Welcome back to another episode of Real Estate Jerky Daily, the podcast where we bring you the latest updates and insights on the ever-changing real estate market. I'm your host, Mike Kelly, and as always, I'm joined by the knowledgeable and experienced Ed Parcaut. In today's Market Update Friday Edition, we have a lot to discuss. We'll be diving into the latest rental trends, the impact of inflation on housing, and the importance of income and jobs when it comes to affordable housing. And let's not forget, we'll be touching upon some interesting political topics as well. But first, let's start with the rental market. Rent prices have seen a slight increase of 3.3% year over year, with monthly rents back at pre-pandemic levels. We'll explore the factors contributing to this uptick and how it affects both renters and homebuyers in terms of purchasing power. Speaking of homebuyers, we'll also take a closer look at some of the top places to live, including Portland and Dallas. With average ages, credit scores, and down payment amounts, we'll uncover the potential challenges and opportunities these cities present. Additionally, we'll shed light on the lucrative trades industry and how it can provide both financial stability and a pathway to homeownership. If you or someone you know is interested in pursuing a career in trades, we have some valuable resources to share, including scholarships and upcoming events. And of course, we can't ignore the recent cyber attack on the Multiple Listing System (MLS), leaving us wondering about the motives behind it and the potential impacts on California's real estate market. So, stay tuned for an information-packed episode that will have you up-to-date on the latest market trends, housing affordability, and much more. Let's jump right into today's episode of Real Estate Jerky Daily with Mike Kelly and Ed Parcaut. #RealEstateJerky #MarketUpdateFriday #RentPrices #AffordableHousing #IncomeLevels #HousingAffordabilitySymposium #PresidentialDebates #PurchasingPower #MortgageRates #TopPlacesToLive #TradesIndustry #ValleyBuilderExchange #MobileHomes #PropertyTax #HousingMarketCrash #CyberAttack #MLSDown