Has a potential homebuyer backed out of a contract on you recently?
FILE - A home for sale is seen Tuesday, Dec. 8, 2020, in Orlando, Fla. Sales of previously occupied U.S. homes slowed for the fourth consecutive month in May as climbing mortgage rates and prices discouraged many would-be buyers. The National Association of Realtors said Tuesday, June 21, 2022, that existing home sales fell 3.4% last month from April to a seasonally adjusted annual rate of 5.41 million. (AP Photo/John Raoux, File) (John Raoux, Copyright 2020 The Associated Press. All rights reserved)
JACKSONVILLE, Fla. – Homebuyers are backing out of their contracts at the highest rate since the start of the coronavirus pandemic , according to a new analysis.
The study by the real estate brokerage Redfin reveals that about 15% of all homebuyers nationwide had a case of cold feet for one reason or another in the month of June.
We want to know: have you experienced this? Have you backed out of a contract to buy a home or had someone back out of a contract on you?
Let us know what happened by filling out the form below.
Copyright 2022 by WJXT News4JAX - All rights reserved.
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