Saturday, July 23, 2022

10 Markets With the Most Home Sales Getting Canceled

Older couple negotiating a home or mortgage deal
fizkes / Shutterstock.com

Temperatures are rising, but the housing market seems to be cooling off. About 60,000 people backed out of homebuying contracts in June, according to real estate service Redfin. That figure represents almost 15% of the homes that went under contract for sale that month and is the highest rate since the beginning of the COVID-19 pandemic. Following are the metro areas where the most people are...



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