Why more homebuyers are backing out

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Axios
4 hours ago
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YoyoFeed Ai Summarized
Homebuyers are backing out of purchase contracts at an increasing rate due to economic uncertainty and high housing costs. This trend is visible in a recent report showing that 15% of pending U.S. home sales fell through in September, an increase from the previous year. Several factors contribute to this situation. Buyers are demanding more from their purchases in a market characterized by ... download the app to read more

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