Agents I've been talking with and sharing our listing experiences all pretty much say the same thing. We have a perfectly average house, a nice home, but once the buyer flaked and fell out of escrow, nobody else is making an offer. It sits. Why did the buyer flake? Most likely because they could not believe their eyes after a home inspection and freaked, a few probably can't qualify for a loan despite the worthless preapproval, but others found a house they liked better.
Since buyers can cancel escrow for any reason during inspection periods, they can cancel because another house became available. So they flit off. It's not ethical nor necessarily legal but they manage to do it. Leaving the seller of a perfectly good home in the dust.
Fortunately, there are HOT homes selling in our Sacramento fall real estate market. But what kinds of homes are they? Read more in my personal blog today at this link: What Types of Homes are Selling in Sacramento?