MORE Home Buyers SAYING NO! Housing Market RECESSION IS HERE

The housing market recession has officially arrived folks. In July 2022 16.1% of ALL pending real estate contracts were cancelled. That equates to 63,000 canceled home purchase contracts in just one month. Combine this with several once hot markets like Orlando, San Francisco, seeing home prices GO DOWN!

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Articles Mentioned in the Video

https://www.floridarealtors.org/news-media/news-articles/2022/08/more-fla-buyers-back-out-contracts-july?utm_campaign=8-17-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email

https://www.floridarealtors.org/news-media/news-articles/2022/08/3-5-central-fla-agents-say-market-cooling?utm_campaign=8-16-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email

https://www.floridarealtors.org/news-media/news-articles/2022/08/home-prices-still-soaring-undervalued-cities?utm_campaign=8-16-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email

https://apple.news/Ai50BnNVDSwWy_bFW6F4Flg

https://apple.news/ATUkip_wXSauDTzvTexYOzQ

https://apple.news/A6l26i2-JRd-Lz3iu9jHwNQ

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