Home sale agreements cancelled at an alarming rate: Redfin

Home sale agreements cancelled at an alarming rate: Redfin

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As high home prices and rising mortgage rates weighed on the minds of would-be homebuyers, many got cold feet this summer – according to an analysis by Redfin. In fact, almost 60,000 home-purchase agreements were canceled in August, marking an increase from 14.3% a year prior and the highest…

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