Hard to know for any single house, but in our experience buyer cold feet beats financing as the culprit by a wide margin. A relisting could be cold feet, a financing problem, an appraisal gap, or something unrelated to the house. Loan denials are relatively rare when a buyer got a proper pre-approval from a professional up front, and the occasional exception tends to be an appraisal coming in low rather than the borrower failing to qualify. Watch the days-on-market trap. A home might sit a week, spend several weeks under contract, fall apart, and relist, yet display a days-on-market total that includes the prior escrow period. That can make you assume something is wrong with the property when the seller had no control over why the first deal collapsed. Don't let a scary-looking number chase you off a house you'd otherwise want. It's also easy to over-read a trend from your own observations. Once you start noticing relistings, you notice them everywhere, and a personal sample that small can't prove a real shift. The most objective measure we know of is loan pull-through data (Optimal Blue publishes it), which shows completed-loan rates dip when rates spike sharply. Absent data like that, treat a handful of relistings as anecdote.