June’s Shocking Stat: 14.9% of Home Sales Got Cancelled—Here’s Why

Something big just happened in the housing market—and it says a lot about who’s holding the power in 2025. In this episode of ALL IN Miami, I break down a new Redfin analysis showing that 14.9% of home sales were cancelled in June, the highest rate in recent history. Yep—nearly 1 in 7 deals fell through. But why? We dive into: Why buyers are walking away more than ever before The role of inspection periods, better options, and economic anxiety How rising mortgage payments and insurance costs—especially in the Sun Belt—are shifting momentum Why sellers are now making concessions just to keep deals alive What this means for you if you're buying or selling in today’s climate Whether you're a hopeful buyer, a frustrated seller, or just someone watching the market like it’s a reality show—this episode gives you the real talk on what’s really going down. If you ever want to buy or sell a property anywhere in the world, our team would be honored to help get you to your next destination. Until next time, stay curious, stay hungry, and as always… stay ALL IN! Amit Bhuta COMPASS ALL IN Miami Group Licensed Real Estate Agent (305) 439-3031 Mobile [email protected] ALLinMiami.com