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, according to a new report from Redfin.
Source: Inman News
When will buyers quit canceling contracts? Not yet, apparently
Published in Brokerage, cancellation, contract, home demand, housing market, Markets & Economy, MLS, Redfin, Select, slowdown and Taylor Marr
More from BrokerageMore posts in Brokerage »
- The modern tech stack agents and brokerages need now: Streaming
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Here’s the essential reading on the Compass-Anywhere deal
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
- Enduring elegance: Leadership lessons from Giorgio Armani
More from contractMore posts in contract »
More from home demandMore posts in home demand »
- Buyers continue downward spiral, but new listings may be steadying
- Share of homebuyers looking to move cities hits new high
- As locals balk, foreign buyers take renewed look at US homes
- The pandemic-era home price boom has ended — and now we know when
- A new normal, or a ‘new weird’? Home prices climb despite 6% rates
More from housing marketMore posts in housing market »
- How Charlie Kirk’s assassination could impact real estate
- The best time to buy a home in 2025: What agents need to know
- Bess Freedman on the market, private listings and 2026
- Why is the Fed cutting interest rates — and what happens next?
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from Markets & EconomyMore posts in Markets & Economy »
More from MLSMore posts in MLS »
- Here’s the essential reading on the Compass-Anywhere deal
- Does the Compass-Anywhere deal set the stage for a private listings culture clash?
- Hack your relationships: 7 underrated tech tools to use now
- Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
- Why agents who ignore branding won’t survive the next 5 years
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from slowdownMore posts in slowdown »
More from Taylor MarrMore posts in Taylor Marr »
- Fewer than 2% of homes changed hands in 2023, marking 10-year low
- US rent hits just shy of all-time record high: Report
- Massive metro-to-metro home price gaps reach 13-year highs
- Spring market falls short, but low inventory is driving up competition
- Low inventory prevents prices from falling even further: Report
Be First to Comment