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Understanding Median Home Prices and Job Market Fluctuations in Today's Economy
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Welcome back to another episode of Real Estate Jerky Daily, where your hosts Ed Parcaut and Mike Kelly bring you the latest insights from the world of real estate and finance daily. Today, we've got a Thursday special that kicks off with a rotary day rush and dives right into the nitty-gritty of existing home sales data. Get ready for a surprising dive into the market numbers, including a decrease in home sales and an increase in the median price—a mix signaling different trends in the home buying sphere.
Ed and Mike will also be throwing in their two cents on the current job market, with an untouched number of initial jobless claims, a slight increase in continuing claims, and what this all means for the stock and bond markets. Plus, they'll get into the impact of part-time jobs on qualification for loans, and what it means for your working hours.
Don't miss out on their candid conversation about tax policies affecting property owners, a disappearing $24 million intended for the homeless, and Ed's takeaways from a recent podcast guest appearance in Texas. The duo also reminds us to prepare for the uptick in open houses this weekend and the importance of getting pre-approved and sorting insurance, especially regarding the California fair plan.
Tune in and join Ed and Mike for a blend of humor, frank discussion, and valuable information that you won't want to miss. And remember, if there's a rotary meeting scheduled, you'll have to listen in to find out where it's going to be—because Ed isn't spilling the beans just yet! Make sure you like, subscribe, and turn on notifications for the Ed Parcaut channel to be part of our community. Let's make it a great day!
Follow Ed on all social media outlets @EdParcaut
Need more information? Please visit https://www.edparcaut.com
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