BACK ON MARKET!

“Back on market!” Yep, you have seen it. The back on
market phrase that’s usually followed by something
like “no fault of the seller or property.” Why does this
seem to be happening more frequently in 2026?

1. Interest rates – some buyers who haven’t
   been actively looking got sticker shock this
   spring and summer when mortgage interest
   rates hit a 12-month high. Make sure the
   buyer provides you with a recent preapproval
   letter, preferably from a local lender!
2. Condition of the home – 2026 buyers are
   looking for homes in top condition. When home
   inspections reveal necessary repairs that
   weren’t visible (or known) prior to making an
   offer, a buyer’s excitement can fade. If sellers
   are not immediately willing to negotiate repair
   items, the transaction can become emotional,
   often resulting in a buyer’s termination.
3. Buyer’s home didn’t sell, or the sale fell
   through – Buying before selling can be
   expensive and risky. If the home doesn’t sell,
   the buyer might terminate their purchase.
4. More homes for sale, simply put, supply and
   demand – In many Triad areas right now, there
   are more homes for sale, and fewer buyers.
   This can cause buyers to rethink their
   purchase, even after contracts are signed.
5. Cold feet – Consumer confidence is trending
   downward. Many speculate that is due to the
   ongoing Iran conflict, and continuing inflation
   concerns.