A purchase agreement is a legally binding contract that spells out the details of a real estate transaction. Homebuyers and sellers typically sign a purchase agreement shortly after negotiating the ...

Home purchases are getting canceled at the highest rate in years as high prices, elevated mortgage rates and economic uncertainty deter buyers, according to Redfin's analysis of MLS pending-sales data ...

The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has remained rangebound for more than two years, constrained by affordability ...

U.S. sales of previously owned homes unexpectedly dropped in April to the slowest pace in seven months, restrained by ongoing affordability constraints and highlighting a lackluster start to the key ...

The U.S. housing market is experiencing a sharp uptick in home sale cancellations, with nearly 15% of all contracts signed in June falling through -- the highest share for any June since at least 2017 ...