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Homebuyers Are Increasingly Backing Out of Deals as Slowing Market Boosts Negotiating Power

SEATTLE (NASDAQ: RDFN) Nationwide, roughly 63,000 home-purchase agreements fell through in July, equal to 16.1% of homes that went under contract that month, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

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When Will Homebuyers Quit Canceling Contracts? Not Yet, Apparently

More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked up again.

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Homebuyers Are Increasingly Backing Out of Deals as Slowing Market Boosts Negotiating Power

Homebuyers Are Increasingly Backing Out of Deals as Slowing Market Boosts Negotiating Power
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesPalm bayLas vegasSan antonioNassau countyTaylor marrHeather kruayaiAlexis malinRedfin deputy chief economist taylorLas vegas have highest rateNew orleans

Homebuyers Withdraw from Deals with Slowing Market, Declining Competition

Homebuyers Withdraw from Deals with Slowing Market, Declining Competition
mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.

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Redfin: More Homebuyers Backing Out Of Deals

Nationwide, roughly 63,000 home-purchase agreements fell through in July, equal to 16.1% of homes that went under contract that month, according to a new report from Redfin.

New yorkUnited statesPalm bayLas vegasSan antonioNassau countyTaylor marrAlexis malinHeather kruayaiRedfin deputy chief economist taylorLas vegas top forNew orleansSunshine stateNew york city

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