perignon is expensive 9:48 - Upcoming Joel ISM Manufacturing data 10:00 - Local real estate updates **Key Takeaways:** - **Market Trends:** Mortgage rates and their impact on weekly inventory and housing demand. - **Veterans' Benefits:** How VA grants help veterans age in place with home modifications. - **Commission Insights:** Latest survey findings on seller's willingness to cover buyer’s agent fees. - **Fun Facts:** Why Dom Perignon Champagne is priced high. 📈 **Stay informed and get the most out of your real estate investments with our weekly updates!**

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🔹 **Call to Action:** - If you're considering refinancing, now might be the perfect time! Reach out to your loan officer or contact Ed Parcaut for expert advice. - Need a probate and trust specialized realtor? Mike Kelly is your go-to guy!

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🔗 **Ed Parcaut:** - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut](https://www.linkedin.com/in/edparcaut)

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*Disclaimer: The content provided in this podcast is for informational purposes only and should not be considered legal or financial advice. Consult with a professional for your specific needs.*