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Ghosting the Market: Metros Where Buyers are Backing Out of Deals - The MortgagePoint
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Ghosting the Market: Metros Where Buyers are Backing Out of Deals - The MortgagePoint
Think back to March 2020, when the effects of the Covid-19 pandemic were impacting the nation. That’s the last time a dramatic surge in houses falling out of contract occurred, according to Realtor.com. Think of it as “ghosting the market,” if you will. According to Realtor.com, the winter blues are hitting the housing landscape, and buyers are snapping up a home from the wealth of active inventory, then backing out after it has gone under contr…
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