Episode
Why Homebuyers Face Bidding Wars in a Tight California Real Estate Market
- Podcast
- Real Estate Jerky
- Published
- Mar 9, 2026
- Duration seconds
- 2633
- Processing state
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Summary
Join real estate expert Ed Parcaut, MBA, veteran, and president of Lending for Living, alongside seasoned RE/MAX Executive Realtor Mike Kelly, for an insightful, dynamic look into today's ever-changing real estate market. Broadcasting from Modesto, this episode delivers the latest national and local market updates, deep dives into inventory shifts, and how economic factors like war, oil prices, and insurance costs are influencing home buying and selling trends. Discover the realities behind low inventory in California, the challenges first-time buyers are facing, and the reasons behind price competitiveness in both the entry-level and luxury home segments. Ed Parcaut and Mike Kelly break down critical topics like the rise and fall of mortgage rates, the effects of ongoing wars on the housing market, what's fueling changes in property taxes and insurance, and why reverse mortgages have been a hot topic with listeners. Expect practical advice for buyers navigating a competitive market, real talk about anti-steering legislation, and even a candid look at industry insider news affecting both consumers and agents—such as national lawsuits, company mergers, and the evolving landscape of real estate lead generation. Packed with humor, local stories, and decades of experience, this episode brings you actionable tips, behind-the-scenes industry updates, and the knowledge you need to make smarter real estate decisions. Contact and Social Links: 🔗 **Follow us:** - **Facebook:** [Real Estate Jerky](https://facebook.com/RealEstateJerky) - **Instagram:** [@RealEstateJerky](https://instagram.com/RealEstateJerky) - **Website:** [Real Estate Jerky](https://realestatejerky.com) 🔗 Ed Parcaut: www.edparcaut.com - Twitter: [@EdParcaut](https://twitter.com/EdParcaut) - LinkedIn: [Ed Parcaut…