Uptick Reported in Boston Home Sales Falling Through
Home-sale cancellations are on the rise in Greater Boston, according to a new report from the brokerage and listings portal Redfin.
Home-sale cancellations are on the rise in Greater Boston, according to a new report from the brokerage and listings portal Redfin.
Across the country, contracts for home sales have increasingly fallen through, and Massachusetts is not immune to the trend.
The low levels come despite a weakening local economy and concerns about two of the region’s major industries.
The share of buyers backing out of pending home sales nationwide has hit a new record, according to a new report from Redfin, but in the Greater Boston the trend isn’t nearly so pronounced.