Market Update: August PCE and Upcoming Jobs Reports Breakdown

Real Estate Jerky Daily

Welcome to the Friday Edition of Real Estate Jerky Daily with Ed Parcaut and Mike Kelly! In this episode, we dive deep into the latest market updates and key economic indicators affecting the real estate market. 📰 **Highlights:** - **PCE Inflation Update:** We discuss the Personal Consumption Expenditures (PCE) report for August and its impact on inflation and the bond market. - **Upcoming Economic Releases:** Get ready for a week full of significant economic reports, including JOLTS, ISM Manufacturing, Mortgage Applications, ADP Employment, Initial Jobless Claims, ISM Services, and the BLS Jobs Number. - **Real Estate Trends:** Analyzing the recent uptick in housing demand and rate locks – is it truly a surge? - **Market Predictions:** Insights into the predictions for next year's market performance and the influence of the upcoming election. - **Housing Demand:** The potential shift towards 40 and 50-year mortgages to ease monthly payments and the return of flexible payment options. Join us for an engaging discussion filled with valuable insights and a few laughs as we navigate the complex world of real estate. 🔔 Don't forget to like, subscribe, and hit the notification bell so you never miss an update from Real Estate Jerky Daily! 👉 Share your thoughts in the comments below! What do you think about the current market trends? How are you preparing for the economic reports next week?

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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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