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Homebuyers backing out of purchase agreements at record rates
FOX Business host Katrina Campins discusses Americans' attitude toward home-buying, noting that many feel owning is ...
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Straight Arrow News on MSNHomebuyers canceling purchase agreements at record rate
Homebuyers are canceling deals at record rates due to high costs and uncertainty, but falling mortgage rates may soon reverse ...
More would-be homebuyers than ever are backing out of their purchase agreements, but that good spell good news for the ...
In July, 15.3% of U.S. home-purchase agreements were canceled, the highest July rate since 2017. High prices, steep mortgage costs, and more inventory are prompting buyers to back out. San Antonio had ...
LOS ANGELES (AP) — The latest sign of trouble in the U.S. housing market: A pickup in home purchase agreements falling through before they’re finalized. Some 6% of pending contracts to buy a home were ...
Nearly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract during the month, according to a Redfin analysis of MLS data. That marks the highest ...
“It’s worth noting that the housing-market tides are starting to shift slightly. Mortgage rates have been coming down, which ...
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