Buyers Are Walking Away | US News

Home-buying deals are crashing at record rates as a buyer’s market emerges — with 51% more sellers than buyers nationwide, giving buyers unprecedented leverage to walk away if inspections fail, appraisals drop, or repairs aren’t agreed upon. High mortgage rates and tight budgets mean buyers are canceling rather than compromising, especially in post-pandemic hotspots like Atlanta and Houston, where nearly 20% of deals fell through. Meanwhile, tighter markets like New York and California see far fewer cancellations, signaling a cooling housing market despite stubbornly rising prices. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/949b904d0430dbb3