Wire Fraud Warnings Matter More as Closing Scams Keep Growing

Ed Parcaut and Mike Kelly cover California housing data, mortgage-rate pressure, the 10-year Treasury crossing 5%, diesel costs, pipeline repairs, wire fraud warnings, luxury real estate stories, and AI listing-photo mistakes. California closed sales fell 32.4%, pending sales dropped 28.3%, and price reductions stayed near 40.9%. Mortgage pricing worsened by about 31 basis points, while the 10-year Treasury moved near 5.00. Ed and Mike also discuss California diesel at $8.34 a gallon, why fuel costs affect housing, how wire fraud continues targeting buyers, and why real estate agents must carefully review AI-edited listing photos. A fast Real Estate Jerky Daily update with the usual bite. 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](https://www.linkedin.com/in/edparcaut) Catch every episode for sharp insight and real talk about what matters now in real estate! #RealEstateJerkyDaily #RealEstateJerky #EdParcaut #MikeKelly #MortgageRates #TenYearTreasury #HousingMarketUpdate #CaliforniaRealEstate #PriceReductions #DieselPrices #GasPrices #Inflation #WireFraud #EscrowSafety #AIRealEstate #ListingPhotos #RealEstatePodcast #MortgagePodcast #ModestoRealEstate #StanislausCountyRealEstate #CentralValleyRealEstate #MarketNewsWithTeethBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.