Buyers Backing Out in Record Numbers | Phoenix Real Estate Market Update

Buyer confidence is slipping as purchase cancellations just hit the second-highest April rate on record. In this video, we break down what’s really going on in the Phoenix real estate market — from rising mortgage rates to a massive jump in new listings and the first national home price drop in over two years.
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Caitlin McKeague
Broker Associate | BRBR679010000