Welcome to another episode of Real Estate Jerky Daily with your hosts Ed Parcaut and Mike Kelly. After a brief hiatus, we're back to provide you with the latest market updates and insightful discussions on all things real estate.
🔹 **Topics Covered in This Episode:**
- **4th of July Recaps:** Ed and Mike share their holiday experiences, including neighborhood fireworks and summer escapes.
- **Local Incidents:** Discussion on the recent house fire in the Virginia Corridor area.
- **Market Inventory Updates:** Current inventory statistics for nationwide listings and comparisons with previous years.
- **Real Estate Trends:** The increase in pending contracts and the impact of price cuts on the market.
- **Economic Indicators:** Insights into upcoming CPI, PPI inflation reports, and the influence of Fed chair testimonies.
- **Industry Changes:** The upcoming impact of the National Association of Realtors' agreement with the DOJ on buyer brokerage agreements.
- **California Ballot Propositions:** An overview of propositions related to education bonds, climate funding, rent control, and more.
Join Ed and Mike as they break down these topics and provide expert insights to help you navigate the current real estate landscape.
**Timestamps:**
00:00 - Introduction
00:10 - Catching Up After a Hiatus
01:00 - 4th of July Recaps
03:45 - Local House Fire Incident
05:00 - Market Inventory Updates
07:30 - Real Estate Trends and Price Cuts
10:00 - Economic Indicators and Bond Auctions
12:00 - Upcoming Changes in Real Estate Brokerage
14:00 - California Ballot Propositions Overview
19:00 - Closing Remarks
**Stay Connected:**
- **Follow Ed Parcaut on Social Media:**
  - Twitter: [@EdParcaut](https://twitter.com/EdParcaut)
  - Instagram: [@EdParcaut](https://instagram.com/EdParcaut)

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