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. CHECK OUT THESE VIDEOS NEXT: The Housing Bubble is Starting to BURST ➡️ https://youtu.be/veFTvufBnQA THIS Will Be Worse Than a Housing Market Crash ➡️ https://youtu.be/lvM5_RSQ7Wo Thanks for being here to get your dose of real estate reality! 🏡 🏡 NEED A REALTOR IN YOUR AREA? Click the link below to get connected with an agent! ✅If you'd like to work with me to help you with your real estate needs in Northern NJ or need an agent referral in your area, click here: https://www.jackiebakersellsnj.com/ ================================================================== 🏡 If you're interested in purchasing a foreclosed home, visit Foreclosure.com to see all of the available homes: https://www.foreclosure.com/?rsp=3655 ==================================================================== 🛏 If you're looking for the best mattress in your new or current home, check out Saatva: https://saatva.prf.hn/click/camref:1101l3IByk As an affiliate partner with Saatva, I earn from qualifying purchases at no extra cost to you. ==================================================================== Be sure to subscribe! ✅ SUBSCIRBE youtube.com/jackiebakersellsnj?sub_confirmation=1 Jacqueline "Jackie" Baker NJ License 1541448 Coldwell Banker Realty Allendale/Saddle River #realestate #jackiebakerrealtor #jackiebakersellsnj #homebuyingtips #homesellingtips #realestateinvesting All images and additional video segments contained in the Thumbnails and/or B-roll segments are used in strict compliance with the appropriate permissions and licenses required from https://pixabay.com and in accordance with the YouTube Partner Program, Community guidelines & YouTube terms of service.