Housing Market COLLAPSE: 56,000 Contracts Canceled

A Redfin report showed that in the month of June 56,000 real estate contracts were canceled. The highest number of cancelations reported in years. Some fear that this could be the beginning of a collapsing housing market.

I’m going to dive into this article along with a few others to talk about why people are pulling out buying homes. It basically all comes down to one thing. Homes are just getting too damn expensive.

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Jacqueline "Jackie" Baker
NJ License 1541448
Coldwell Banker Realty
Allendale/Saddle River

#realestate #jackiebakerrealtor #jackiebakersellsnj #homebuyingtips #homesellingtips #realestateinvesting

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