Sellers are getting ghosted: 15% of homebuying contracts were canceled in september

Seattle--(business wire)--just over 53,000 home-purchase agreements nationwide were canceled in september, equal to 15% of homes that went under contract that month, according to a new report from redfin, the real estate brokerage powered by rocket. that's up from 13.6% a year earlier. homebuyers are ghosting sellers at a higher rate in some parts of the country, mostly in florida and texas. in tampa, which had september's highest cancellation rate, 20.1% of home-purchase agreements were cancel.
RKT Ratings Summary
RKT Quant Ranking