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Tag Archives: market report

Homebuyers Are Increasingly Backing Out of Deals as Slowing Market Boosts Negotiating Power

Originally published on: August 16, 2022 by Lily Katz and Sebastian Sandoval-Olascoaga from REDFIN. Original article here: About 63,000 home-purchase agreements were called off in July, equal to 16% of homes that went under contract that month. That’s the highest rate in more than two years. Nationwide, roughly 63,000 home-purchase agreements fell through in July, equal to 16.1% […]

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