More Home Buyers Than Ever Are Cancelling Contracts (Video)
In this 25 August 2025 video, host Michael Bordenaro talks about how according to Redfin, more homebuyers than ever are cancelling their sales contracts. 15.3 percent of all sales contracts were cancelled in July 2025. More people are starting to do the math during their due diligence period and realizing how much owning a home is truly going to cost and backing away while they still can.
https://youtu.be/2PacSZ1bmGo
00:00 Record Home Purchase Cancellations and Market Predictions
03:22 Who Is Buying Homes in Today’s Market?
04:05 South Carolina Homebuyer: Luck and Early Investment
07:18 Arizona Couple’s Home Purchase: Negotiating with an FHA Loan
09:50 Boston Buyers: Overbidding in a Hot Market
12:55 Soaring Homeowners Insurance Costs and Utility Bills
18:07 Hidden Loopholes and Exclusions in Insurance Policies
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Contracts aee easy to cancel. All contracts are unlawful. We dont have Lawful, dejure money. so contracts are null and void Nunc Pro Tunc ab initio.
…and, every contract is a Nudum Pactum contract.