WARREN — The Trumbull County Recorder’s Office has received several phone calls over the past week concerning a letter containing a “Purchase Agreement” being mailed out to Trumbull County residents.
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 ...
Potential homebuyers are canceling their purchase agreements at a record rate, according to Redfin, which first started tracking this trend in 2017. According to their data, more than 15% of homes ...
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 ...
More would-be homebuyers than ever are backing out of their purchase agreements. More than 58,000 home purchase agreements were canceled in July—equal to 15.3% of all homes that went under contract, ...
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 ...
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