Welcome to another episode of Real Estate Jerky Daily, where we bring you all the latest updates on the market. I'm your host, Ed Parcaut, joined by Mike Kelly. In this episode, we dive into the current state of the real estate market, emphasizing the importance of investing in real estate despite the prevailing notion to hold off on buying. We discuss recent events, including a category one hurricane in Florida and its potential impact.  But let's get to the numbers. We break down the statistics, revealing the average number of homes closing, pending sales, and new listings in California. We highlight the significance of these figures in determining the trajectory of the market and address the issue of inventory scarcity.  Shifting gears, we discuss a recent report on Americans living paycheck to paycheck. We delve into the alarming statistics and explore the impact of inflation on the financial struggles of individuals across the country.  Moreover, we touch upon recent job reports, shedding light on the fluctuating employment rates and the potential reasons behind them. We analyze wage data and its implications on the overall economy, considering factors such as the ongoing SAG strike and its influence on unemployment rates.  We wrap up by reminding our listeners about the upcoming Labor Day holiday and its effect on the market. And stay tuned, as we also discuss the latest updates on stocks and bonds with minor gains.  So sit back, relax, and join us as we navigate through the ever-changing real estate market in this episode of Real Estate Jerky Daily.   #RealEstateJerkyDaily #MarketUpdateFriday #PodcastLife #RealEstateInvesting #HousingMarketUpdate #CaliforniaRealEstate #PaychecktoPaycheck #InflationWoes #BLSReport #UnemploymentRate #WageData